Always Learning
Registered User
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- 142
Hi All,
I'm 36, I started investing in my pension when I was 29 or 30. I contributed for a few years until I decided I'd rather put the money to work myself than leave it to a pension fund. I didn't pay any attention to it since then, until now. I had 30K in it about 5 years ago. It's now worth 28K. How are Zurich so terrible with my money? Granted the last two years have been dodgy in the markets but previous to that, you could have closed your eyes, picked some stocks at random and you would still be up money.
I've enquired about taking the money out but I've been advised I can't do that. I have to leave it in the fund. Is this the norm? Is everyone else's pensions performing as badly as this? Am I just being over critical, is this the norm for pension funds?
I'm glad I stopped contributing to the fund when I did, with that kind of performance everyone would be better off managing the money themselves.
I'm 36, I started investing in my pension when I was 29 or 30. I contributed for a few years until I decided I'd rather put the money to work myself than leave it to a pension fund. I didn't pay any attention to it since then, until now. I had 30K in it about 5 years ago. It's now worth 28K. How are Zurich so terrible with my money? Granted the last two years have been dodgy in the markets but previous to that, you could have closed your eyes, picked some stocks at random and you would still be up money.
I've enquired about taking the money out but I've been advised I can't do that. I have to leave it in the fund. Is this the norm? Is everyone else's pensions performing as badly as this? Am I just being over critical, is this the norm for pension funds?
I'm glad I stopped contributing to the fund when I did, with that kind of performance everyone would be better off managing the money themselves.