Hi
I have €20,000 plus €400 a month to invest over 15yrs, I already have read best buy section,just looking for other peoples personal opinion,or experiences,on where would be the place to invest this amount.
Something with exposure to equities I would say, but you would need to provide more information on your overall financial position and the level of risk you are willing to take on before you would get useful advice.
Mortgage?
Pension?
Dependents?
Debts?
Other assets?
My mortage is €25k on a property valued at €400k, should be cleared in 5 years at current repayment rate,no other debts, one dependant,Iam topping up my pension with avc's,Have thought about equities,not sure if it would be better to purchase direct or by way of a fund,or perhaps there is another investment i should consider,Iwould be prepared to take a medium to high risk at this time.Any suggestions would be appreciated.
Hi CCOVICH
Thanks for that, at the moment my mortage repayments are quite manageable, and as i'm looking at a 15 yr time frame, I was looking for investment options rather than clearing the mortage,but i'll look into this option now, Any other suggestions or opinions out there?