Hi all,
I have just read the 'askaboutmoney - guide to savings and investments'. I have a lump sum that I want to invest for over 5 years.
The guide recommends buying shares in the top 10 irish companies as the best option for a long term investment. The guide is a few years old now - does this advice still hold true?
Thanks,
lored
The guide just contains some general rules of thumb many of which are primarily informed by Brendan's personal opinions (with some input and counterviews by others) - for specific advice suitable to the circumstances of a particular individual's situation I believe that independent, professional advice might be a good idea.Hi all,
I have just read the 'askaboutmoney - guide to savings and investments'. I have a lump sum that I want to invest for over 5 years.
The guide recommends buying shares in the top 10 irish companies as the best option for a long term investment. The guide is a few years old now - does this advice still hold true?
Thanks,
lored
Surely if i put 50k into a quinn fund it'll cost €500 per year at 1% charges. If I buy direct i'll have a bigger initial charge but avoid these yearly charges?
I think that this is only if they actively manage your account for you.Not quite true-you may also have ongoing 'account maintenance' type costs when using a stockbroker (this may not be the case with certain online brokers)
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