Hi
I'm aged 44 and a member of my employer's defined contribution scheme with Irish Life. There are four funds available. Indexed Global Equity, Consensus, Secure Performance and Exempt Cash. The scheme allows for six free changes per year. In November 07 I switched from Consensus to the Exempt Cash Fund. Since then the Consensus Fund has lost approx 25% of its value. What do you think of switching back into the Consensus Fund? Is this the right time?
Regards
Eugene
I'm aged 44 and a member of my employer's defined contribution scheme with Irish Life. There are four funds available. Indexed Global Equity, Consensus, Secure Performance and Exempt Cash. The scheme allows for six free changes per year. In November 07 I switched from Consensus to the Exempt Cash Fund. Since then the Consensus Fund has lost approx 25% of its value. What do you think of switching back into the Consensus Fund? Is this the right time?
Regards
Eugene