By saving in , say, a fund with Eagle Star,like their property fund, and opening the fund up with a little help from an execution only broker, one can "drip feed" a monthly sum with no policy fee, no trailer, and only the standard 1% or similar, P.A. Management Charge. Raise a standing order or similar in your bank. The advantage of drip feeding is that if markets go up or down, you are feeding into the fund at different prices for the units you are buying in the fund. This way,if price of the units is low, you get extra units, and if high you get less. But it will mirror the price of units at all times and you will get a really good rate of return if you go into it with your eyes open, do not panic, and ensure you stay in the fund for the long haul. A fund like this over ,say 7 to 10 years will really surprize you as to how much money it will accumulate.If you know an actuary he / she would have a formula that would give a fairly accurate figure as to what you could expect at say 5, 10, & 12% per annum over 5 and 10 years.
