Investments
The starting point for any Investments is to know what your attitude to risk is.
The basic rule is the riskier the investment, then the more POTENTIAL for growing your money or losing your money.
Even if you don’t like taking risks, then you can still make investments where your worse case is getting your money back (capital protected) or look to invest in cash ISA's where you can get a good rate of interest and the money grows tax free. For more information on ISA's click here
For example, if you invested £10,000 for one year in the following funds* then you could have made: -
Fund |
Risk |
Net Growth |
Current value |
Merrill Lynch IIF Fund |
Very High |
87.4% |
£18,740 |
Artemis UK Special Situation |
High |
25.0% |
£12,500 |
Invesco Perp High Income |
Medium High |
28.5% |
£12,850 |
| New Star Property UT Fund |
|
|
£11,650 |
BGI Gilt & Fixed Interest |
Low |
5.3% |
£10,530 |
Halifax Liquid gold |
No risk |
0.6% |
£10,060 |
If you want to find out more about what investments suits you then contact us.
* The performance of the funds was taken as at 11th April 2006 using Morningstar quicktake report. The interest rate on the Halifax liquid Gold account was taken on 11th April 2006 from the Halifax website, and represents interest rate from 23rd March 2006.
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