Simple ways to stay safe
Article Abstract:
It is not wise to hold too much money in a building society, as interest rates are low. However, it is important to have access to some funds in an emergency and for foreseeable expenditure. When investing, care must be taken to adopt a balanced approach. Full use should be made of Personal Equity Plans, and attention should focus on the shares of companies offering good value and opportunity. It is important to make the most of any unused tax allowances, including the 7,000 pounds sterling available for investment into an Individual Savings Account.
Publication Name: The Independent
Subject: Retail industry
ISSN: 0951-9467
Year: 1999
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Spread your bets across the market
Article Abstract:
Those seeking to invest in the stock market should take care to diversify their investments, thus reducing risk. They may wish to consider investing through a collective investment scheme such as a unit trust or investment trust. A balanced investment portfolio should be based on a solid group of fixed interest securities that will give a predictable return. However, it is also wise to include an element of equity investment. There are now more than 2,000 unit trusts available in the UK, and choosing the right one can be very complicated.
Publication Name: The Independent
Subject: Retail industry
ISSN: 0951-9467
Year: 1999
User Contributions:
Comment about this article or add new information about this topic:
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