Kompany Car
Well-Known Member
- Joined
- 19 Sep 2015
- Messages
- 3,191
Nothing quite like the security of not having a mortgage so I would say pay that off assuming she doesn’t have any other debts. After that it all comes down to how risk adverse she is to investing.
Not an expert on this by any means but a good managed fund (unit trusts) with a mixture of stock/shares, cash, bonds, property etc is a safe bet. Fidelity International have always generally performed well and have some of the best fund managers without taking the piss as regards their fees. Never gonna make a fortune from it but returns of 6-9% pa can be made with relatively low risk. You can even get unit trust ISAs which she should look at if she hasn’t already used her allowance for this year.
Not an expert on this by any means but a good managed fund (unit trusts) with a mixture of stock/shares, cash, bonds, property etc is a safe bet. Fidelity International have always generally performed well and have some of the best fund managers without taking the piss as regards their fees. Never gonna make a fortune from it but returns of 6-9% pa can be made with relatively low risk. You can even get unit trust ISAs which she should look at if she hasn’t already used her allowance for this year.