What is the best option for a long term investment?

I want something to secure my long term future such as a pension but I want the option of having easy access to it if I should need to. I am 28 and can invest about 50.00 a week.

United Kingdom

no such thing. look into a roth ira though.

The key here is the access. The benefit of a pension is that you get tax relief at the highest rate paid. So, if you are a basic rate tax payer and contribute 拢100 per month, you will actually pay 拢78 per month and if you are a higher rate taxpayer, you will pay 拢60 per month. However, you cannot access your pension until you are at least 50. I would suggest that if you have not used your ISA allowance then you invest in one (individual savings account - ISA). ISAs are tax free and you have access to your funds whenever you choose without penalty - of course, if you invest in equities, the value of your investment can go down as well as up with stockmarket fluctuations. It is also worth noting that if say your investment was work 拢5,000 and you wanted to encash 拢500 you can do this - you don't have to sell the whole ISA. I would suggest Fidelity Funds Network - they are in effect, a funds supermarket which allow you to have access to thousands of funds via many fund managers - this means that you can invest in several fund managers under one ISA - if you go to an individual company you can only use their funds. I would suggest the Fidelity MultiManager Income and Growth Portfolios - here is the link - have a read - you can do it online. By the way, if you want to stop contributions at any time you can do so and leave the fund there to continue growing. www.Fidelity.co.uk. If you need advice, go to an independent financial adviser. When saving, always aim to utilise your tax free savings first, i.e. pension and ISAs.

NO RISK LONG TERM INVESTMENT WITH A STEADY AND GUARANTEED RETURN ON YOUR MONEY.

The best long-term investment in UK are "Income Bonds". You can buy these at a post office or through the mail.

Income Bonds are backed by the UK Treasury [Bank of England] and the interest rate is the same as that set by the Mighty BofE [Threadneedle Street London].

Your investment [money] is safe and guaranteed. No other investment bank can offer you this 'guarantee' of total security for your money.

Yes, the level of interest is modest, but it is steady and 'guaranteed' no matter what happens in the stock market or to house prices.

I have 拢85 grand invested in income bonds. This brings in about 拢4,000 a year before tax which is about 20% [damn] of the total interest received.

I'm now 66 and still saving like a loon. Never stop saving.

If you invest 拢200 a month until you retire, you will have more than enough to enjoy the late summer years. I am.


National Savings & Investments - INCOME BONDS JUST GOT BETTERIncome Bonds cannot be bought at the Post Office. If you would like further information on Income Bonds, please call 0845 964 5000 (from 7am until midnight, ...
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MY NOTES : You can hold upto 拢1-million in Income Bonds per person. If you are married or plan to marry, your spouse [wife] can hold her own income bonds up to the same amount.

WHAT TO DO WITH A LOTTERY WIN
Invest the lot with a Bank of England account and earn a steady [guaranteed] income for life - your 'capital investment' is safe.

if you were in the usa i would tell you to buy savings bonds -- if you have something like that over there go for it!!!

Kids...kids are the best answer to that ? you spend alittle her and there on them and when you get old you're set 4 life