Hi, iv been reading mumsnet for a while and this is my first post as I am in need of advice. Is anyone able to give me quick explanation of how funds work? There are a lot of threads about it, I used to think property was the way to go (still do) but as there is so much talk about funds its something I want to look into but would like to understand in detail before considering doing it.
I'v got a few documents from the net that im going to read though and find an online course but want to start with the basics. lets say I had £50k to invest what sort of 'safe' fund could I invest in to get a good return of 20% min? (my figures might be totally ridiculous expectations - please say if they are).
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How do funds work......can someone explain in total idiot proof language?
12 replies
tRyer1 · 14/10/2015 16:23
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