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What to Do?

  • 30-03-2011 6:28am
    #1
    mattock
    Closed Accounts Posts: 224 ✭✭


    I have an evergreen fund with New Ireland approx €33k which was initially €40k and an investment bond with Zurich life approx €7k which initially was €20k.
    What is my best option with lock into savings or leave it sit for another couple of years and see what happens, I have lost approx €20k since 2005 .


Comments

  • #2
    jellybeans
    Registered Users, Registered Users 2 Posts: 369 ✭✭jellybeans


    mattock wrote: »
    I have an evergreen fund with New Ireland approx €33k which was initially €40k and an investment bond with Zurich life approx €7k which initially was €20k.
    What is my best option with lock into savings or leave it sit for another couple of years and see what happens, I have lost approx €20k since 2005 .

    Hiya Im in a similar position to you and have been wondering the same thing. I am opting out although I am not down as much as you are. I'm planning on depositing most of the cash but Im going to be investing a small amount into equity shares and possibly an ETF. I think the general consensus is though you should probably leave the fund to recoup as selling when the shares are low is not a good idea. If you dont need the money then if I was in your shoes I would wait a couple of years. Try and ride it out. Have a look at the other thread on the evergreen fund and you might get some better advise.


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