YOUR MONEY: Saving for a flat — should I be in the equity market?

  • 📰 FinancialMail
  • ⏱ Reading Time:
  • 17 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 63%

مصر أخبار أخبار

مصر أحدث الأخبار,مصر عناوين

We look at the best way to build up a deposit on a property over a 12-month period

I am saving for a downpayment on a flat. I will need the money no sooner than 12 months from now. Since July 2022 I have been depositing a monthly amount in a global balanced fund . I am willing to take on more risk than a typical money market product carries.

With the market downturn over the past year, I am thinking of depositing my monthly amount in a global equity exchange traded fund . Would that be wise? What other options would you recommend? Is there anything in particular I need to be mindful of?..If you have already registered or subscribed, please sign in to continue.

لقد قمنا بتلخيص هذا الخبر حتى تتمكن من قراءته بسرعة. إذا كنت مهتمًا بالأخبار، يمكنك قراءة النص الكامل هنا. اقرأ أكثر:

 /  🏆 20. in EG
 

شكرًا لك على تعليقك. سيتم نشر تعليقك بعد مراجعته.

مصر أحدث الأخبار, مصر عناوين