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

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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.

이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:

 /  🏆 20. in KR
 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.

But the 🦧 want it for free.. can you give advise to them on that!

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