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Foreign & ColonialNewest Review: ... from, and in my case at £25 per month. I believe the starting point is now £50. Now here comes the tricky bit- buying monthly gives you something called pound cost averaging - for example if the cost of buying shares in F & C was £2.00 per share and you invested £600 in a lump sum you would have 300 shares - but if you invested that £600 at £50 month and the average cost that year was £1.95 then you would have 307 shares and some change in the kitty. It gets confusing- but suffice to say this method of drip feeding money into the shares is well thought of by those in the know. I have done ok out of my investment and because of th... more |
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Read Reviews for Foreign & Colonial
by - written on 05/07/09 (Very useful, 31 readings)
Rating:
Back in the dim and distance past when I realised that I had to do more about my retirement than dream about it- I looked for somewhere where someone with very small sums to invest could "have a go" and rather than dive into the stockmarket - tip my toe in at the shallow end. I read reams of financial advice, most of which was not exactly easy to understand. I ended up choosing Foreign and Colonial Investment trust- it had been around for a long time and had good record and importantly for me, I could pay into it monthly from, and in my case at £25 per month. I believe the starting point is now £50. Now here comes the tricky ... Read the complete review

