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<blockquote data-quote="SilliamWhale" data-source="post: 6693379" data-attributes="member: 1232"><p>Over the past year or two I started taking more of an active interest in mine and I think its beneficial. My uncle set me up with an NFU one when I was 18 and it was only £150 a year to start. I've moved it to Aviva a few years back as I like their online portal ie you can move investments about etc. and I stopped paying for a few years (mistake) and now aim to put about £2-3k a year into it. I'm 42 and its about £85k but it has gone up £12k in 12 months (incl what I'd paid in) which if it can do that every year is pretty bloody good isn't it? (Not saying it will). But I know I need to grow it over the next 20 years presuming I survive that long - currently predicted to be worth £116k @ aged 60 - I think it needs to be double that but who knows what the future holds. </p><p></p><p>I don't know a lot about the funds but I mix them up a bit I have started putting smaller % into higher risk catagories of my choosing accordining to performance/ gut feeling. I maybe every 6 months-12 months chop and change a few things.</p><p></p><p>I definitely think having a pension is a good thing. I also think its worth teaching yourself to be hands on a bit and take an interest. Yes they don't grow like they used to (as in put the money in and shut the door) but that's because of a general flattening off of everything and at least the low interest rates in business have allowed advantages elsewhere.</p></blockquote><p></p>
[QUOTE="SilliamWhale, post: 6693379, member: 1232"] Over the past year or two I started taking more of an active interest in mine and I think its beneficial. My uncle set me up with an NFU one when I was 18 and it was only £150 a year to start. I've moved it to Aviva a few years back as I like their online portal ie you can move investments about etc. and I stopped paying for a few years (mistake) and now aim to put about £2-3k a year into it. I'm 42 and its about £85k but it has gone up £12k in 12 months (incl what I'd paid in) which if it can do that every year is pretty bloody good isn't it? (Not saying it will). But I know I need to grow it over the next 20 years presuming I survive that long - currently predicted to be worth £116k @ aged 60 - I think it needs to be double that but who knows what the future holds. I don't know a lot about the funds but I mix them up a bit I have started putting smaller % into higher risk catagories of my choosing accordining to performance/ gut feeling. I maybe every 6 months-12 months chop and change a few things. I definitely think having a pension is a good thing. I also think its worth teaching yourself to be hands on a bit and take an interest. Yes they don't grow like they used to (as in put the money in and shut the door) but that's because of a general flattening off of everything and at least the low interest rates in business have allowed advantages elsewhere. [/QUOTE]
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