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Old 01.11.2010, 23:52
economisto
 
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Re: Investment Fund Savings Plan/Income Plan

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+1 for a simple index tracker fund. If you just want to put in an annual amount and not have to manage it for the next 10 years, this is probably the simplest. Because it is quite basic, it usually runs at very low commission levels.
-1 for a simple index tracker fund. Obviously if you know what you're doing and you have time to devote then great. Financial planning in general isn't about simple market exposure (which market, for whom, at what stage in life?). Most people will enter the market at the wrong time, need their money while the market is down and all in all be in for an expensive (though low cost) exercise.
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