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‘I’m 31 – how should I invest to buy a home and retire?’

Having only begun investing during the pandemic, our young reader is making headway but needs to broaden her fund choices. Taha Lokhandwala takes a look
‘I’m 31 – how should I invest to buy a home and retire?’Published on July 12, 2024
  • Using a ‘readymade’ portfolio means our reader has some peculiar funds
  • She needs to pick new funds and perhaps a new Isa provider
  • Can she balance long-term growth with her aim of buying a house?
Reader Portfolio
Jessica 31
Description

Isa, Premium Bonds

Objectives

Keep saving and grow their portfolio as much as possible

Portfolio type
Investing for growth

Amid the chaos and misery of lockdowns, young workers with decent incomes and high expenses found themselves a little silver lining. As spending on transport, entertainment, shopping and eating out became severely limited, millions saw cash savings swell and they turned to the stock market for the first time.

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