Monday, September 03, 2007

Doubling Money

I am now very close to having £1000 in my doubling fund. I am considering making one large investment with the money. Shares look quite tempting at the moment as the prices are low, so a good time to make an investment. I do not know that much about shares but I will probably invest in an index tracker account wrapped in an ISA as that is a good tax free way to invest and the tracker, tracks the base rate so has cheaper management fees on the account. I already have an index tracker for my household savings and it is doing really well. I cannot have two accounts so I will have to invest the money in my husbands name, sounds a bit naughty but is easier than changing the household account to his name and starting a new one in my name.

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