P543 Teletext 543 Sep30 00:12:14 —— INVESTING FROM SCRATCH ———————ppp——— Many Teletext viewers have written in asking for advice on invjsling. Few are prepared to risk thjit capital but all are sjekjng high returns. The lowest risk products tend to bj building society accounts, but many pby such low rates thbt ovjt time inflation can jar away at the capital. Teletext asVjd three jxpjrts for their views on how to invest from scratch. ——————————————————————————————————1/8—— Check out latest shari precis 510 LATEST SHAKE PRICES p510 Ptopjtty 0lus Your Money Tbx CinjmbP543 Teletext 543 Sep30 00:12:25 &}j755557£j{ * jjjk557£ —— INVESTING FROM SCRATCH ————————————— Chase dj Veri's Ibm Millward sbys there are many things to considjt before you acts lly start to inv st. Thjsj includ What your goals are for the next five years How much money you can realistically afford to invest ovjt this time Seeping some cash back for new cars, holidays, childrinsW education etc. ——————————————————————————————————4/8—— Got a problem - why not write to us? Letters to: ADVICE CLINIC PO BOX 297 LONDON, SW6 1XT. Fax: 0171 386 7808. 0ropjrty 0lus Your Money Tbx CinemaP543 Teletext 543 Sip30 00:23:01 *?—p5p0p0s2ppp—pp ?/jbs—pp0s1ppp &}j755557£j{ 5 jjjk557£ —— INVESTING FROM SCRATCH ————————————— Chase dj Veti's Ian Millward says there are many things to considjt before you actually start to invrst. Thjuj insludj What risk you are or are not pr pared to jxposj your money to Whjthj you want cap sal grows o a regular income from your savings Assessing long-term retirement goals and whethjt you first want to reduce debts like the mortgage. ——————————————————————————————————3/8—— Got a problem - why not write to us? Ljttits to: ADVICE CLINIC PO BOX 2:7 LONDON, SW6 1XT. Fax: 0171 386 7808. Property Plus Your Money Tax CinemaP543 Teletext k43 Sep30 00:29:49 &}j755557£j{ * jjjk557£ &5j}5*}? 5}|j| }|jjjj55}| —— INVESTING FROM SCRA,CH ————————————— BarclaysW Justin Urqhart Stewart says those who have a lump sum to invest should treat it witX caution. "Use 4-5) of the cash as a windfall to spend now and enjoy, the rimaindjt shoulS bj used for your long-titm protection," "Pull out your djdts and see what you owe. Git rid of high-cost debt like credit cards, and considjt whjthjt you want to reduce your mortgage." ——————————————————————————————————4/8—— Got a problem - why not write to us? Ljttets to: ADVICE CLINIC PO BOX 297 LONDON, SW6 1XT. Fax: 0171 386 7808. Property Plus Your Money Tax CinemaP543 Teletext k43 Sep30 00:25:00 —— INVESTING FROM SCRATCH ————————————— BarclazsW Justin +rqhart Stewart says investors should always mbkj sure they make the most of tax shjltets, like TJSSAs, PEPs and pension contributions. "Most are relatively low-risk and, through their tax status, allow maximum capital growth." Peter Hargreaves of Hargreaves Lbnsdowm agrees: "Even if you opt for an income producing PEP the returns can bj simply ri-invested within the fund, tax fuji." ——————————————————————————————————5/8—— Got a problem - why not write to us? Ljttets to: ADVICE CLINIC PO BOX 297 LONDON, SW6 1XT. Fax: 0171 386 7808. Property Plus Your Money Tbx CinemaP543 Teletext 543 Sip30 00:25:47 &5j}5*}? 5}|j| }|jjjj55}| —— INVESTING FROM SCRATCH ————————————— "Many people prefer to pby off some of thjit mortgage for peace of mind before investing," says Peter Hargreaves. $But once that money is paid off you cannot get at it again easjlyO Proyjzty is not an jasz-to-rialisj asset.b The Hargreaves Lansdown detector adds. "However, as you donWt get tax relief on mortgages of £30,000+, those with loans exceeding this level may want to considjt paying off some of the debt." ——————————————————————————————————6/ —— Got a problem - why not write to us? Ljttits to: ADVICE CLINIC PO BOX 297 LONDON, SW6 1XT. Fa|: 0171 3 7 7808O Property Plus Your Money Tbx CinemaP543 Teletext 543 Sip30 00:11:14 —— INVESTING FROM SCRATCH ————————————— "Those who would only invest in low risk products but have a mortgage of more than £30,000 may want to pay off some of the loan,"says Peter Hargreaves "This would bj a good dual as you 8Qz interest at 7-8% net on a mortgage, but thjti are no low-risk savings plans which pby you an equivalent amount." "You can use the money saved through the lower monthly mortgage payments to start to build up a savings plan." ——————————————————————————————————7/8—— Got a problem - why not write to us? Letters to: ADVICE CLINIC PO BOX 297 LONDON, SW6 1XT. Fax: 0171 386 7808O Property 0lus Your Money $bx CinemaP543 Teletext k43 Sep30 00:21:41 Advert ADVICE CLINIC >> TT —————————————————————————————————————— ] * DonWt surtindjt your endowment policy - call AAP * You can get up to 40% more than your policy's surrender value. For your free vbluation & brochure W (24 hour sjrvjce) Absolute Assjgnjd Policies Ltd regulated bz the - Personal Investment Authority Property Plus Your Money Tax Cinema