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I’m in the process of drip feeding the £100k into investment trusts so at 10 basis points for that service I’ll be paying approx £100 for an upgrade voucher. And I like having a backup account. And who knows, one day being able to take £1,000 out of an ATM might be handy.
Glad to hear someone else mention investment trusts as a number of people here insist index funds are the default/only possible investment solution when they are the road to nowhere and OEICs/unit trusts may also not be ideal in turbulent markets.
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