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I have an Index tracking ISA ( FTSE 250 ) which I pay into every month. We aren't talking a fortune here but its currently worth about 8k. The thing that is puzzling me is this...

If at some point I'm sure that the market has peaked and is on a long term downward trend, is it better to just leave the money where it taking the long term view or would I be better off to cash it in and use the money to reduce my mortgage? I'd certainly maintain my monthly investment under either cicumstance in order to start building up that retirement fund again.

My aims are to pay of my mortgage asap but also to build up a fund for retirement. I just can't decide which approach is more efficient!

I'd appreciate any thought.

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  • 301 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?

      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%

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