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What to do if your nest egg is locked up in a savings plan

Reader question – what to do if you find yourself trapped in a long-term savings plan.

Having invested into equity and bond funds over the last two years I can no longer put money regularly into my savings plan. I have some US$100,000 invested. What should I do?

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5 reasons why you should never invest in a long-term offshore savings plan

Financial advisors are often trying to get expats to invest in long-term savings plans. They sound good in theory but 99% of the time they are completely inappropriate. You will probably either make unimpressive gains or lose money. So just say no and tell your friends to say no too. Here’s why. Almost no financial advisor on commission is going to tell you this, which is why I have to.