Q&A

My son is looking to buy a house. What should I should do with money I have invested for him? WARREN: You told me you have 80% in equities and 20% in bonds and he’s wanting to buy in a year’s time. I would suggest you reduce the investment risk in anticipation of this and also ensure he utilises his LISA allowance for a free £1,000 bonus. Encourage his partner to do this, too.

Tech is doing so well. Should I buy shares? WARREN: Technology has performed strongly in the pandemic as people have relied on IT for work, socialising and shopping. However, buying one specific share is very risky, especially if you are not very well informed. I’d prefer you invested into a global index fund, also doing well, and you won’t then carry any specific company risk.