Keeping your portfolio afloat
While investing in whiskey is best left to the experts, when it comes to private equity investment, it is important to keep issues of liquidity in mind
I was on holidays last week with an old friend who told me, much to my amazement, that he recently bought a bottle of long-maturing whiskey and parked it in his pension fund.
He assured me this was allowable. Most of the rest of his fund is in property and equities. When he comes to retirement, assuming he keeps his drawings on his other assets at 4 per cent of his total pension ...
