PPRuNe Forums - View Single Post - Anyone closed out their Provident fund recently?
Old 4th Apr 2015, 10:33
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harry the cod
 
Join Date: Jun 2005
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GoreTex

Slight thread drift I know but like Foxy, many pilots do not have the knowledge or inclination to spend lots of spare time researching financial investments. That's why I think the PF is good for the lazy investor.....provided you avail of the 6 monthly meetings from Mondial. For something that's free, it amazes me that so many pilots don't use it and have only cash in their funds, some after being here 7 years or more. That in itself demonstrates how laissez-faire they are to their future.

For what it's worth, I was using the C fund way before 2008. Ironically, a volatile market is best for investments with dollar cost averaging. And when the market does fall significantly, then is the time to be actually increasing your units, not selling them like so many did. That's the advantage of the C fund.

Harry
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