12% a year is bloody optomistic unless you are prepared to take some fairly hefty risks...
If you are looking at a mixed bag of UK/European/USA shares, with a wee bit of something more speculative like Japan or Emerging Markets, a reasonable expectation would be 8-9% after investment costs.
I am an independent financial adviser - so gaz me if you need anything
/desperate tout for business - c'mon, its a bit slow atm.
(, Wed 7 Nov 2007, 17:21, Reply)