- James has offered up a suggested income portfolio and wants expert views on whether it works
- He is proposing too many holdings and also has unwieldy Isas and pensions
- Is his focus on income detrimental to his long-term plan?
Reader Portfolio
James
42
Description
£1mn cash, Isas, pensions and general investment accounts
Objectives
Invest £1mn to create income, keep pensions and Isas growing
Portfolio type
Investing for income
Receiving a lump sum to invest might sound like a positive, but often it is tied to a tragic event that reshapes your life and forces you to make difficult decisions. That is the unfortunate situation James finds himself in.