I have around £5000 in cash sitting in my HL SIPP that I want to invest in a fund. Any suggestions for funds that might be worth a punt in the current market??
I have around £5000 in cash sitting in my HL SIPP that I want to invest in a fund. Any suggestions for funds that might be worth a punt in the current market??
Before Golfie arrives, it'll partly depend how much and what other funds you are invested in?
I have around £5000 in cash sitting in my HL SIPP that I want to invest in a fund. Any suggestions for funds that might be worth a punt in the current market??
Before Golfie arrives, it'll partly depend how much and what other funds you are invested in?
Quite a few recommended on here previously! Bailie Gifford Global discovery, Fidelity global healthcare, Allianz Continental European, Baillue Gifford American...was thinking maybe UK fund(s) to hope to get reasonably priced and hope for post recovery growth!
All depends what % the £5k is in relation to the rest of your portfolio & what else you are invested in - eg, are you overweight/ underweight in any particular asset class or geographical economy.
All things being equal then UK equities imo are still worth a punt. Most other stockmarkets have come back from the March fallout but the UK is still down by around 25%. A few fund houses disagree & think that Asia & Emerging markets is the place to go.
All depends what % the £5k is in relation to the rest of your portfolio & what else you are invested in - eg, are you overweight/ underweight in any particular asset class or geographical economy.
All things being equal then UK equities imo are still worth a punt. Most other stockmarkets have come back from the March fallout but the UK is still down by around 25%. A few fund houses disagree & think that Asia & Emerging markets is the place to go.
Thanks @g@golfaddick - it’s less than 5% of overall SIPP and I have other pensions and investments so willing to be a bit riskier - my other investments in global or US funds - and as UK generally low still thought might be worth a punt...
All depends what % the £5k is in relation to the rest of your portfolio & what else you are invested in - eg, are you overweight/ underweight in any particular asset class or geographical economy.
All things being equal then UK equities imo are still worth a punt. Most other stockmarkets have come back from the March fallout but the UK is still down by around 25%. A few fund houses disagree & think that Asia & Emerging markets is the place to go.
Thanks @g@golfaddick - it’s less than 5% of overall SIPP and I have other pensions and investments so willing to be a bit riskier - my other investments in global or US funds - and as UK generally low still thought might be worth a punt...
That being the case then sticking £5k into a UK equity fund shouldn't be too much of a risk.....and if held for a year or so might see a bit of an increase when we finally get out of this Covid mess.
Funds in my hot list include MI Chelverton UK Growth, SDL Free Spirit, Premier UK Growth & Miton UK Smaller Companies.
First month invested for me with £20k of PSBs. 2 x £25 wins. Very pleased but also surprised by that. At current odds of 25,000-1 to win anything, looks like a good result.
I have a bit of a history of extreme good luck and bad luck. On my only occasion playing roulette in Las Vegas, I bet ‘black’ 7 times consecutively and it came up ‘red’ every time. It came up black on the 8th occasion that, of course, I did not bet on. Conversely, I won the top prize of £750 on Valley Gold the first month I had joined. Other examples like that too throughout my life. Bauer last scorer at 75-1 in the playoff final was a particularly good one.
I genuinely believe that my extreme luck gives me a good chance of winning the big ‘un on here.........or being swallowed up by Orpington’s largest ever sink-hole. 👌🏻
All depends what % the £5k is in relation to the rest of your portfolio & what else you are invested in - eg, are you overweight/ underweight in any particular asset class or geographical economy.
All things being equal then UK equities imo are still worth a punt. Most other stockmarkets have come back from the March fallout but the UK is still down by around 25%. A few fund houses disagree & think that Asia & Emerging markets is the place to go.
Thanks @g@golfaddick - it’s less than 5% of overall SIPP and I have other pensions and investments so willing to be a bit riskier - my other investments in global or US funds - and as UK generally low still thought might be worth a punt...
That being the case then sticking £5k into a UK equity fund shouldn't be too much of a risk.....and if held for a year or so might see a bit of an increase when we finally get out of this Covid mess.
Funds in my hot list include MI Chelverton UK Growth, SDL Free Spirit, Premier UK Growth & Miton UK Smaller Companies.
Thanks - I’ll look into those funds! And £75 this month from Ernie...reinvested as usual.
£75.00 for me & my pharma (COVID related) shares starting to move upwards nicely, keep safe & strong all.
The AIM market seems to have gone mad regarding Covid related shares - plenty of rumours and misinformation floating about. Some investors will make a fortune and some lose a lot
My financial advisor over here laughed at me when I bought premium bonds.
I made a three figure sum in prizes. He lost me a six figure sum! He got sacked.
SIX figures? Good grief. The sack? He deserves a visit from the Hale crew!
Was he one of those British expats who prey on fellow expats? I had some youngster from the notorious DeVere call me the other day. The only reason i took the call was that it showed up as coming from the UAE. I thought it might be Tahnoon...anyway he rather regretted it.
FTSE100 closed up 2.3%. Most European markets up around 2.5%......Spain up 4.6% ! Even the US is up over 2% on early trading.....you would have thought their eyes would have been on something else today.
FTSE100 closed up 2.3%. Most European markets up around 2.5%......Spain up 4.6% ! Even the US is up over 2% on early trading.....you would have thought their eyes would have been on something else today.
FTSE100 closed up 2.3%. Most European markets up around 2.5%......Spain up 4.6% ! Even the US is up over 2% on early trading.....you would have thought their eyes would have been on something else today.
Signs of recovery or a dead cat bounce....??
Dead cat, take some profit.
Mug punters in funds simply are not allowed to do that. 24-48 hour time lag. In this case, the profits are already gone.
Tech is back up again though. Us mug punters just gotta take what's given to us in the short term.
FTSE100 closed up 2.3%. Most European markets up around 2.5%......Spain up 4.6% ! Even the US is up over 2% on early trading.....you would have thought their eyes would have been on something else today.
Signs of recovery or a dead cat bounce....??
Dead cat, take some profit.
Mug punters in funds simply are not allowed to do that. 24-48 hour time lag. In this case, the profits are already gone.
Tech is back up again though. Us mug punters just gotta take what's given to us in the short term.
Agree to an extent re funds, on individuals i've sold out my Barclays, bought around 94p and sold for £1.12 and Hiscox bought at £7.60 and sold £8.48. My BATS are just above what I paid £25.14 v £25.70 but will hold them, Go Ahead at numerous prices, some massively up some massively down with a net gain of about £150 if I sold today! Tullow i've took some gains but still hold some (still in profit). Lloyds I think i'll dump, been a bit up and down but sitting on about 14% profit so may take that today.
Don't think i'll buy any more individual shares right now apart from the sharesave scheme at my new employers.
FTSE100 closed up 2.3%. Most European markets up around 2.5%......Spain up 4.6% ! Even the US is up over 2% on early trading.....you would have thought their eyes would have been on something else today.
Signs of recovery or a dead cat bounce....??
Dead cat, take some profit.
Markets up again. Maybe the cat has legs after all.
Comments
All things being equal then UK equities imo are still worth a punt. Most other stockmarkets have come back from the March fallout but the UK is still down by around 25%. A few fund houses disagree & think that Asia & Emerging markets is the place to go.
Funds in my hot list include MI Chelverton UK Growth, SDL Free Spirit, Premier UK Growth & Miton UK Smaller Companies.
I have a bit of a history of extreme good luck and bad luck. On my only occasion playing roulette in Las Vegas, I bet ‘black’ 7 times consecutively and it came up ‘red’ every time. It came up black on the 8th occasion that, of course, I did not bet on. Conversely, I won the top prize of £750 on Valley Gold the first month I had joined. Other examples like that too throughout my life. Bauer last scorer at 75-1 in the playoff final was a particularly good one.
I genuinely believe that my extreme luck gives me a good chance of winning the big ‘un on here.........or being swallowed up by Orpington’s largest ever sink-hole. 👌🏻
as per usual my father in law did well, £225.
A mere £50 for me, but I'll take that.
Was he one of those British expats who prey on fellow expats? I had some youngster from the notorious DeVere call me the other day. The only reason i took the call was that it showed up as coming from the UAE. I thought it might be Tahnoon...anyway he rather regretted it.
Did you win £550 in a joint savings and that's just how you fancied distributing the winnings? :-)
FTSE100 closed up 2.3%. Most European markets up around 2.5%......Spain up 4.6% ! Even the US is up over 2% on early trading.....you would have thought their eyes would have been on something else today.
Signs of recovery or a dead cat bounce....??
Tech is back up again though. Us mug punters just gotta take what's given to us in the short term.
Don't think i'll buy any more individual shares right now apart from the sharesave scheme at my new employers.