Sold our house - using the cash for retirement; thoughts please

Exocet

amcluesent wrote: »

>as we will be living on our boat at least for a while<

Suggests you'll want to purchase a property again in the future. As a hedge against being priced out if there is a large rise in house prices (i.e. if inflation takes off) you should take out a spread-bet on the house price index. As this is geared, it's a far better option for a hedge then buying a BTL.

I'd suggest your portfolio be something like -

25% in best online savings account/best online cash ISA (3% ish)
20% in a hi yield investment trust of miners, oilers etc.
20% in investment grade corp bonds
6% in NS&I index linked 3yr (17th and 18th issue)
5% in bullion gold vaulted outside of the EU
5% in Premium Bonds
4% in Zopa
2.5% in Canadian General Investment Ltd
2.5% in a BRIC investment trust

IS it me, or does that add up to 90%?

amcluesent

>IS it me, or does that add up to 90%?<

IFA fees and 'sundries' took the rest