BASICS : what should i do with my pension

james3333

hi all,
i have a 100% lifestyle pension fund with legal and general.
i put in over £200 per month ( plus company matches that)
however, i dont seem to be getting a good return on the cash i put in, sometimes goes up some days it goes down... all looks really confusing but how do i get the cash to work harder for me in the fund?

dunstonh

however, i dont seem to be getting a good return on the cash i put in, sometimes goes up some days it goes down..

That is how investments work. Short term volatility with the objective of getting higher long term returns.

all looks really confusing but how do i get the cash to work harder for me in the fund?

You need to understand investing and how it works. That means spending time to learn about the subject.

SmileyG_2

dunstonh

Sometomes you're as subtle as a sledgehammer through a plate glass window .....

atush

Try looking at it every 6 or even 12 months at first. Markets have always been volatile, but have been more so lately.

Look up and read about Pound Cost Averaging (what you are doing by investing monthly). It shows that is can be good when marksts go down temporarily, as you buy more investment shares/units with the same money each month.