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topping up funds
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fender2000
Posts: 56 Forumite
is now the wrong time to top up or buy funds as the stock market is at record high
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I am mainly topping up those funds which aren't performing as well.
I like to keep some back in high interest current accounts to take advantage of any dips.
Of course the rise could continue.0 -
fender2000 wrote: »is now the wrong time to top up or buy funds as the stock market is at record high
b) if the market went up in a straight line it would always be at a record high and it would never be the wrong time to top up or buy funds. The FTSE100 index had a nice high in 1999 before plummetting. The value of the index plus the dividends received from the index went over that level by about 2006 but the newspapers are only now talking about us being 'higher than the previous peak'. So much of what you read in papers can be disregarded. And of course the FTSE100 is only one market and there are many markets.
What type of funds you have in your portfolio and how much is actually funds vs cash is personal to an individual.0 -
thanks for the replys0
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