risky buying / betting

grey_gym_sock

puk999 wrote: »

Back to timing the market, I am currently cash heavy in my SIPP due to a transfer-in which I wanted to do not in-specie. I am still thinking of waiting for drops before buying back into global equities, so not sure I've learnt from mistake #1.

you could always work out where you want the cash to be invested eventually (whether that's all in a global equities tracker, or something more complicated), and then drip-feed it in over the next 12 months. feel free to buy more heavily after any big drops, but the main thing is to have a plan which will prevent you from staying in cash for a long time.

your account is a good illustration of the principle: "don't just do something, stand there".