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Suggestions for 'safe' investments within a SIPP?

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  • dunstonh
    dunstonh Posts: 119,786 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    in the last 10 years gold has grown over 200% in value.

    And it can go down just as quickly.
    Granted, precious metals went through a large drop in the last few years but it looks to have turned that around somewhat in 2016.

    Gold is a fear asset. It goes up when there is fear and down where there is optimism.
    owever, the OP is looking for security and in my opinion it doesn't hurt to hold a percentage of your portfolio in an asset that tends to thrive when others struggle.

    And struggles when others thrive.

    (inflation adjusted) In 1979, Gold was over $2000. Just over 20 years later, it was $369. In 2011 it went just over $1600 before falling back to just over $1000. it has had a recent rise due to brexit and trump concerns and lingering debt issues.

    In the last 100 years, gold has only been higher than it is now on two periods in real terms. That is not usually an indicator to buy into an asset but to reduce your allocations.

    Gold can have a place for a very very small part of overall assets as part of a diversified portfolio.
    I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.
  • Malthusian
    Malthusian Posts: 11,055 Forumite
    Tenth Anniversary 10,000 Posts Name Dropper Photogenic
    dunstonh wrote: »
    Gold can have a place for a very very small part of overall assets as part of a diversified portfolio.

    And that place is around your finger or around your beloved's neck or wrists, which is sufficient allocation for most investors and also serves a useful purpose as it looks nice.
  • EdGasket
    EdGasket Posts: 3,503 Forumite
    Malthusian wrote: »
    And that place is around your finger or around your beloved's neck or wrists, which is sufficient allocation for most investors and also serves a useful purpose as it looks nice.

    Wait until hyper-inflation kicks in!
  • Dird
    Dird Posts: 2,703 Forumite
    Eighth Anniversary 1,000 Posts Combo Breaker
    Linton wrote: »
    The primary protection against a crash is to diversify as much as possible.
    Literally the whole world collapsed in 2008-2009. I thought I read on BBC/Wikipedia that Mark Carney was praised for making Canada avoid it but their exchange dropped 48% too and is still below the high
    Mortgage (Nov 15): £79,950 | Mortgage (May 19): £71,754 | Mortgage (Sep 22): £0
    Cashback sites: £900 | £30k in 2016: £30,300 (101%)
  • Malthusian
    Malthusian Posts: 11,055 Forumite
    Tenth Anniversary 10,000 Posts Name Dropper Photogenic
    EdGasket wrote: »
    Wait until hyper-inflation kicks in!

    You were asking about low risk investments; gambling on the UK entering hyperinflation, something that has never happened in the UK and only happened a few times in a handful of unfortunate countries in the history of the industrial age, would be an ultra-high-risk strategy by any definition.
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