Am I well balanced?

Legacy_user

Current assets are
50% of a house worth £130k
(Mortgage 72k)
£1100 in FTSE tracking fund isa 85% equity, adding £100 a month
£1000 cash at 5%
£300 in sipp (only just started), £300 thereafter per month into international small cap fund, 100% equity

As I get older might rebalance sipp, possibly

dunstonh

£1100 in FTSE tracking fund isa 85% equity, adding £100 a month

That is not balanced. It is 100% into a single sector (UK equity).

The UK is rarely the best investment sector. The 250 has its moments but the 100 is consistently dire. All share is middle of the road.

You should be looking at multi-asset. Although your amount is very small and it really doesnt matter what you invest in with a regular premium until you get to nearly £10k.

eskbanker

Most on here would recommend an emergency fund of 3-6 months worth of living costs in readily-accessible cash form before embarking on (non-pension) investments....

System

Dunston - when considering the house though, this is my attempts to move away from being so heavily propertied (and bonded with mortgage)
- the isa itself isn't balanced, but its an attempt to improve my overall balance

My job isn't balanced, I rely 100% on one company, and equities should help make that safer as my income will be more diverse

Eskbanker - I should, in a way the isa is me building up an emergency fund shortly after moving anhialated the last one

Should be more cash I suppose, calculated risk

System

Sipp is to balance the isa in a way, away from large cap UK

chockydavid1983

I would say any emergency fund is held in easily accessible cash, i.e. current or savings accounts and a minumum of 3 months worth of expenses.
The investments in both your S&S ISA and SIPP should be more diversified. See things like Vanguard Life Strategy for an idea of asset allocations. There are other companies that provide similar funds.

System

In terms of asset classes what am I missing? As a whole I see myself
Property- too much %
Bonds - too much via mortgage
Equity - large UK, small international
Cash - do need more...

ajdj

You sound like someone who's asked for advice and don't like what they hear. You've had some great pointers already...

System

I'm looking at the overall picture rather than individual funds, in open minded to including something that's missing, and I do accept needing more cash

badger09

How would you cope if you lost your job, or were unable to work for some time?

You might consider putting your S&S ISA aspirations on hold for a while until you have built up a decent emergency fund in cash, using high interest current accounts and regular savers.

While you are building this up, use the time to research into investment strategy, asset diversification, funds, platforms etc.

System

Badger - unlikely to lose it completely, but if I did then tax credits would pick up. I do need more cash, though am seeing the isa as almost cash and an alternative source of income

I think I have more bases covered than most but am trying to check if I need to cover any loose ends - I have no micro cap but don't feel a compelling need. I have only limited big cap international, (in isa fund of funds) that's one thing I could