Am I well balanced?

Pincher

Either I can't add, or the non-property part fits into a Nationwide FlexDirect. Surely far simpler, and no fees?

chockydavid1983

S&S ISA shouldn't be considered part of an emergency fund.
Stock markets can be very volatile and you wouldn't want to be in a situation where you had to withdraw a significant amount just after a big fall.

jimjames

MatthewAinsworth wrote: »

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...

Not sure how bonds fits into mortgage

You have no exposure to any large cap or medium cap companies outside the UK. That seems a very big bit missing.

bigadaj

Personally I'd want £5-10k in cash before doing much with equities, apart from taking advantage of employers pension contributions.

Particularly as this amount could be earning at least 3%, likely 4-5%, and up to 6% in regular savers.

weenie15

Here are some 'lazy portfolios' you could consider:

http://monevator.com/9-lazy-portfolios-for-uk-passive-investors-2010/

System

Pincher - indeed my cash is in one of those, I'm just urgent to launch myself and making a calculated risk. I don't need much for bills and don't feel job is in any way endangered - as long as I continue to show commitment there's lots of dead wood they'd sooner get rid of

Jimjames - to me a mortgage is a bond invested in me, and by paying my monthly mortgage (repayment part of that is more than what I put into the s&s) then I am reducing that bond like debt. Why buy bonds that are similar to the mortgage but with more risk?

Bigadaj - it'd take a few years for someone on my income to save that up, and I feel people are overly worried about the stock market when a far bigger financial danger for me would be death of me or my partner. That said I don't do life insurance as I am gambling that that won't happen

Jimjames - fair point about mid cap, I just thought a combination of big and small pretty much covers it

And I do have some international large cap I forgot to mention - my isa's 85% equity is 60% the FTSE all share mentioned and 25% international big cap

Also forgot to mention, I have a dB pension too, and if that also blew out, possibly pension credit if that still exists, that's all very bearish thinking though

System

Basically I know lots of people in far more precarious positions than me, renting, overdrawn, unpopular at work, and they do lose their jobs sometimes, but only if they're rubbish, and that's their choice if they're going to be. A lot of them just rebound to the job centre. If we did have a collapse in benefits in the future, these people would starve

redpete

If you are just investing for a pension then the DB pension can be considered an alternative to bonds (and arguably for some cash as well, but not cash you might want access to, and at your age you prob wouldn't have cash in a pension investment portfolio).

I'd probably go for no more than 25% UK equity and spread the rest over US, Europe, Far East, a bit each in developing markets and a global property fund.

masonic

The way I see it is:

You are paying 3 times the amount of new money into your SIPP as you are saving outside it. You have acknowledged you don't have enough cash. So maintain a balanced portfolio in S&S within your SIPP since you'll be holding this until retirement. Meanwhile forget about the S&S ISA for now and concentrate building up a cash fund earning >4%. Restart S&S ISA contributions when you have filled the higher paying current accounts. You'll still be investing 75% of the money you are saving each month into S&S.

Thrugelmir

MatthewAinsworth wrote: »

Badger - unlikely to lose it completely,

What security does your employer offer that things will never change. More often or not change is beyond ones own control.