safer investments for rising pound

newbie84

thanks for replies guys. i will keep the funds for now. I just think that the pound struggling muddled the waters a bit. its hard to invest without touching north america

no one could see the pound falling 20 percent. it was a nice bonus at the time

Glen_Clark

newbie84 wrote: »

the pound falling 20 percent. it was a nice bonus at the time

Not as nice a bonus as it appears. Our investments look to be worth more because they are priced in pounds. But those pounds are worth less. Some people don't realise that yet because it hasn't fully fed through to inflation yet.

newbie84

Thanks for everyone who helped me, I didn't sell them in the end and these investments are now back up 5-6 percent, so thank you

Pincher

When are you going to profit take? 20%, 30%, 50%, 100%?
When it's too much so you have to pay tax?

Don't forget to use up your £11,100 capital gains allowance.

You can sell and buy something similar, like S&P500, so you are not out of the market.

newbie84

Pincher wrote: »

When are you going to profit take? 20%, 30%, 50%, 100%?
When it's too much so you have to pay tax?

Don't forget to use up your £11,100 capital gains allowance.

You can sell and buy something similar, like S&P500, so you are not out of the market.

It's held within an ISA so no tax, and yes good question about when to take profit, I don't need the money at the moment, so it will always be held in ISA, invested in what is the big question, but for now I left it in my american funds

Jonbvn

With an US interest rise and likely more to come, I can only see one direction for £/$, at least while Carney is at the BoE.