Novice Investor seeking advice
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Though of course none of the research has any experience of long periods of near zero interest rates, quantitative easing etc and certainly not the unwinding of said conditions.0
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Indeed, those could be interesting times. Hence perhaps people should stop transferring their DB schemes to their SIPPs!If you want to be rich, live like you're poor; if you want to be poor, live like you're rich.0
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Bravepants wrote: »Indeed, those could be interesting times. Hence perhaps people should stop transferring their DB schemes to their SIPPs!
Well, they're not offering them those all-time high CETVs because DB trustees have been overcome by the spirit of generosity.0 -
I've been reading a few articles and one of the worries people are citing is EU growth only being propped up by ECB's QE. The question is what happens when it stops or will it ever stop? The UK is also in the same position but I don't believe the level of QE is of the same scale as that of EU.
Any thoughts on this?0 -
sofa_searcher wrote: »I've been reading a few articles and one of the worries people are citing is EU growth only being propped up by ECB's QE. The question is what happens when it stops or will it ever stop? The UK is also in the same position but I don't believe the level of QE is of the same scale as that of EU.
Any thoughts on this?
Stop reading articles. Stick to your VLS100 choice for a few years and see how things go. If you lose 20% "DON'T PANIC", you are young and have plenty of time to recover. As you get a bit older think about adding some fixed income“So we beat on, boats against the current, borne back ceaselessly into the past.”0
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