Timing the market

Fatbritabroad

Alexland wrote: »

Market is starting to look a bit more attractive so just reduced my cash from 10% down to 9%. Still plenty left incase something unexpectedly bad happens.

Alex

Can I check with people when you give % like this is this all the cash you have or do you hold your emergency fund separately? I've got everything but my emergency fund and a bit of p2p in equities as I'm 37 and won't need it for 20 years at least just wondered when people say O I'm waiting for a buying opportunity I assume you wouldn't put your emergency fund in?!

bostonerimus

Fatbritabroad wrote: »

Can I check with people when you give % like this is this all the cash you have or do you hold your emergency fund separately? I've got everything but my emergency fund and a bit of p2p in equities as I'm 37 and won't need it for 20 years at least just wondered when people say O I'm waiting for a buying opportunity I assume you wouldn't put your emergency fund in?!

In my case my emergency fund is for emergencies and I don't class market volatility as an emergency. I stay fully invested all the time and don't bother with market timing.

Alexland

Fatbritabroad wrote: »

Can I check with people when you give % like this is this all the cash you have or do you hold your emergency fund separately? I've got everything but my emergency fund and a bit of p2p in equities as I'm 37 and won't need it for 20 years at least just wondered when people say O I'm waiting for a buying opportunity I assume you wouldn't put your emergency fund in?!

No that's all in bank account balances (Flex Direct, etc) and various 5% easy access regular savers etc. I am talking about the cash in my workplace pension for which I get a modest return. To be honest I have never had an emergency that has required me to call upon cash unexpectedly.