Next recession, trade wars, up to 50% portfolio losses

bowlhead99

slapmatt wrote: »

A rough rule of thumb is deduct your age from 100, so if you're 20 go for Life Strategy 80, if you're 40 go for 60 and so on.

The idea being the closer you get to retirement, the less volatility (expose to stocks) you want.

Granny got her birthday card from the queen a couple of years ago and to follow your plan she is asking if any of the Lifestrategy funds will let her go a few percent short equities?

Linton

slapmatt wrote: »

A rough rule of thumb is deduct your age from 100, so if you're 20 go for Life Strategy 80, if you're 40 go for 60 and so on.

The idea being the closer you get to retirement, the less volatility (expose to stocks) you want.

Not applicable now that drawdown is the commonest option for retirees. When you start retirement half your pension pot wont be used for perhaps 15 years. So no reason for that not to be highly investd in equities.

slapmatt

Anonymous101 wrote: »

Sack that! 100 all the way!!! :j:j:j:j

I know. I don't really know why I put money into Life Strategy 60 when almost all of my other funds are exclusively stocks!

bowlhead99

slapmatt wrote: »

I know. I don't really know why I put money into Life Strategy 60 when almost all of my other funds are exclusively stocks!

Because almost all of your other funds are exclusively stocks.

jamei305

Well I put 20K into a global equity fund today, what's the point in having an S&S ISA allowance if you mope about on the sidelines.

JohnRo

jamei305 wrote: »

Well I put 20K into a global equity fund today, what's the point in have an S&S ISA allowance if you mope about on the sidelines.

It's a luxury many cannot afford, it also depends, assuming you have the option, what you need the money to do for you.

If you can afford for it not to do anything for you, for another 10-15 years, then all power to you. It will in all likelihood do very well.

Someone needing a house deposit or other such expense in the next few years would be very wise to 'mope about on the sidelines' with it.

rathernot

jamei305 wrote: »

Well I put 20K into a global equity fund today, what's the point in have an S&S ISA allowance if you mope about on the sidelines.

Which one?

Thrugelmir

Linton wrote: »

Not applicable now that drawdown is the [STRIKE]commonest option[/STRIKE] latest fad for retirees.

A few abnormal years of returns appear to created much complacencey. Similar to why endowment mortgages became the rage. Investment returns likewise failed to materialise.

jamei305

JohnRo wrote: »

It's a luxury many cannot afford, it also depends, assuming you have the option, what you need the money to do for you.

If you can afford for it not to do anything for you, for another 10-15 years, then all power to you. It will in all likelihood do very well.

Someone needing a house deposit or other such expense in the next few years would be very wise to 'mope about on the sidelines' with it.

The comment was made in the context of this thread where people with investible cash are waiting for a crash.

rathernot wrote: »

Which one?

Baillie Gifford Global Discovery :beer:

Prism

jamei305 wrote: »

Baillie Gifford Global Discovery :beer:

I used to have that one until I felt I had enough to make individual regional smaller company funds. My regret is that Global Discovery out performs them