Safe Sipp

londoninvestor

Bravepants wrote: »

It looks like it will be the "dirty" price, I will ask HL next week for confirmation.

On this HL page it suggests they quote the clean price (go to the "Buying Bonds" tab then open the "What is accrued interest" section):

"Note: The price shown on the screen will not include accrued interest and will be known as the "clean price". The effective price that you pay, including any accrued interest is known as the "dirty price" "

Calling them to clarify is definitely a good idea though.

[Deleted User]

Interesting.

Bravepants

DeletedUser wrote: »

Interesting.

Sorry, I felt like I hijacked your thread a while there.



But I think Government gilts are probably the next best thing to cash. It's just a matter of getting your head around them.

[Deleted User]

Its ok Bravepants. There doesn't seem to be much interest in answering my simple question, so its all yours

Bravepants

DeletedUser wrote: »

Its ok Bravepants. There doesn't seem to be much interest in answering my simple question, so its all yours

Well I think people have. Kidmugsy suggested a 2 year gilt. I think he may have been referring to your "couple of years" requirement.



Gilts are safe because it is unlikely that the UK Government will go bankrupt, and be unable to repay it's loans.

[Deleted User]

Well I think people have. Kidmugsy suggested a 2 year gilt. I think he may have been referring to your "couple of years" requirement.

I take your point, that one slipped by, as i was focussed on cash type things.


I don't know much about gilts, will read up. ta.


Edit, recommend a fund focussed on gilts?

MarcusPiercy1970

I have a modest state pension from a early period of work but have managed my SIPP fund by DIY investing for years.

You can find out the best performing funds and get investment ideas looking at Trustnet,com and Fundlight.com among others, each week. You can steer clear of the duds, keep diversified, and learn a lot. I don't bother with individual shares, but stick to collective investment funds to reduce the risks.

IFAs are of good use, but not to manage my investments. The only person that cares for my money is ME. You can make sure using providers like Hargreaves Lansdown that you I don't pay upfront fees for each investment.

dunstonh

IFAs are of good use, but not to manage my investments. The only person that cares for my money is ME. You can make sure using providers like Hargreaves Lansdown that you I don't pay upfront fees for each investment.

Barely anyone has any upfront charges any more.
HL is not a cheap platform. Indeed, it is one of the most expensive (caveat applies for certain cases).

You can find out the best performing funds and get investment ideas looking at Trustnet,com and Fundlight.com among others, each week.

That data can be next to useless if used incorrectly though. e.g. the 40-85% equity sector has funds that on a typical 1-10 scale could cover risk profiles 3-8. So, is the top performing fund there because its the riskiest in the sector during a period of growth or because it is performing above better than its risk profile suggests it should do.

Someone may be better investing in a fund in the third quartile in terms of performance.

[Deleted User]

Thanks Marcus, i've been looking at Trustnet, and Morningstar, not heard of that other one, i'll check it out!
I have since found some cash based funds, so i'll probably end up picking one of those.


Chrs

[Deleted User]

By the way, i managed to move my money into a safe fund just before the latest crash, looks like i timed it just right after all