Alternative to saving in to pension?

Markeee

I'm currently saving into a personal pension (I'm self-employed). However I think when I come to retire in 20 years time the stock market will not be doing well (due to climate change). Is there an alternative to saving into a pension that is perhaps more robust to stock market / economic down turns?


Where did people best place their money in the great depression - or inflation in the Weimar Republic?



I posted a similiar question, but it has gone way off topic. I don't want to debate climate change, saving the world or my own views. I'd just simply like some financial advice given the above scenerio.

molerat

Bitcoin, precious metals, property, horses at Cheltenham.

MEM62

Nobody can predict what the stock market will be doing in 20 years.

I have seen discussion that some have turned to gold as an asset in times of financial termoil but this is not a realistic long-term investment. You could always keep cash but the value of money will erode against inflation over time and eventually be worth comparatively very little.

Investment decisions are made on the basis of what people believe or expect will happen. I doubt that many have considered alternatives to the stock market based on the scneario that you have described as very few will view it as a likely or realistic future.

CheesePlant

Anything that doesn't keep up with inflation is effectively losing money. Bonds might be good at some point if you don't want too much of your money in equities but I think rates are fairly low at the moment. They might pick up though. Also consider property. Personally I have a small amount with P2P earning 5% and a small amount in cash earning 1.5% but all of my pension and most of my savings are in equities. I plan to switch 25% to bonds when I'm near retirement.

_CC_

Ambre Solaire shares?

Brynsam

Pensions don't have to be invested in stocks and shares - but beware the 'lower risk' options such as saving in cash. Low risk (of losing capital) tends to go hand in hand with low risk of keeping pace with inflation.

Linton

I dont think there is any chance of you finding an investment that would ensure your protection against a catastropic fall in the value of shares arising from climate change 20 or more years in the future. The point is that this fall in shares cannot happen in isolation. Anything that had that effect would also affect inflation, employment and thus the repayment of debts followed perhaps by the collapse of banks, the stability of governments and therefore bonds etc etc.

Zola.

Markeee wrote: »

I'm currently saving into a personal pension (I'm self-employed). However I think when I come to retire in 20 years time the stock market will not be doing well (due to climate change). Is there an alternative to saving into a pension that is perhaps more robust to stock market / economic down turns?


Where did people best place their money in the great depression - or inflation in the Weimar Republic?



I posted a similiar question, but it has gone way off topic. I don't want to debate climate change, saving the world or my own views. I'd just simply like some financial advice given the above scenerio.

Nothing will beat the stock market. Despite the huge amount of crashes and events such as:

the great depression
ww1
ww2
the cold war
vietnam
9/11
the dot com crash
the credit crunch of 2008
etc
etc
etc
etc


The market always recovers and always goes up. Climate change for a reason to not invest in the market, is a lunacy idea if you ask me. if you invest in a global index fund, and climate change is changing the world, those companies doing that will be on the stock exchange, making money for you while you sleep.

Unless of course you think the world will be dust by the time you come to spend the money, which in that case, we are all doomed anyway. Better to be safe and invest.

LHW99

I dont think there is any chance of you finding an investment that would ensure your protection against a catastropic fall in the value of shares arising from climate change 20 or more years in the future. The point is that this fall in shares cannot happen in isolation. Anything that had that effect would also affect inflation, employment and thus the repayment of debts followed perhaps by the collapse of banks, the stability of governments and therefore bonds etc etc.

And catastrophic sea-level rise isn't going to be too good for property either!

Linton

LHW99 wrote: »

And catastrophic sea-level rise isn't going to be too good for property either!

Are that is a thought - it surely depends on where the property is. Anywhere say 100ft above sea level should be a geat investment once the flood plains and coastal cities are unundated, provided you could keep the property secure once the refugees start moving.

Mnd

On your last thread you were concerned that pensions would be worthless in 10 years, why have you pushed this doomsday scenario out by 10 years

https://forums.moneysavingexpert.com/discussion/5927973/climate-change-pension-be-worthless-in-10-years