Sipp lump sum investment

zagfles

OldMusicGuy wrote: »

Which I think is the OP's issue - whoever the adviser was they used in the first place made it sound simple and easy and underplayed the risk. Just because your portfolio performed well over the last 5 years does not mean it will do so well in the future. Your simple statement is implying it will always do better and that anyone that doesn't choose your portfolio clearly has a screw loose. So maybe just add the usual "but there's no guarantee we can maintain that level of differential in the future."

It's not fraught with difficulty because you are trumpeting the difference between your portfolio and similar investments based on figures you have worked out. Using those differentials as the basis for charging would not be that complex (I have dealt with far more complex contract-based charging mechanisms over the years). The fact that it's non-compliant suits you more than it suits the consumer IMO.....;)

My portfolio returned 62.9% over 5 years on a similar risk level Of course I won't provide any evidence, I might have cherry picked the period over which to measure it, I might not have compared the risk factors accurately, and I might have just been lucky. And I might not continue to do as well.

But none of that matters, because I don't sell my services to anyone.

Merry Christmas everyone :beer:

Alexland

OldMusicGuy wrote: »

Or can those figures not be trusted.....?

Apparently dunstonh is giving your Christmas present to charity this year :rudolf:

I'm so bored of being stuck in a big office on my own today.

Alex

zagfles

Alexland wrote: »

Apparently dunstonh is giving your Christmas present to charity this year :rudolf:

I'm so bored of being stuck in a big office on my own today.

Alex

Go home then, we won't tell