Sipp

Carolinemjs

I'm about to invest another £2880 in my Sipp but am dithering as to where to put it. My previous investments have been with Hargreaves Lansdowne in their Portfolio + Adventurous Growth.
Would any suggest whether I could do better than this please?
I'm expecting a battering from you experienced people.

AnotherJoe

One of
iShares II plc S&P Global Clean Energy
The Renewables Infrastructure Group Limited

Prism

One of the top holdings of that portfolio is Lindsell Train Global Equity D. I would simply put more in that.

jaybeetoo

AnotherJoe wrote: »

The Renewables Infrastructure Group Limited

It’s trading on a 12% premium so be careful.

AnotherJoe

I believe Lindsell train is at 75% premium !

ColdIron

The Lindsell Train Investment Trust (LTI) is at a premium as it's an IT. Lindsell Train Global Equity D is an OEIC so can't trade at a premium or discount

jamei305

The answer should depend on how many years away you are from wanting to withdraw money from your SIPP.

If you're retiring next year and will have no other source of income, and the SIPP will barely cover what your need to survive, then putting the money into a 100% equities growth fund may be inadvisable.

On the other hand if you're 21 and self-employed then it might be inadvisable not to go for such a fund.

Carolinemjs

I'm already retired. Could you make a suggestion in view of that please?

AnotherJoe

How long is this investment to be held for.

Carolinemjs

AnotherJoe wrote: »

How long is this investment to be held for.

5 years+ depends how long I live


I know that isn't considered long, or long enough but I came to this late and have to make the best of things. I am aware of risk and don't mind that to a degree. sticking my money anywhere that only pays 2% and less isn't an option, better to spend it.

AnotherJoe

And what happens if in 5 years your investment is now worth £1k.

Would you be sanguine about it?