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It's time to start digging up those Squirrelled Nuts!!!!

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  • michaels
    michaels Posts: 29,133 Forumite
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    7IM has been a poor performer. 
    On what metric - has it under-performed its benchmark.  Lots of us want low volatility steady accumulation funds not just maximum return at the expense of huge volatility.
    I think....
  • michaels
    michaels Posts: 29,133 Forumite
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    Sea_Shell said:
    Just out of interest, here's the current chart for the performance of our ISA funds.



    We currently now have £70k in the 7IM and £133k in the Rathbones.

    When they were recently both at their high points, they would have been worth c. £74k and £167k (if we had as many units in each as we now have)

    So for now we're sitting tight with what we have - shrunken nuts!!!!

    We haven't looked at the pension pot figures yet....I'm leaving that joyous task for month end.


    "I picked the wrong week to give up drinking"  B)
    I would always adjust returns and values for inflation, otherwise I think one can have a misleading view of performance.
    I think....
  • Morning everyone. Can I join in the nut diggers? Have loved keeping up with your retirement tales.

    Just agreed with my IFA to start drawing down from my DC pot - feel quite excited about it.

    I'm 60 in April and get a small LGPS pension from then, so I think I can consider myself properly retired. I haven't worked much in the last 2 years as my business (mainly wedding industry) was badly impacted by covid and I shut it down.

    Have been managing fine on OH's salary as covid and then a broken ankle meant spending on eating out and holidays has been limited. I was planning to buy a campervan and set off on a 2-3 month UK road trip as a birthday/retirement celebration. But as I can still hardly walk, that's off for at least a year.

    We need to tackle our groceries spend as that's gone through the roof while I haven't been able to shop or cook. Been relying on recipe boxes. Without them we would have been living on spag bol for 6 months as it's the only thing OH could cook.

    Financially we are solid for at least another 18 months. Then OH's current (academic) contract ends. If he doesn't get a new one, then we can manage but it'll be tighter than we'd like until he starts to draw his USS pension - he's just 53 so a bit of a gap.

  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
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    edited 25 February 2022 at 11:34AM
    michaels said:
    7IM has been a poor performer. 
    On what metric - has it under-performed its benchmark.  Lots of us want low volatility steady accumulation funds not just maximum return at the expense of huge volatility.
    5 year performance in a bull market. Even VLS20 has performed better. 
  • Sea_Shell
    Sea_Shell Posts: 10,031 Forumite
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    7IM has been a poor performer. 
    Perhaps.  But we see it more like slow and steady and less volatile.   

    We haven't added any new money to this fund since April 2019.

    Rightly or wrongly, we've periodically taken the profit from it and moved it to the Rathbones.    

    It's therefore currently worth what we've put in...in £££ terms.
    How's it going, AKA, Nutwatch? - 12 month spends to date = 2.60% of current retirement "pot" (as at end May 2025)
  • michaels
    michaels Posts: 29,133 Forumite
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    michaels said:
    7IM has been a poor performer. 
    On what metric - has it under-performed its benchmark.  Lots of us want low volatility steady accumulation funds not just maximum return at the expense of huge volatility.
    5 year performance in a bull market. Even VLS20 has performed better. 
    But if it now outperforms in a bear market then surely it has done what it is intended to?
    I think....
  • Sea_Shell
    Sea_Shell Posts: 10,031 Forumite
    Tenth Anniversary 1,000 Posts Photogenic Name Dropper
    michaels said:
    7IM has been a poor performer. 
    On what metric - has it under-performed its benchmark.  Lots of us want low volatility steady accumulation funds not just maximum return at the expense of huge volatility.
    I think taken as a whole, we get enough return v. volatility from our Rathbones!!!!   

    The 7IM is a steadying influence.     

    Is that a perfect balance?   Probably not, but then what portfolio ever is "perfect". 


    We don't expect to have to touch the RB fund in the next 10 years, so it can be left alone to (hopefully) recover.  
    How's it going, AKA, Nutwatch? - 12 month spends to date = 2.60% of current retirement "pot" (as at end May 2025)
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
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    michaels said:
    michaels said:
    7IM has been a poor performer. 
    On what metric - has it under-performed its benchmark.  Lots of us want low volatility steady accumulation funds not just maximum return at the expense of huge volatility.
    5 year performance in a bull market. Even VLS20 has performed better. 
    But if it now outperforms in a bear market then surely it has done what it is intended to?
    A question that can only be answered with hindsight. We aren't in a bear market yet. 
  • Audaxer
    Audaxer Posts: 3,547 Forumite
    Eighth Anniversary 1,000 Posts Name Dropper
    edited 25 February 2022 at 8:52PM
    Sea_Shell said:
    Just out of interest, here's the current chart for the performance of our ISA funds.



    We currently now have £70k in the 7IM and £133k in the Rathbones.

    When they were recently both at their high points, they would have been worth c. £74k and £167k (if we had as many units in each as we now have)

    So for now we're sitting tight with what we have - shrunken nuts!!!!

    We haven't looked at the pension pot figures yet....I'm leaving that joyous task for month end.


    "I picked the wrong week to give up drinking"  B)
    Wow, that surprises me that you have so much in Rathbone Global Opportunities as I thought your portfolio would have been a bit lower risk. I've previously thought about investing in it as it does have a good record, but it would have been a much smaller percentage of my portfolio.  Even although it has dropped a lot recently, you have still done very well if you have held it for the 5 years.

    I see that markets have bounced back today from yesterday's losses, so hopefully Rathbone will have gained a bit back when you do your end of month figures.
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