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Best ISA funds in a bear market and long term recovery?
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JSmith321
Posts: 78 Forumite
With the ISA deadline approaching and the stock market in free fall, any suggestions for funds to take advantage of future long time recovery? Was looking at index trackers like Vantage Lifestyle since the costs are low and the fund has fallen a long way though a lot of other funds have fallen too.
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Comments
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Just buy whatever would be happy to hold under normal circumstances. The falls have been fairly indiscriminate.
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any suggestions for funds to take advantage of future long time recovery?
The problem with looking at investing like that is you will need to know when the economic cycle enters the next phase as you will need to get out of them before it does. Otherwise you will underperform. If you don't have the knowledge and understanding then don't do it. Stick with multi-asset funds.
I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.1
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