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HL Sipp worries

2»

Comments

  • Albermarle
    Albermarle Posts: 29,765 Forumite
    10,000 Posts Seventh Anniversary Name Dropper
    and only invest when things start to pick-up.

    How will you know when that is? Things could 'pick up' and then crash again. Or it could  continue to slide , or go sideways or suddenly boom. 

  • Ceme3000
    Ceme3000 Posts: 217 Forumite
    Fifth Anniversary 100 Posts Name Dropper
    sm50 said:

    I am very new to this so am still learning a lot the one thing that I am wondering is whether I should still go with the SIPP but have it sit as cash for now and only invest when things start to pick-up.  
    Nobody can answer that! The experts say don't try and time the market. You could drip feed from cash to funds over the coming months, but no-one knows if that will be good call or a bad one.  
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