We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

HL Sipp worries

2»

Comments

  • Albermarle
    Albermarle Posts: 29,161 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.  
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 352.3K Banking & Borrowing
  • 253.6K Reduce Debt & Boost Income
  • 454.3K Spending & Discounts
  • 245.3K Work, Benefits & Business
  • 601.1K Mortgages, Homes & Bills
  • 177.6K Life & Family
  • 259.2K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.