What % of your portfolio is in cash currently?

bowlhead99

Cus said:

Thrugelmir said:

Cus said:

I always have a difficulty holding cash in my SIPP because it's like an investment where I am guaranteed to lose money versus inflation. 

Never had the misfortune to select what turns out to be a bad investment? 

Oh yes, plenty.  But none that advertised what I will lose before I invest. 😁

Losing a couple of percent against inflation may be preferable to losing tens of percent on an investment AND losing the couple of percent against inflation   though we can't know what direction markets will move next. 

Generally I wouldn't be too ashamed of holding some cash in a pension; it represents an option to participate in opportunities that present themselves from time to time:

- If you're only ever going to invest by following an index of prices up and down, and you rationally assume the prices will go up more than they go down in the long term, then yes it makes sense to always hold investments and never hold cash and not worry about trying to 'time the market' which can just result in frustration. So it's rational to be fully invested and you should do just fine.

- Whereas If you're someone who wants to dedicate their portfolio (or a portion of it) to self-selected / active choices in what to hold, it can be rational to have some money sitting on the sideline looking for a bargain. I would refer to it as money that has yet to be invested, rather than dead money. Waiting a year to make a decision and then investing for four years can do better than just throwing money in to whatever option has presented itself today and investing for five.

Albermarle

I always have a difficulty holding cash in my SIPP because it's like an investment where I am guaranteed to lose money versus inflation.

Nobody actually mentioned that cash had to be in a SIPP . I would guess most peoples cash savings are in savings accounts .
By shopping around for the best deals , sometimes you are actually beating inflation , sometimes not of course .
Otherwise I agree with Bowlhead, having some cash available in a SIPP to try and make use of any opportunities that might arise is not necessarily a bad thing.

george4064

I'm currently at circa 10% cash.

Sea_Shell

Currently at 15% of total pots, including DC pensions.

Chickereeeee

10% cash, half of which is  NS&I index linked.

Bravepants

Albermarle said:

I always have a difficulty holding cash in my SIPP because it's like an investment where I am guaranteed to lose money versus inflation.

Nobody actually mentioned that cash had to be in a SIPP . I would guess most peoples cash savings are in savings accounts .
By shopping around for the best deals , sometimes you are actually beating inflation , sometimes not of course .
Otherwise I agree with Bowlhead, having some cash available in a SIPP to try and make use of any opportunities that might arise is not necessarily a bad thing.

I have a SIPP that is all cash (It's been in an InvestAcc MINERVA SIPP at 1.95% for the last two years) , and I intend to add some more to it, ince it matures in February, so that I have 5 years' worth of cash drawdown upto my tax allowance to bridge a gap from 55 (2.5 years away) to 60.

The question for me in February is what to do with it? Close Brothers offer a SIPP deposit account, but it seems not via their own SIPPs, which according to an email from their customer services is not possible because they are different braches of the company! Go figure!

unkle

Depends what you mean around Portfolio. Of my net worth then around 5% is in cash (inc Premium Bonds) of my 'investments' i.e. not including things like cars and home then around 12%.

JustAnotherSaver

Jesus bowlhead, 1000s on clothes in a year? What you buying, armani? Gucci? I don't think I've spent £1000 on clothes in the past 10 years combined. Lol. 

stephenadarglas

SIPP - 10% cash; 90% invested
S&S ISA - 0% cash; 100% invested 
Premium Bonds & 1 year savings bonds - circa 20% of total investments

drphila

Bravepants said:

Close Brothers offer a SIPP deposit account, but it seems not via their own SIPPs, which according to an email from their customer services is not possible because they are different braches of the company! Go figure!

I think you've been given the wrong info. This form is shown on the Close Brothers Savings site:

"Close Brothers Savings Fixed Term Deposit Application FormHeld within your Close Brothers Asset Management SIPP"