What % of your portfolio is in cash currently?

talexuser

10% cash, because was going to buy an electric car, but need some mods to the garage first to fit, and the pandemic has put a downer on it since isolating. If I get the car 8% cash.

raycali

5% cash, 30% equity, 8% stocks. Though in the next 6 months I need to improve my cash in order to make a serious purchase. 

Bravepants

drphila said:

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"

I did think it MUST be possible and that the person was pulling my leg! Thanks for that, I will check it out.

raycali

5%, but I need to save or withdraw for a major purchase soon.

Albermarle

raycali said:

5% cash, 30% equity, 8% stocks. Though in the next 6 months I need to improve my cash in order to make a serious purchase. 

What about the other 57%?

Prism

I always have a large allocation of cash as an emergency fund - about 2 years income. I have no cash in my longer term investments - ISA or SIPP.

ChesterDog

UpZord said:

@ChesterDog lucky you, how did you manage to retire in your 40s?

It was what you might call a mix of good and bad luck.

We had bought a run down business fifteen years or so earlier and put everything we had into turning it into a success. We bought it for £30k and sold it for £600k. But...

We only sold it because my wife developed MS (she is now very severely disabled with it), so we sold up so that I could look after her and we could bank some financial security.

TBC15

10% cash due to a pension transfer, every day burns a hole in my soul.

UpZord

@ChesterDog Well deserved for turning around that business! Sorry to hear about your wife's condition

md258

100% cash (excluding pensions) as I have recently moved house (we were looking in a small area so didn't know exactly how much it would cost so needed it all available), are planning a major extension, have just had a second child (mat leave) and my work has just been sold (so keeping a job was likely but not certain).

There were enough reasons here to hold off investing as I may need some or all of the money in the next few years. Once the extension cost becomes more clear (and the impact of Covid/Brexit on our jobs), then more will go into our pensions and S&S ISA- the vast majority being in equities.