Another (but different) DB Transfer Topic

OldMusicGuy

ZingPowZing said:

Well, I kind of disagree with the rest of OldMusicGuy's post in addition.
I wouldn't surmise the OP is an uneducated newbie learner driver but, if he is, that's no reason not to question his IFA. 

The key is knowing what questions to ask your IFA, and the OP doesn't appear to have a handle on that (yet). I wouldn't have done either either 5 years ago until I did some reading and learning. Maybe you were lucky enough to be born with an innate understanding of investing principles, but sadly I was not. So I had to find out about it by reading some books.....

BritishInvestor

OldMusicGuy said:

BritishInvestor said:

" I have just seen my portfolio achieve exactly the objectives I set through one of the worst downturns in history.  "
In the context of retirement planning and portfolio sustainability, given the brevity of the falls, the fact that high-quality bonds were (broadly) unaffected and also that inflation is muted I'm not sure the recent downturn can be classed as such (from a purely financial POV).

But agree with Kroijer and Monevator tips

OK, I take back the hyperbole..... But I was happy to see my portfolio perform as I hoped it would through a downturn, and it's also doing what I anticipated as things came back up.

Good to hear