Pension recovery from covid

Audaxer

TBC15 said:

VLS 60 took 8 months to recover from its Feb high. It’s currently up just over 2% from Feb

The VLS40 recovered a bit quicker than the VLS60. Both are now just under 6% up for the year to date, which doesn't seem too bad to me. Not nearly as good performance as pure growth funds, but who knows what will happen going forward.

cfw1994

Joey_Soap said:

Well done, I am still about 10% down because I had way too much in FTSE100 income stocks. Lesson well learned here.

I’ve often said here that the UK is only 5-6% of “the World” in market terms....makes sense to look wider (for those who agree broadly with Lars Kroijer’s approach).  Hence I use an international fund that is up a third over the past 12 months.
One quarter of my main pot is with Aviva Baillie Gifford American.....an area that has literally doubled in the past 12 months.  

Crazy really (why wasn’t I smart enough to know that, and have ALL my funds there
Who knows what happens next?!

Joey_Soap

cfw1994 said:

Joey_Soap said:

Well done, I am still about 10% down because I had way too much in FTSE100 income stocks. Lesson well learned here.

I’ve often said here that the UK is only 5-6% of “the World” in market terms....makes sense to look wider (for those who agree broadly with Lars Kroijer’s approach).  Hence I use an international fund that is up a third over the past 12 months.
One quarter of my main pot is with Aviva Baillie Gifford American.....an area that has literally doubled in the past 12 months.  

Crazy really (why wasn’t I smart enough to know that, and have ALL my funds there
Who knows what happens next?!

It's a lesson well learned here and as the damage eases itself I am rebalaning out of the UK and towards a lower yield but with hopefully income and capital growth prospects.

AnotherJoe

Joey_Soap said:

Well done, I am still about 10% down because I had way too much in FTSE100 income stocks. Lesson well learned here.

The correct amount to have in FTSE100 income stocks is zero.

AnotherJoe

wymondham said:

Just thought this might be interesting to some..... my pension has just recovered to pre-covid days - took a while!

... And then you have the lady in another post who sold in April, held everything in cash (and continues to) and wanted compo from the broker for putting her in those investments.

FWIW I have a SIPP I haven't touched (much*) at all, its now up 7% from its previous high which was February. It dropped 24% at peak, what did yours do? I'm sure your graph doesn't start at zero because if it did that would have been an alarming fall !?

* It did have 15% in a REIT which i sold in May and  put into the smaller cos fund, the two are now nearly the same %.

swindiff

All 3 of the funds held in the DC part of my pension are up considerably from 1 year ago, and all higher than just before the Covid drop.

[Deleted User]

TBC15 said:

VLS 60 took 8 months to recover from its Feb high. It’s currently up just over 2% from Feb

According to Morningstar charts, VLS 60 was 101 at the beginning of the year, peaked at 105 in Feb, dropped to 85 in March and was back to 101 in early June. I call it recovery.  

As noted, home bias worked against VLS but VLS 60 provided a smoother ride than VLS 100.

scaredofdebt

I'm a bit gutted as I saw this pandemic coming and moved everything out of stocks and into cash, so althought I avoided the drop I didn't get back into the market as I couldn't see it recovering with all the uncertainty.

So I am about where I was in February but could have made 20% or so!

Back in now, hope it rises more on news of vaccines etc.

(most of mine is in foreign stocks)

JohnTbye

Investors are like gamblers, they only tell you when they win and things go well . Great to hear of all the positive results, anyone brave enough to tell of bad experiences during Covid as we will all learn more from them.

jamesd

Here's mine for the approximately three years of no significant fund changes (but some weight changes) in my main long term growth equity pot. Covid drop was about 31%.

Danger: this is a high volatility/risk selection that is unsuitable for most new and more experienced investors! It's only about 50% of my total investable assets.