How much of your savings do you invest?

moneyfoolish

I have no investments and split my money as follows:-

Current Bank Accounts at 0.60%           28.5%

Current Bank Accounts at 1.5%               1.2%

Regular Savers at 2.75%                         1.1%

Regular Savers at 2%                              1.5%

SIPPs                                                       4.9%

Cash ISA at 1.55%                                 29.3%

Cash ISA at 1.25%                                   8.1%

NSI Guaranteed Growth Bonds at 2.2%  9.8%

NSI Index Linked Savings Certs             15.6%

Unfortunately, even though I'm 75 years old, I may be forced to invest about 15% of my total assets soon as some of the higher paying accounts will mature early next year.

MaxiRobriguez

moneyfoolish said:

I have no investments and split my money as follows:-

Current Bank Accounts at 0.60%           28.5%

Current Bank Accounts at 1.5%               1.2%

Regular Savers at 2.75%                         1.1%

Regular Savers at 2%                              1.5%

SIPPs                                                       4.9%

Cash ISA at 1.55%                                 29.3%

Cash ISA at 1.25%                                   8.1%

NSI Guaranteed Growth Bonds at 2.2%  9.8%

NSI Index Linked Savings Certs             15.6%

Unfortunately, even though I'm 75 years old, I may be forced to invest about 15% of my total assets soon as some of the higher paying accounts will mature early next year.

Even at 75 you shouldn't dismiss investments, as investment time frames are often suggested minimum 5 years, preferably 10 years, and you're young enough still to meet that.

easterbunni

Excluding pensions, currently 35% investments / 65% cash

Reading this thread, now more confident in reducing cash to current month's budget + 3 months and the rest in investments.

resk

I have £10k in savings accounts which is approximately 6 months' expenses, and the rest is invested in my pension, ISAs, LISAs, and GIA.  

DireEmblem

Similar to most others, I have 6 months savings, rest invested.

someone

Hello old thread.

Been doing some admin over the weekend and been getting a statement of affairs ready. Remembered about this thread and thought it was interesting to compare.

My comparison is below. How has everyone else's strategy compared?

someone said:

My job security is somewhat risky (startup) but I have quite low monthly expenses and not a home owner. I have removed 12% cash which is for a short term liability (stoozing) and my pension (as I have two Defined Benefits and one Defined Contributions which is hard to fairly compare). 

73% CASH broken split as

• 66% Cash (ISA/LISA)
• 11% Cash (NS&I Tax Free)
• 23% Cash Other
  

27% S&S ISA approx 50% Equity Blended

• 1/2 at 40% Equity Blend
• 1/2 at 60% Equity Blend

Including that DC pension that would be around 66% Cash, 33% S&S

The cash elements of the ISA/LISA are starting to become a bit of a pain (can't have them held by the same provider due to FSCS protection limits). I note that my equity provision is probably too low. I usually review my ISA in March/April and think some of that will move to my S&S ISA as an ISA transfer. Short term I've updated my monthly payments to 100% Equity.

Using the same methodology

58% CASH slit as

• 52% Cash (ISA/LISA)
  
• 29% Cash (NS&I Tax Free)
• 19% Cash Other

42% S&S ISA approx 80% Equity Blended 

• 1/5 at 40% Equity Blend
• 1/5 at 60% Equity Blend
• 3/5 at 100% Equity Blend

Including that DC pension that would be around 45% Cash, 55% S&S

Mentally I now see my DC pension much more as part of "wealth" than previously. It might be because it's now a larger amount.

My view on job security was correct (not in work for a number of months) however I still feel the decision to switch gears and move cash to equity was correct. If anything I might have been too conservative on my switching strategy. Things might have panned out a bit different if I was in work at the cusp of the tax year.

root

I keep cash/premium bonds for income replacement fund (12 months salary) and money to knock of the mortgage when fixed rate is up in 2027.

Everything else is invested ISA or SIPP.

Aceace

An interesting resurrection of an old thread @someone. 

My strategy is unchanged as it's been working well enough, despite some bumps in the road. I.e. a fair chunk in well protected cash (mostly PBs for me) with the rest split roughly 50/50 between P2P and S&S. More details in my last yearly update here: https://p2pindependentforum.com/post/466234/thread for the hard-of-sleeping.