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Unexpected Increase in Investment Value

_pete_ · 2021-04-10 10:10:08

My SIPP is made up of Vanguard LS60 and HSBC's balanced equivalent. It appears to have increased in value by 2% over the past few days. Obviously a pleasant surprise, but I was wondering why... dividends? currency movement? something else?

Comments

Thrugelmir Posts: 89,546 Forumite

11 April 2021 at 8:01PM

csgohan4 said:

2-5% seem to be the norm. When it hits 10-20% I start get nervous. I have stop losses on some of my stocks. But depends on your risk appetite

Shame that company profitability doesn't move at the same speed. High daily fluctuations reflect the underlying uncertainty and hot money swirling around from day trading in the markets.

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