70K to invest.. what to do?

Albermarle

Have moved a higher amount of our savings into various accounts held in my name

Majority of our cash is held in easy access acounts paying higher rates of interest:
Chase
Zopa
Cynergy
Virgin
Tandem
Atom
Marcus; small £ due to better % in those listed above

However much you actively chase around better interest rates , cash savings are currently losing around 6 to 7% in value due to the current high inflation . So hopefully you also have some investments /pension pots that at least have a chance of beating inflation in the long run . Although they are not doing so well recently , in the long term they should produce better returns than cash savings .

tebbins

adindas said:

Kansuwan said:

adindas said:

Kansuwan said:

Well done on that remark,

probably something the majority on forum are unaware of!
Are you at the same time suggesting that bostonerimus knows what sum is appropriate due to the OP's circumstances?

But that means timing the market, is it not ?? 

Remember this quotation that we often see on MSE

"Time in the Market Beats Timing the Market"

Chinese Proverb “The best time to plant a tree was 20 years ago. The second best time is now.”

People often make this quotation without considering whether during the bull market or particular period of the Bear Market??

Probably a good idea for you to read the full thread rather than to surmise.

Well I already read the whole thread. Keep in mind I am not saying, and have never said that timing the market during the particular period of bear market is a bad idea. I am just referring to what have been said in many threads frequently said in the saving and investment sub board.

In fact timing the market during the bear market is what most (if not all) of the billionaires investors such as Warren Buffet are doing.

Warren Buffett: Why I’m holding $144 billion in cash instead of buying more stock

https://grow.acorns.com/why-warren-buffett-holds-hundreds-of-billions-in-cash/

You keep repeating this phrase but I don't think anyone has a clue what your point is, why it matters or how it relates to any thread you've repeated this phrase in.
Stock markets do not exist in a binary bear/bull market state, bear market is simply an emotive label made up to describe periods when a market tended to fall. No two such periods are alike, the lessons from one do not apply to another, hindsight can be informative but not instructive.

By your logic, anyone investing any amount at any time into anything is market timing and therefore bad, stupid and wrong therefore no one should invest, or save, or do anything because they're somehow wrong.

adindas

tebbins said:

adindas said:

Kansuwan said:

adindas said:

Kansuwan said:

Well done on that remark,

probably something the majority on forum are unaware of!
Are you at the same time suggesting that bostonerimus knows what sum is appropriate due to the OP's circumstances?

But that means timing the market, is it not ?? 

Remember this quotation that we often see on MSE

"Time in the Market Beats Timing the Market"

Chinese Proverb “The best time to plant a tree was 20 years ago. The second best time is now.”

People often make this quotation without considering whether during the bull market or particular period of the Bear Market??

Probably a good idea for you to read the full thread rather than to surmise.

Well I already read the whole thread. Keep in mind I am not saying, and have never said that timing the market during the particular period of bear market is a bad idea. I am just referring to what have been said in many threads frequently said in the saving and investment sub board.

In fact timing the market during the bear market is what most (if not all) of the billionaires investors such as Warren Buffet are doing.

Warren Buffett: Why I’m holding $144 billion in cash instead of buying more stock

https://grow.acorns.com/why-warren-buffett-holds-hundreds-of-billions-in-cash/

You keep repeating this phrase but I don't think anyone has a clue what your point is, why it matters or how it relates to any thread you've repeated this phrase in.
Stock markets do not exist in a binary bear/bull market state, bear market is simply an emotive label made up to describe periods when a market tended to fall. No two such periods are alike, the lessons from one do not apply to another, hindsight can be informative but not instructive.

By your logic, anyone investing any amount at any time into anything is market timing and therefore bad, stupid and wrong therefore no one should invest, or save, or do anything because they're somehow wrong.

Definition of bear market

https://www.investopedia.com/terms/b/bearmarket.asp

 "A bear market is when a market experiences prolonged price declines. It typically describes a condition in which securities prices fall 20% or more from recent highs amid widespread pessimism and negative investor sentiment.
Bear markets are often associated with declines in an overall market or index like the S&P 500, but individual securities or commodities can also be considered to be in a bear market if they experience a decline of 20% or more over a sustained period of time—typically two months or more"

https://www.barrons.com/articles/stocks-bear-market-51645814386 More than 75% of stocks in the Nasdaq Composite Index and 51% of S&P 500 stocks are already in a bear market—down more than 20% from peak prices. The outlook is worsening with geopolitical risks exacerbating potential for inflation, higher commodity prices, and “shocks” to growth.

tebbins

adindas said:

tebbins said:

adindas said:

Kansuwan said:

adindas said:

Kansuwan said:

Well done on that remark,

probably something the majority on forum are unaware of!
Are you at the same time suggesting that bostonerimus knows what sum is appropriate due to the OP's circumstances?

But that means timing the market, is it not ?? 

Remember this quotation that we often see on MSE

"Time in the Market Beats Timing the Market"

Chinese Proverb “The best time to plant a tree was 20 years ago. The second best time is now.”

People often make this quotation without considering whether during the bull market or particular period of the Bear Market??

Probably a good idea for you to read the full thread rather than to surmise.

Well I already read the whole thread. Keep in mind I am not saying, and have never said that timing the market during the particular period of bear market is a bad idea. I am just referring to what have been said in many threads frequently said in the saving and investment sub board.

In fact timing the market during the bear market is what most (if not all) of the billionaires investors such as Warren Buffet are doing.

Warren Buffett: Why I’m holding $144 billion in cash instead of buying more stock

https://grow.acorns.com/why-warren-buffett-holds-hundreds-of-billions-in-cash/

You keep repeating this phrase but I don't think anyone has a clue what your point is, why it matters or how it relates to any thread you've repeated this phrase in.
Stock markets do not exist in a binary bear/bull market state, bear market is simply an emotive label made up to describe periods when a market tended to fall. No two such periods are alike, the lessons from one do not apply to another, hindsight can be informative but not instructive.

By your logic, anyone investing any amount at any time into anything is market timing and therefore bad, stupid and wrong therefore no one should invest, or save, or do anything because they're somehow wrong.

Definition of bear market

https://www.investopedia.com/terms/b/bearmarket.asp

 "A bear market is when a market experiences prolonged price declines. It typically describes a condition in which securities prices fall 20% or more from recent highs amid widespread pessimism and negative investor sentiment.
Bear markets are often associated with declines in an overall market or index like the S&P 500, but individual securities or commodities can also be considered to be in a bear market if they experience a decline of 20% or more over a sustained period of time—typically two months or more"

https://www.barrons.com/articles/stocks-bear-market-51645814386 More than 75% of stocks in the Nasdaq Composite Index and 51% of S&P 500 stocks are already in a bear market—down more than 20% from peak prices. The outlook is worsening with geopolitical risks exacerbating potential for inflation, higher commodity prices, and “shocks” to growth.

1. The "definition" is clearly phrased as a description.
2. Different stocks within an index are always going up and down all the time.
3. And? What's your point?

SupaWales

@Bostonerimus Thanks for responding.

I have no debt.
I have cash in bank as you suggest.
I'll investigate my state pension as I know it's missing some years. I'd forgotten about it.
Retirement income will be 2 occupational pensions, one is LGPS the other a university run scheme, along with our state pensions and any income from ISA & any other investments not yet made.
I haven't used this years' ISA allowance for us so I could put £40,000 in?

I'm not sure what low cost multi asset funds are, or diversified index funds so will have to investigate what they mean.

Albermarle

I'm not sure what low cost multi asset funds are, or diversified index funds so will have to investigate what they mean

 Simplified explanation .

There two main types of items that most investments are largely made up of.

Equities - means company shares

Bonds - means loans to governments and companies .

Equities are more volatile ( see stock market going up and down) but have higher long term growth potential . Bonds are more stable but do not grow so much, if at all .

A diversified index fund is 100% equities and made up of thousands of different shares. They are designed to follow an index such as the FTSE 100 or the S&P 500 in the US. 

A multi asset fund is a mixture of equities and bonds . Different ones have different % of each .

They are both known as 'Passive Investing' because there is no attempt to pick winners or buy and sell ( trade) . You just buy them and leave them alone .

Investing in stocks for beginners: how to get started - MSE (moneysavingexpert.com)

Investing for beginners: Why do we invest? - Monevator

Passive investing Archives - Monevator