We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide
Stocks and Share or Savings?
SunnyPig
Posts: 1 Newbie
Thanks for letting me join the forum.
I have a stocks and shares pension with Sanlam.
Each quarter statement shows that my pension is losing value.
Should I keep my money invested in stocks and shares or look for a savings plan that would be less risky?
I was born in 1965.
In the past eighteen months I have lost about £3,600.00
Hope you don't mind me asking what you think.
I have a stocks and shares pension with Sanlam.
Each quarter statement shows that my pension is losing value.
Should I keep my money invested in stocks and shares or look for a savings plan that would be less risky?
I was born in 1965.
In the past eighteen months I have lost about £3,600.00
Hope you don't mind me asking what you think.
0
Comments
-
It has been a negative period on the stock market but it is picking up. Selling when stocks are low would just crystallise that loss. Leave them to recover.
Instead maybe do a bit of reading around the subjectI’m a Senior Forum Ambassador and I support the Forum Team on the Pensions, Annuities & Retirement Planning, Loans
& Credit Cards boards. If you need any help on these boards, do let me know. Please note that Ambassadors are not moderators. Any posts you spot in breach of the Forum Rules should be reported via the report button, or by emailing forumteam@moneysavingexpert.com.
All views are my own and not the official line of MoneySavingExpert.2 -
Each quarter statement shows that my pension is losing value.That is highly unlikely unless you have been invested for less than a year. (and not every quarter this year has been negative).
2021 was positive as was 2020, despite it having a bigger loss period than the one seen this year. You have to go back to 2018 to see the last negative calendar year. So, if you are seeing drops every quarter then something is very wrong.In the past eighteen months I have lost about £3,600.00Markets generally started falling from the end of 2021. So, it should only be in the last 11 months. Not 18.
What are you invested in?
I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.0 -
I have a stocks and shares pension with Sanlam
I had not heard of Sanlam, but a quick google shows they are an investment management company.
OP - Something seems to not add up.
You seem relatively poor in knowledge about investments/pensions, and you are concerned about relatively minor losses ( in pension terms).
On the other hand you are investing via a company, where their website seems to indicate that they are dealing mainly with higher net worth individuals/professional investors.
1 -
One needs a) stocks b) bonds c) cash. My preference is to use pension room for a) and b).0
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 354.2K Banking & Borrowing
- 254.3K Reduce Debt & Boost Income
- 455.3K Spending & Discounts
- 247.1K Work, Benefits & Business
- 603.8K Mortgages, Homes & Bills
- 178.4K Life & Family
- 261.3K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.7K Read-Only Boards