sipp

patsy43
Forumite Posts: 44
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need advice on what to put in my sipp
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patsy43 said:need advice on what to put in my sipp0
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If you have a SIPP and you're planning to put something in it then I would suggest money.5
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patsy43 said:need advice on what to put in my sippGoogling on your question might have been both quicker and easier, if you're only after simple facts rather than opinions!0
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El_Torro took the words right out of my mouth! Seriously though, you need to tell us a bit about you; your age, your source(s) of income, your attitude to risk, how you intend to use your investments when you retire (will you buy an annuity or will you be happy to leave them invested and producing either income or growth?), and whether you have any knowledge of investing.The comments I post are my personal opinion. While I try to check everything is correct before posting, I can and do make mistakes, so always try to check official information sources before relying on my posts.1
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tacpot12 said:El_Torro took the words right out of my mouth! Seriously though, you need to tell us a bit about you; your age, your source(s) of income, your attitude to risk, how you intend to use your investments when you retire (will you buy an annuity or will you be happy to leave them invested and producing either income or growth?), and whether you have any knowledge of investing.
Unlikely answers here will be of any use, given the lack of information on which to answer!Googling on your question might have been both quicker and easier, if you're only after simple facts rather than opinions!2 -
El_Torro said:If you have a SIPP and you're planning to put something in it then I would suggest money.1
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patsy43 said:need advice on what to put in my sipp
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 -
It depends on several things:1. Your timeframe for when you will draw upon the money.2. Your attitude to risk, which includes your ability to access other more secure, lower risk, income.3. How much return do you think you need from the investments...this is very much related to point 2.If you want to be rich, live like you're poor; if you want to be poor, live like you're rich.0
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patsy43 said:need advice on what to put in my sippHow old are you? The tax relief benefits of saving into a pension scheme stop at age 75.
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