Can't decide ..transfer S&S ISA to fxd int cash isa?

worn_out

After 2 years of stagnation i'm itching to swap my S&S isa to a juicy guaranteed int cash isa now that rates are around 5%. 3 years guaranteed at 5% would seem manna from heaven at the moment. ...but is this the right time, are shares finally going to revive, or totally coolapse ?

xylophone

are shares finally going to revive, or totally coolapse ?

Fall through the ice?

My crystal ball seems to have stopped working, yours too?

worn_out

xylophone said:

are shares finally going to revive, or totally coolapse ?

Fall through the ice?

My crystal ball seems to have stopped working, yours too?

freudian slip ?

dunstonh

worn_out said:

After 2 years of stagnation i'm itching to swap my S&S isa to a juicy guaranteed int cash isa now that rates are around 5%. 3 years guaranteed at 5% would seem manna from heaven at the moment. ...but is this the right time, are shares finally going to revive, or totally coolapse ?

It sounds like you dont understand investing.  So, maybe cash is the best option for you.

a) shares are not in stagnation.  YTD is positive (and for most will be above cash interest rates)
b) 2022 was a negative year.    A larger drop happened in 2020 and 2018 and 2015/16, 2008 and three negative years in a row between 2000-2002.
c) around 1 in 5 years are negative.   

None of this should be new information to you.  So, why would you change course because the last year was negative?

Albermarle

worn_out said:

After 2 years of stagnation i'm itching to swap my S&S isa to a juicy guaranteed int cash isa now that rates are around 5%. 3 years guaranteed at 5% would seem manna from heaven at the moment. ...but is this the right time, are shares finally going to revive, or totally coolapse ?

Most people have a mix of investments, not just equity/shares. So whilst movements in global stock markets play a big part, it is not the only factor.
Nobody can predict the future of markets but history shows they will move up in the long term, but the exact timing is impossible to predict. In any case they are not really down anyway.
The global stock markets are about 5% up in the last year, and 29% up in the last 3 years.

worn_out

Albermarle said:

worn_out said:

After 2 years of stagnation i'm itching to swap my S&S isa to a juicy guaranteed int cash isa now that rates are around 5%. 3 years guaranteed at 5% would seem manna from heaven at the moment. ...but is this the right time, are shares finally going to revive, or totally coolapse ?

Most people have a mix of investments, not just equity/shares. So whilst movements in global stock markets play a big part, it is not the only factor.
Nobody can predict the future of markets but history shows they will move up in the long term, but the exact timing is impossible to predict. In any case they are not really down anyway.
The global stock markets are about 5% up in the last year, and 29% up in the last 3 years.

My ISA grew 0.04% 21/22 and 22/23(to may) -0.12%...so basically has stagnated since May 2021, before inflation...over the lifetime has averaged 7.4%..The price peaked in December 2021 but since then has nowhere near recovered.  I 'feel' like I've weathered the storm and should stick with it, but I also feel that a guaranteed 5% pa is a bit tempting..hence my hesitancy. ..I'll probably stick with the ISA and switch some of my other savings around maybe. thanks..

dunstonh

My ISA grew 0.04% 21/22 and 22/23(to may) -0.12%...so basically has stagnated since May 2021, before inflation...over the lifetime has averaged 7.4%

Negative periods are normal.  So, nothing you are saying is unusual or unexpected.   The lifetime average would need context but broadly speaking, equities underperform at the start or during an inflationary spike but then go ahead at near peak as markets believe the tightening stage is coming to an end.

The price peaked in December 2021 but since then has nowhere near recovered. 

Stockmarkets are not down that much at all (or are even up).  are you sure its equities that you are referring to?      Its mainly gilts and bonds that have suffered.

 I 'feel' like I've weathered the storm and should stick with it, but I also feel that a guaranteed 5% pa is a bit tempting..hence my hesitancy.

It may well be a good option for the defensive side of the portfolio i.e. a replacement for gilts and bonds but it isnt really a replacement for equities.

Albermarle

worn_out said:

Albermarle said:

worn_out said:

After 2 years of stagnation i'm itching to swap my S&S isa to a juicy guaranteed int cash isa now that rates are around 5%. 3 years guaranteed at 5% would seem manna from heaven at the moment. ...but is this the right time, are shares finally going to revive, or totally coolapse ?

Most people have a mix of investments, not just equity/shares. So whilst movements in global stock markets play a big part, it is not the only factor.
Nobody can predict the future of markets but history shows they will move up in the long term, but the exact timing is impossible to predict. In any case they are not really down anyway.
The global stock markets are about 5% up in the last year, and 29% up in the last 3 years.

My ISA grew 0.04% 21/22 and 22/23(to may) -0.12%...so basically has stagnated since May 2021, before inflation...over the lifetime has averaged 7.4%..The price peaked in December 2021 but since then has nowhere near recovered.  I 'feel' like I've weathered the storm and should stick with it, but I also feel that a guaranteed 5% pa is a bit tempting..hence my hesitancy. ..I'll probably stick with the ISA and switch some of my other savings around maybe. thanks..

The missing info is what investments are you actually holding within the ISA ?

oldfella

mine is showing an annualised return of 8% over 25 years

worn_out

Albermarle said:

worn_out said:

Albermarle said:

worn_out said:

After 2 years of stagnation i'm itching to swap my S&S isa to a juicy guaranteed int cash isa now that rates are around 5%. 3 years guaranteed at 5% would seem manna from heaven at the moment. ...but is this the right time, are shares finally going to revive, or totally coolapse ?

Most people have a mix of investments, not just equity/shares. So whilst movements in global stock markets play a big part, it is not the only factor.
Nobody can predict the future of markets but history shows they will move up in the long term, but the exact timing is impossible to predict. In any case they are not really down anyway.
The global stock markets are about 5% up in the last year, and 29% up in the last 3 years.

My ISA grew 0.04% 21/22 and 22/23(to may) -0.12%...so basically has stagnated since May 2021, before inflation...over the lifetime has averaged 7.4%..The price peaked in December 2021 but since then has nowhere near recovered.  I 'feel' like I've weathered the storm and should stick with it, but I also feel that a guaranteed 5% pa is a bit tempting..hence my hesitancy. ..I'll probably stick with the ISA and switch some of my other savings around maybe. thanks..

The missing info is what investments are you actually holding within the ISA ?

It's 25% bonds, 60% stocks, 5% cash and 10% 'other'..a balanced portfolio i've held for 7 years..An 'off the shelf' HSBC ISA...

Albermarle

worn_out said:

Albermarle said:

worn_out said:

Albermarle said:

worn_out said:

After 2 years of stagnation i'm itching to swap my S&S isa to a juicy guaranteed int cash isa now that rates are around 5%. 3 years guaranteed at 5% would seem manna from heaven at the moment. ...but is this the right time, are shares finally going to revive, or totally coolapse ?

Most people have a mix of investments, not just equity/shares. So whilst movements in global stock markets play a big part, it is not the only factor.
Nobody can predict the future of markets but history shows they will move up in the long term, but the exact timing is impossible to predict. In any case they are not really down anyway.
The global stock markets are about 5% up in the last year, and 29% up in the last 3 years.

My ISA grew 0.04% 21/22 and 22/23(to may) -0.12%...so basically has stagnated since May 2021, before inflation...over the lifetime has averaged 7.4%..The price peaked in December 2021 but since then has nowhere near recovered.  I 'feel' like I've weathered the storm and should stick with it, but I also feel that a guaranteed 5% pa is a bit tempting..hence my hesitancy. ..I'll probably stick with the ISA and switch some of my other savings around maybe. thanks..

The missing info is what investments are you actually holding within the ISA ?

It's 25% bonds, 60% stocks, 5% cash and 10% 'other'..a balanced portfolio i've held for 7 years..An 'off the shelf' HSBC ISA...

Similar funds are HSBC global strategy balanced ( up 3% since May 2021) and Vanguard Lifestrategy 60 ( no growth since May 2021) so nothing unusual in your results.
The HSBC fund is up 5% so far this year.