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

worn_out

Albermarle said:

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. 

4.4% actually since jan 3rd, but still 5% below Dec 2021...The trajectory has been slightly upwards in the past year although that seems to be flattening out a bit recently....  They say it's actively managed but it's a conglomeration of other HSBC funds so I don't know how effective that is....I'll probably stick with it tbh...

Albermarle

worn_out said:

Albermarle said:

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. 

4.4% actually since jan 3rd, but still 5% below Dec 2021...The trajectory has been slightly upwards in the past year although that seems to be flattening out a bit recently....  They say it's actively managed but it's a conglomeration of other HSBC funds so I don't know how effective that is....I'll probably stick with it tbh...

Exact time periods are very important when comparing investments. Markets peaked in December 2021.
Since December 2021 ( as opposed to May 2021) the two investments I mentioned are down 9% and 5% as of today.

dunstonh

Albermarle said:

worn_out said:

Albermarle said:

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. 

4.4% actually since jan 3rd, but still 5% below Dec 2021...The trajectory has been slightly upwards in the past year although that seems to be flattening out a bit recently....  They say it's actively managed but it's a conglomeration of other HSBC funds so I don't know how effective that is....I'll probably stick with it tbh...

Exact time periods are very important when comparing investments. Markets peaked in December 2021.
Since December 2021 ( as opposed to May 2021) the two investments I mentioned are down 9% and 5% as of today.

Also, HSBC have two multi-asset options.  The GS range which was originally launched for IFAs and DIY and the  world selection range which was for branch distribution and their in-house salesforce.  GS is much better than world selection.

Andreg

Have a read on what Terry Smith says about market timing.  I would recommend you invest and disinvest steadily into shares over a period of time rather than trying to buy just before the market goes up, or sell before a fall.  Over time shares usually outperform cash savings, and I believe that will continue to be true even with higher interest rates.