how safe is safe ?

Albermarle

Good idea, in all likelihood I will not need to draw from this pot so I should consult with those who will inherit it.

Just tread carefully as if the potential heirs are anything like the majority of the population, they will not understand investing, risk management, inflation risk etc . or maybe even totally misunderstand it.

QrizB

Albermarle said:

Good idea, in all likelihood I will not need to draw from this pot so I should consult with those who will inherit it.

Just tread carefully as if the potential heirs are anything like the majority of the population, they will not understand investing, risk management, inflation risk etc . or maybe even totally misunderstand it.

Depending on how old the heirs are now, you could be looking at investing in a global tracker (VWRL or similar) - quite the opposite of the low-risk fund you started this thread discussing.

LHW99

Looking at your fund list, are these all within the £200k DC pot? If so, you surely have some very small amounts in some of them.

For example, you have a 70:30, a 50:50 and a 60:40 versions of Global equity. Having all three in the 60:40 would probably give pretty much the same result and be easier to keep an eye on IMO

player1_2

LHW99 said:

Looking at your fund list, are these all within the £200k DC pot? If so, you surely have some very small amounts in some of them.

For example, you have a 70:30, a 50:50 and a 60:40 versions of Global equity. Having all three in the 60:40 would probably give pretty much the same result and be easier to keep an eye on IMO

My DC pot is all currently in a short term money market fund. The fund list are the different funds available for me to invest in with my current pensions administrator (L&G)

JohnWinder

Smarter Investing by Tim Hale. It’s in its 4th edition now. He wrote it for you, and you have time to get plenty of benefit from it. I think it’s in the west country libraries if you’re near Bristol. 

player1_2

JohnWinder said:

Smarter Investing by Tim Hale. It’s in its 4th edition now. He wrote it for you, and you have time to get plenty of benefit from it. I think it’s in the west country libraries if you’re near Bristol. 

Thanks, Not remotely near Bristol but I’m sure I can source a copy 

Pat38493

player1_2 said:

JohnWinder said:

Smarter Investing by Tim Hale. It’s in its 4th edition now. He wrote it for you, and you have time to get plenty of benefit from it. I think it’s in the west country libraries if you’re near Bristol. 

Thanks, Not remotely near Bristol but I’m sure I can source a copy 

The book is available to borrow also on Kindle unlimited if you happen to have that.