Cash in SIPP, when to take the plunge?

handful

wjr4 said:

How old are you? How long until you plan to access the pension? 

I'm 61 and considering retiring in the next year or two. I have enough investments in fixed savings, premium bonds and low risk investments to get me to SP age so what I do have in my SIPP is in fairly high risk (or at least high % of equities) to try and maximise returns and with the full knowledge a crash could occur.. Hopefully not one that will take 5+ years to recover from though!

handful

Mutton_Geoff said:

handful said:

I've recently paid some inheritance cash into my ii SIPP, up to my annual limit so roughly £40k. Along with some cash sat in an ISA,  I wanted to get this invested in a global tracker but with the current troubles in Gaza etc and with Iran now starting to make threats I'm kind of thinking it may be a bad time. I know drip feeding  it in is probably a safer option rather than wait for a crash to happen but is there a strategy for this that I may not be aware of? TIA

As they say, it's "time in the market" not "timing the market" that is the best strategy.

Yes I kind of knew all of this and the above, just nervous in case the Gaza crisis escalates rapidly because although the troubles are costed in I don't think the potential involvement of Iran has been yet!. I take the point there is always something going on that could potentially cause a crash but didn't know what the advised route to take was. I'm fairly well decided I will drip feed in 3 or 4 chunks, maybe even starting today!

Albermarle

Ivkoto said:

This two videos might be useful for your situation.

https://youtu.be/oeob9z27-gA?si=1t6Yczns0B8Gk2Mr



https://youtu.be/-6nVyMFAW1M?si=MTpOVDIybDGUIwvV

The problem with the advice in the first video ( and indirectly mentioned by the presenter), is that most people do not have the nerve to hold 100% equities. In a big market drop there is the danger they will sell at or near the bottom, so a bad outcome. 
As bonds/gilts will likely not fall further, and may well see some capital appreciation in the coming years, then on balance the average investor is probably better off in a 60:40 fund. Not very original I know but there is a reason they are popular !

jim8888

Confucius, he say, "The best time to plant a tree was twenty years ago. The second best time is now."