Post 'liberation day' SIPP decisions

pink4655

The US taking decisions unbecoming of a world reserve currency creating doubt and distrust,  macro uncertainties, tariff on / tariff off , US China / trade war etc etc. What SIPP choices to make ? Bitcoin (via MSTR) and gold  as safe havens ?!  Stick with global trackers? Abandon US tech? Or just keep calm and carry on ....?!

Hoenir

Go back to the reasoning behind why you bought your current investments originally. Does it still hold? 

mebu60

I topped up my SIPP holdings yesterday, global trackers, US and US tech (China is in my S&S ISA).

Keep calm and carry on. Unless you're nearing retirement then maybe look at short term money market funds. 

ali_bear

Don't cash out now. 

Roger175

During the course of the week, I've topped up 12 of the 25 companies in which I hold individual shares, as well as my UK equity ETF.

I have to say, in turbulent times like these I'd much rather invest in shares or ETFs rather than OEIC funds. In the case of the latter, you have no idea what the trade price will be and by the time the trade goes through, Trump could have pulled some other stupid stunt to affect the price. At least with ETFs you can make a decision on a known price.

LHW99

Roger175 said:

During the course of the week, I've topped up 12 of the 25 companies in which I hold individual shares, as well as my UK equity ETF.

I have to say, in turbulent times like these I'd much rather invest in shares or ETFs rather than OEIC funds. In the case of the latter, you have no idea what the trade price will be and by the time the trade goes through, Trump could have pulled some other stupid stunt to affect the price. At least with ETFs you can make a decision on a known price.

Agree wrt OIEC's, however unfortunately my IT's have been less affected by drops (~3% on average), but I did manage to pick up some extra UK OIEC at a lower price than it's been trading at since the COVID drop, so it seemed worthwhile.

MK62

Roger175 said:

During the course of the week, I've topped up 12 of the 25 companies in which I hold individual shares, as well as my UK equity ETF.

I have to say, in turbulent times like these I'd much rather invest in shares or ETFs rather than OEIC funds. In the case of the latter, you have no idea what the trade price will be and by the time the trade goes through, Trump could have pulled some other stupid stunt to affect the price. At least with ETFs you can make a decision on a known price.

True, but it could work the other way too......you can buy the ETF and another "stupid stunt" might then cause the price to fall.....so the ETF buyer buys at the higher price, while the fund buyer buys at the next valuation point, now at a lower price.

FIREDreamer

MK62 said:

Roger175 said:

During the course of the week, I've topped up 12 of the 25 companies in which I hold individual shares, as well as my UK equity ETF.

I have to say, in turbulent times like these I'd much rather invest in shares or ETFs rather than OEIC funds. In the case of the latter, you have no idea what the trade price will be and by the time the trade goes through, Trump could have pulled some other stupid stunt to affect the price. At least with ETFs you can make a decision on a known price.

True, but it could work the other way too......you can buy the ETF and another "stupid stunt" might then cause the price to fall.....so the ETF buyer buys at the higher price, while the fund buyer buys at the next valuation point, now at a lower price.

The ETF buyer or seller can deal at a known price, rejecting if the price isn’t favourable. The OEIC buyer and seller are effectively trading blind and at a future price point (a fixed time once daily). I know what I prefer. Also platform charges are generally capped for ETFs making them cheaper to hold if you hold a large quantity.

Hoenir

FIREDreamer said:

MK62 said:

Roger175 said:

During the course of the week, I've topped up 12 of the 25 companies in which I hold individual shares, as well as my UK equity ETF.

I have to say, in turbulent times like these I'd much rather invest in shares or ETFs rather than OEIC funds. In the case of the latter, you have no idea what the trade price will be and by the time the trade goes through, Trump could have pulled some other stupid stunt to affect the price. At least with ETFs you can make a decision on a known price.

True, but it could work the other way too......you can buy the ETF and another "stupid stunt" might then cause the price to fall.....so the ETF buyer buys at the higher price, while the fund buyer buys at the next valuation point, now at a lower price.

The ETF buyer or seller can deal at a known price, rejecting if the price isn’t favourable.

ETF's can also trade at wide discounts when there's limited liquidity , or detach themselves temporarily from the underlying asset value. Far from risk free. 

FIREDreamer

Hoenir said:

FIREDreamer said:

MK62 said:

Roger175 said:

During the course of the week, I've topped up 12 of the 25 companies in which I hold individual shares, as well as my UK equity ETF.

I have to say, in turbulent times like these I'd much rather invest in shares or ETFs rather than OEIC funds. In the case of the latter, you have no idea what the trade price will be and by the time the trade goes through, Trump could have pulled some other stupid stunt to affect the price. At least with ETFs you can make a decision on a known price.

True, but it could work the other way too......you can buy the ETF and another "stupid stunt" might then cause the price to fall.....so the ETF buyer buys at the higher price, while the fund buyer buys at the next valuation point, now at a lower price.

The ETF buyer or seller can deal at a known price, rejecting if the price isn’t favourable.

ETF's can also trade at wide discounts when there's limited liquidity , or detach themselves temporarily from the underlying asset value. Far from risk free. 

I didn’t say it was risk free, but at least you aren’t trading blind.