Options for preserving PCLS

LV_426

Albermarle said:

LV_426 said:

Thanks folks, I was a bit hazy on option 2, and whether or not it was actually possible. But I've pretty much settled on taking the lump sum (or whatever it's called) and stashing it somewhere safe. Leaving the rest invested to weather whatever stormy conditions may be inflicted on us. That won't be needed for some time anyway.

The weather in global financial markets has been very warm and Sunny for some time.
So even if it does get a bit stormy for a while, that’s part of the long term game.

Absolutely. But as I said in my first post, I need a chunk of this money in the next 1-2 years, and it's only just reached the target. I can't afford to have a large crash in the short term, possibly needing a few years to recover, so am considering ways to protect it.

ukdw

I would say that for times when money is needed within a 5 year investment horizon equity investments are probably not the right place. I would go for something with a lot lower volatility like cash. 

Also  a LISA might be worth considering if your daughters purchase meets the criteria.