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Gold stocks interesting obs

Interestingly, I had a very small pension, just under £2000 within. I was only with the company for one year.

I ignored it, didn't think anything of it. I logged in six months later and it had doubled to £4100.

Looked closer, it had large amount of gold mining stocks which went up.

It went back down to around £3500.

Now sits at £3900. I decided to to sell into a safer pension.

Think I did the right thing.

Comments

  • p00hsticks
    p00hsticks Posts: 15,154
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Forumite

    Not sure what you mean by 'sell into a safer pension' - transfer from one pension provider to another ?

    But you may well have had the option to simply chose a different (less volatile?) investment profile within your existing pension scheme.

  • jones_guitar
    jones_guitar Posts: 201
    Part of the Furniture 100 Posts Name Dropper Combo Breaker
    Forumite

    Hi p00hsticks, I no longer use that platform.

    I just transferred to TPP.

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