SIPP investments during market upheaval

timww

This is getting away from my original topic somewhat, but to answer various questions above.. I'm 50 and retirement at 60 would be nice.

I have virtually no pension to speak of, so I'm playing catch up. I'm the sole director of my company, but the company has been doing well, and I do indeed have previous years unused allowance to invest.

So - all told - I have about 150k investable cash right now and should be able to produce the full 60k per year for some years to come.

I don't know how I simultaneously gave the impression that 60% equities was too much, and that I also have a 10/10 appetite for risk. Maybe I'm articulating myself badly.

Whether I go for a cautious or adventurous split on my equities, I figure I can adjust that by investing next year's funds however I want to shift the weight. I need to find my feet first.

As per my original query about market entry timing. Most opinions seem to be to just get on with it. So that's what I'll be doing. Thanks for all of your comments.

dunstonh

This is getting away from my original topic somewhat, but to answer various questions above.. I'm 50 and retirement at 60 would be nice.

So, for money you intend to draw at 60, you would start derisking already on that amount. However, not all your money is going to be drawn at 60 and will be in longer. So, you would likely start your buckets (short/medium and long term) in the 7-10 years before.

I don't know how I simultaneously gave the impression that 60% equities was too much, and that I also have a 10/10 appetite for risk. Maybe I'm articulating myself badly.

In your earliest post, you said "a tracker fund". As trackers follow a single benchmark, that means you go 100% into that area. Its unlikely you are talking about a gilts tracker or similar. Hence the assumption that the invested bit is 100% equities.

You later said "The fund I'm looking at will probably be something like 60% of my available cash". i.e. 60% in the tracker with 40% still being retained as cash.

Georgemc

https://forums.moneysavingexpert.com/discussion/comment/81961417#Comment_81961417

For what it's worth, my portfolio fell by a small amount the first trading day after the Iran war started, and, like most equities did, trended downwards for week upon week. Today, it's pretty much back where it was at the start. Investments falling sometimes is the price of entry.