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Time to retreat to cash?

123457»

Comments

  • hedger
    hedger Posts: 313 Forumite
    I got my withdrawal figures this morning from SJPP.
    If I move all (my bond, ISAs, unit trusts to gilts) I'll have £171k
    If I take it all out after penalties i'll get £165k cash

    2 1/2yrs ago I put in £214k and took £16k out as income. Absolutely gutted I am and very very angry
  • black_taxi_2
    black_taxi_2 Posts: 1,816 Forumite
    Debt-free and Proud! Mortgage-free Glee!
    hedge--are the bond--gilts ok

    just
    £48515 interest £181 (2009)debt/mortgage-MFIT/T2/T3
    debt/mortgage free 28/11/14
    vanguard shares index isa £1000
    credit union £400
    emergency fund£500
    #81 save 2018£4200
  • black_taxi_2
    black_taxi_2 Posts: 1,816 Forumite
    Debt-free and Proud! Mortgage-free Glee!
    hedge---current mkts--hav hurt everyone.were you in it for 5/10 long term
    £48515 interest £181 (2009)debt/mortgage-MFIT/T2/T3
    debt/mortgage free 28/11/14
    vanguard shares index isa £1000
    credit union £400
    emergency fund£500
    #81 save 2018£4200
  • hedger
    hedger Posts: 313 Forumite
    black_taxi wrote: »
    hedge---current mkts--hav hurt everyone.were you in it for 5/10 long term

    5years was my plan - Im 2.5 years in but who seriously thinks I can claw 30% back in the next 2.5 years?
  • black_taxi_2
    black_taxi_2 Posts: 1,816 Forumite
    Debt-free and Proud! Mortgage-free Glee!
    yeah --unlucky timing--catch22

    maybe
    £48515 interest £181 (2009)debt/mortgage-MFIT/T2/T3
    debt/mortgage free 28/11/14
    vanguard shares index isa £1000
    credit union £400
    emergency fund£500
    #81 save 2018£4200
  • black_taxi_2
    black_taxi_2 Posts: 1,816 Forumite
    Debt-free and Proud! Mortgage-free Glee!
    feel for you bud
    £48515 interest £181 (2009)debt/mortgage-MFIT/T2/T3
    debt/mortgage free 28/11/14
    vanguard shares index isa £1000
    credit union £400
    emergency fund£500
    #81 save 2018£4200
  • black_taxi_2
    black_taxi_2 Posts: 1,816 Forumite
    Debt-free and Proud! Mortgage-free Glee!
    a year today--dow closed at highest ever 14000+

    dow fall over 5000
    £48515 interest £181 (2009)debt/mortgage-MFIT/T2/T3
    debt/mortgage free 28/11/14
    vanguard shares index isa £1000
    credit union £400
    emergency fund£500
    #81 save 2018£4200
  • gfplux
    gfplux Posts: 4,985 Forumite
    Part of the Furniture 1,000 Posts Photogenic Hung up my suit!
    I cam across this article on the BBC. It does not make for happy reading and indicates how long we may have to wait for a recovery.
    http://news.bbc.co.uk/2/hi/business/7656949.stm
    There will be no Brexit dividend for Britain.
  • black_taxi_2
    black_taxi_2 Posts: 1,816 Forumite
    Debt-free and Proud! Mortgage-free Glee!
    gfplux

    the world moves much faster than 1929
    the 1987 recovery eg

    but its still dire
    £48515 interest £181 (2009)debt/mortgage-MFIT/T2/T3
    debt/mortgage free 28/11/14
    vanguard shares index isa £1000
    credit union £400
    emergency fund£500
    #81 save 2018£4200
  • gfplux
    gfplux Posts: 4,985 Forumite
    Part of the Furniture 1,000 Posts Photogenic Hung up my suit!
    hello black taxi
    Well let us wait and see.
    however we may be concerned next week whether we have enough tinned goods and toilet paper.
    I am really upset that I am only 85% cash
    BUT BUT BUT the cash is in banks (6 in total)
    I wish I had had it under the mattress.
    There will be no Brexit dividend for Britain.
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