Sitting on cash so where to put it?
Discussion
Title says it all really. I bailed most (about 85%) of my portfolio into cash around December time.
I need to get it working again and wondered what people's general thoughts were about where to put it.
Not looking fir advice or anything like that just generic thoughts about where people are either feeling confident about or have moved their own money into it.
I'm thinking about a drip feed into a 70/30 global type fund maybe 10% every two weeks or so.
Personally I think the markets (especially uk) are a tad high given the world's uncertainties at the minute but you can't sit in cash for ever with our rubbish interest rates!
Any favoured funds or markets being fancied at present?
I need to get it working again and wondered what people's general thoughts were about where to put it.
Not looking fir advice or anything like that just generic thoughts about where people are either feeling confident about or have moved their own money into it.
I'm thinking about a drip feed into a 70/30 global type fund maybe 10% every two weeks or so.
Personally I think the markets (especially uk) are a tad high given the world's uncertainties at the minute but you can't sit in cash for ever with our rubbish interest rates!
Any favoured funds or markets being fancied at present?
Longy00000 said:
Title says it all really. I bailed most (about 85%) of my portfolio into cash around December time.
I need to get it working again and wondered what people's general thoughts were about where to put it.
Not looking fir advice or anything like that just generic thoughts about where people are either feeling confident about or have moved their own money into it.
I'm thinking about a drip feed into a 70/30 global type fund maybe 10% every two weeks or so.
Personally I think the markets (especially uk) are a tad high given the world's uncertainties at the minute but you can't sit in cash for ever with our rubbish interest rates!
Any favoured funds or markets being fancied at present?
In my opinion there is more uncertainty now than there was in December (an uncertainty that i dont feel has been priced in), so why were you unhappy to be in the market then, and not now?I need to get it working again and wondered what people's general thoughts were about where to put it.
Not looking fir advice or anything like that just generic thoughts about where people are either feeling confident about or have moved their own money into it.
I'm thinking about a drip feed into a 70/30 global type fund maybe 10% every two weeks or so.
Personally I think the markets (especially uk) are a tad high given the world's uncertainties at the minute but you can't sit in cash for ever with our rubbish interest rates!
Any favoured funds or markets being fancied at present?
Benbay001 said:
In my opinion there is more uncertainty now than there was in December (an uncertainty that i dont feel has been priced in), so why were you unhappy to be in the market then, and not now?
The whole Russian issue was my main driver back then plus I wanted move platforms etc so it was a good time to liquidate however the market doesn't really seem too affected by the Russian issue and since then some narkets have been pushing ahead regardless.Fomo is rearing its head and you have to be invested to make money and waiting for the 'right time' never works hence why I would drip feed my cash back into the markets.
The question is which markets or funds?
Louis Balfour said:
Panamax said:
The big question is where's the "bottom" for the bond market? That's the call I'd be trying to make with cash sitting around..
The only thing you will get picking the bottom is smelly fingers.Are bonds more than 10% cheaper than they were at the start of the year? Yes
Has cash outperformed bonds in the first three months of the year? Yes
Are bond prices still falling? Yes
Is it good if you can buy right at the bottom? Yes
Is it more likely you will buy after the bottom? Yes
After the bottom, will bonds still be massively cheaper than they were at the start of the year? Yes
Panamax said:
Louis Balfour said:
Panamax said:
The big question is where's the "bottom" for the bond market? That's the call I'd be trying to make with cash sitting around..
The only thing you will get picking the bottom is smelly fingers.Are bonds more than 10% cheaper than they were at the start of the year? Yes
Has cash outperformed bonds in the first three months of the year? Yes
Are bond prices still falling? Yes
Is it good if you can buy right at the bottom? Yes
Is it more likely you will buy after the bottom? Yes
After the bottom, will bonds still be massively cheaper than they were at the start of the year? Yes
But do carry on.
Longy00000 said:
I'm looking long term here and bond's don't really do it for me as the primary investment holding. Happy to hold some as part of a balanced fund or portfolio but I would always favour a majority holding in equities its just where and with whom that I need to decide
Where were you when I was buying during the pandemic crash in Spring 2020 ?
It was very clear then, that there were some businesses which should be able to weather the pandemic, but stood out with very good value.
BAT was one example. Could buy for 2,600p then, with huge yield and single figure P/E.
Has now risen 26%, but still has an attractive dividend yield of 6.6%. The trailing PE is 10.
I have always preferred equities to bonds, but refuse to guess where the market will be either next week, or in 6 months time.
In March 2030 I was more concerned about getting home from Latvia with flights being cancelled left right and centre as the price of oil surged and the world went into melt down.
By the time I got back my portfolio was nursing a near £100k hit but amazingly it recovered very quickly being back to its normal value within about 9 months. I was both happy and very relieved at its recovery, I was thinking it was going to be a 2 to 3 year slow climb back but 9 months and it was sorted.
Anyway what to do now?
Has anyone ever used the ready made portfolio's AJ Bell promote on their platform? Might be an easier (less time and effort required from me!) Option. Just a thought.
By the time I got back my portfolio was nursing a near £100k hit but amazingly it recovered very quickly being back to its normal value within about 9 months. I was both happy and very relieved at its recovery, I was thinking it was going to be a 2 to 3 year slow climb back but 9 months and it was sorted.
Anyway what to do now?
Has anyone ever used the ready made portfolio's AJ Bell promote on their platform? Might be an easier (less time and effort required from me!) Option. Just a thought.
I have lumps with Vanguard, Fundsmith, various Baillie Gifford, Smithson and Blue Whale, all of which are well off their 2021 highs so I have bought more.
The Vanguard funds, trackers and ETF's, have to date made better recoveries and I've also added to these.
I have accounts with AJ Bell but don't invest in their portfolios, I'm no expert but think you could do a lot worse than a selection of Vanguard funds - Global All Cap, US Equity Index etc.
By the way I enjoyed your Vanquish S thread.
The Vanguard funds, trackers and ETF's, have to date made better recoveries and I've also added to these.
I have accounts with AJ Bell but don't invest in their portfolios, I'm no expert but think you could do a lot worse than a selection of Vanguard funds - Global All Cap, US Equity Index etc.
By the way I enjoyed your Vanquish S thread.
Mr Whippy said:
Except more uncertainty, or arguably, more certainty it’s all going to crap this year.
I'm inclined to agree. The combination of soaraway inflation (which only 12 months ago central banks were denying would happen) combined with Putin's next, bigger and uglier onslaught on Ukraine makes things look decidedly precarious at present. Proceed with caution. Similar situation. I took my Saye out as it had matured and didn't want it sitting in shares as I'd be crazy overweight in my own work shares and had 2 future years of it to come. Now not sure what to do with the cash as nothing seems cheap and or just out of cycle. Big tech is almost the most out of favour just now but thats still at a relative high post covid drop.
Banks look risky ad you don't k ow who is exposed to Russia.
Value is already up
Pharma missed boat they are all up
Renewable risky as they all need cash and don't make money so interest rates hurt them.
So nothing to buy but your cash loses value...
Banks look risky ad you don't k ow who is exposed to Russia.
Value is already up
Pharma missed boat they are all up
Renewable risky as they all need cash and don't make money so interest rates hurt them.
So nothing to buy but your cash loses value...
Louis Balfour said:
I stole that kindergarten response from one of the most senior people at a large City financial institution. He is vastly cleverer (and richer) than me and probably you.
But do carry on.
My old boss, head of fx and fixed income trading, used to say "bottom pickers have smelly fingers". He also memorably once said "if any of you are short Treasuries today, I'm going to stick a red hot rod up your arse." Happy days But do carry on.
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