Nutmeg ISA - what to do ?

[Inspectorclueso]

I put £20k into a balanced med risk stocks and shares ISA with Nutmeg in summer 2021. Briefly rose to c.£22k, it's since dropped to c £17k, now back to just under £18k.

I know the 'what should I do question' is virtually impossible to answer and the standard advice will be this is for the long term, just sit and hold it etc....but I just wonder if I'm not suited to letting someone else manage my money (barring my DC pensions - I just leave those alone as I also have DB as main pension).

Over the same period, dabbling on IG has netted me c.25% return, I may have just been lucky on a couple of shares, but what are others doing here ? I sense that I just find the prospect of small increases on a relatively small sum very dull.

I just feel that sitting this out may take a few years Vs pulling the money out and taking a few educated punts....and at least I only have myself to blame if it goes awry. £20k isn't nothing to me, but also isn't a sleep loser in the scheme of things...

Any views...?

[CrgT16]

Depends if you need the money.

If you sell you crystallise the loss. If you don’t need the money you can hang on a bit and it should recover a bit. The markets are down in general at the moment with Ukraine, energy crisis, etc.

If the market was stronger than accepting the loss and investing in greener pastures would be a less risky move. I am a very simple amateur investor though. Seek a professional opinion like someone from IM maybe be able to help you more.