My Pension

Author
Discussion

Narcisus

Original Poster:

8,546 posts

295 months

Saturday 5th April
quotequote all
Down 8k in a little over a week frown

I retired in Feb but could probably hang on for 18 months before drawing still a little disheartening to see all those recent contributions vanish into thin air.

Fingers crossed things turn round.....

The positive note ...

Retirement is AWSOME !! biggrin

Macneil

988 posts

95 months

Saturday 5th April
quotequote all
That doesn't sound too bad at the moment!


fourstardan

5,537 posts

159 months

Saturday 5th April
quotequote all
Trump will be dead by the time I retire with my pot.

I'm in a majority US equities fund, but look at the UK equities don't seem any healthier anyway.

BAMoFo

927 posts

271 months

Saturday 5th April
quotequote all
I'm £50k down despite only having had a private pension for 5 years. it would have done better if it had been in a Money Market Fund for the entire duration. I've got a history of losing lots of money in anything remotely investment related though including property.

TwigtheWonderkid

46,179 posts

165 months

Saturday 5th April
quotequote all
Macneil said:
That doesn't sound too bad at the moment!
Depends on his pot. On a mllion quid, sounds great. On £16K, it's a disastrous drop.

cliffords

2,541 posts

38 months

Saturday 5th April
quotequote all
I have a lot of US content in my SIP ,it's down way way more than that .
I should not have even looked. It's daft to look, wait a few months then look again. I did get an email from the FA I use saying don't panic.
So I panicked and looked .

Narcisus

Original Poster:

8,546 posts

295 months

Saturday 5th April
quotequote all
BAMoFo said:
I'm £50k down despite only having had a private pension for 5 years. it would have done better if it had been in a Money Market Fund for the entire duration. I've got a history of losing lots of money in anything remotely investment related though including property.
Wow ! Only 100k in my pension still stings though.

bennno

13,810 posts

284 months

Saturday 5th April
quotequote all
100k down over last 2 weeks…..

Simpo Two

88,960 posts

280 months

Saturday 5th April
quotequote all
£ down doesn't mean anything without a total, you need percentages.

cliffords

2,541 posts

38 months

Saturday 5th April
quotequote all
Mine is down 8% when I mistakenly looked on Friday at about 3pm.

Youforreal.

966 posts

19 months

Saturday 5th April
quotequote all
lol, some pension flex rofl

I’m
Down
A
Mill.

55palfers

6,102 posts

179 months

Saturday 5th April
quotequote all
Two pots DOWN almost 10%

Cheers Donny.

Pedro25

364 posts

45 months

Saturday 5th April
quotequote all
Trump has set fire to the world, probably not going to mean an awful lot to the generation able to access private pensions. Our children and grandchildren will be the ones to really feel the impact. However Trump his family will be ok and fine. What an absolute sh*tshow it’s been since he took over. Russia and Nth Korea not on the tariff sanctions list anyone surprised??

UpTheIron

4,043 posts

283 months

Saturday 5th April
quotequote all
Simpo Two said:
£ down doesn't mean anything without a total, you need percentages.
Somewhere around 13%. As a number it's around 1.5-2 years income. Roughly 60% pension/40% ISA/GIA. 7.5 years until I can access the pension so not too worried about that, just annoyed I didn't consult my crystal ball.

More annoyed about ISA/GIA as thinking of stopping work within the next few months/year or maybe two.

mikeiow

7,110 posts

145 months

Sunday 6th April
quotequote all
Worth listening to this from James Shack

Bottom line is that the tangerine turd is a an agent of chaos, & it is all about him.
Short term - markets will be volatile….you might be 10-40% down over coming weeks eek

Long term - he loves his popularity, so the tariff bullst will unwind itself when he realises how everyone is hating him.
Of course he and his techbro buddy, Herr Müskler, will have made stloads from that market manipulation, which is fking irritating..but in 2 years, perhaps much, much sooner, things will return to an even keel.

IMHO, of course!


OIC

111 posts

8 months

Sunday 6th April
quotequote all
mikeiow said:
Worth listening to this from James Shack

Bottom line is that the tangerine turd is a an agent of chaos, & it is all about him.
Short term - markets will be volatile….you might be 10-40% down over coming weeks eek

Long term - he loves his popularity, so the tariff bullst will unwind itself when he realises how everyone is hating him.
Of course he and his techbro buddy, Herr Müskler, will have made stloads from that market manipulation, which is fking irritating..but in 2 years, perhaps much, much sooner, things will return to an even keel.

IMHO, of course!
Your bedwetting is getting tedious.

Trump wants trade deals.

Tarrifs are a tool he's using to shake the tree.

They will be removed, probably during, and certainly post trade agreement negotiations, but re-instated if the negotiations are not successful.

He has no intention of disrupting the markets any longer than he has to.

Those who are near to having to take their DC pensions may be unlucky in their timing, but that's life.

Some you win and some you lose.



Zigster

1,900 posts

159 months

Sunday 6th April
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I’m not sure claiming to know the mind of Trump is something to boast about.

Trump may think he has a plan. The reality is that no one trusts him (or Americans generally) to keep their word on anything now. If that was his plan, it’s backfiring disastrously.

TownIdiot

3,527 posts

14 months

Sunday 6th April
quotequote all
OIC said:
Your bedwetting is getting tedious.

Trump wants trade deals.

Tarrifs are a tool he's using to shake the tree.

They will be removed, probably during, and certainly post trade agreement negotiations, but re-instated if the negotiations are not successful.

He has no intention of disrupting the markets any longer than he has to.

Those who are near to having to take their DC pensions may be unlucky in their timing, but that's life.

Some you win and some you lose.
How could his post in anyway be seen as "bed wetting"

And if it's a tool to shake the tree why is Trump lying about it? How do you enter into a serious negotiation she the other party is gaslighting the entire world about your relationship with them?


craig1912

3,979 posts

127 months

Sunday 6th April
quotequote all
I don’t know what I’m down. I don’t look as there isn’t any point.

I’m retired and assuming you have a decent retirement strategy, short term decreases like this shouldn’t worry anyone.

I might start to worry if it lasts 5 to 7 years though!!

Monkeylegend

27,704 posts

246 months

Sunday 6th April
quotequote all
Same for me I only look once a year ready for my annual review.

No point worrying about it, they will bounce back as quickly as they have dropped.