Where are you investing now?
Discussion
Just setup a money box account with the idea of passing it over to my son when he’s older. Gone in on the adventurous investing side. Stocks and shares ISA. Reason being the arse is about to fallout of the market so may as well start now. 10 years from now who knows where we will be, however it may be a nice little nest egg for him to go through university if he chooses.
Property, both lettable and sellable.
A few months ago I stuck a bit over a million quid into equity funds, crypto and premium bonds. The "investment" in premium bonds is just a waste of time really, and the crypto and funds are both in the "I have been a fool" category.
So to hedge against these clown investments I've barrelled back into property stuff which is providing decent consolation whilst the other nonsense dwindles away to nothing.
Must be awful being dependent on equity/crypto "investment" in retirement. Value dropping + inflation + need to continue to draw down to pay bills. Wow!
A few months ago I stuck a bit over a million quid into equity funds, crypto and premium bonds. The "investment" in premium bonds is just a waste of time really, and the crypto and funds are both in the "I have been a fool" category.
So to hedge against these clown investments I've barrelled back into property stuff which is providing decent consolation whilst the other nonsense dwindles away to nothing.
Must be awful being dependent on equity/crypto "investment" in retirement. Value dropping + inflation + need to continue to draw down to pay bills. Wow!
Groat said:
Property, both lettable and sellable.
A few months ago I stuck a bit over a million quid into equity funds, crypto and premium bonds. The "investment" in premium bonds is just a waste of time really, and the crypto and funds are both in the "I have been a fool" category.
So to hedge against these clown investments I've barrelled back into property stuff which is providing decent consolation whilst the other nonsense dwindles away to nothing.
Must be awful being dependent on equity/crypto "investment" in retirement. Value dropping + inflation + need to continue to draw down to pay bills. Wow!
So you make a mistake then 'groat' at others ...A few months ago I stuck a bit over a million quid into equity funds, crypto and premium bonds. The "investment" in premium bonds is just a waste of time really, and the crypto and funds are both in the "I have been a fool" category.
So to hedge against these clown investments I've barrelled back into property stuff which is providing decent consolation whilst the other nonsense dwindles away to nothing.
Must be awful being dependent on equity/crypto "investment" in retirement. Value dropping + inflation + need to continue to draw down to pay bills. Wow!
Groat said:
Must be awful being dependent on equity/crypto "investment" in retirement. Value dropping + inflation + need to continue to draw down to pay bills. Wow!
Terrifying!!! , as even before I draw by Db pension and wife and I get access to our state pensions ( thick end of 10 years still ) if the market absolutely tanks lets say half off...and then half of that again .... and then stays there .... we face the prospect of what to do when the money we need monthly to live modestly but very comfortably, runs out in about 105 years. Oh the doom and the tearing out of hair wishing I had been a wise investor in more property and digital keys . I guess meantime this mere mortal will just drip feed every now an then into the falling market,,,in equity funds.
Groat said:
A few months ago I stuck a bit over a million quid into equity funds, crypto and premium bonds. The "investment" in premium bonds is just a waste of time really, and the crypto and funds are both in the "I have been a fool" category.
So to hedge against these clown investments I've barrelled back into property stuff which is providing decent consolation whilst the other nonsense dwindles away to nothing.
Must be awful being dependent on equity/crypto "investment" in retirement. Value dropping + inflation + need to continue to draw down to pay bills. Wow!
Well, you put your loot in at just the wrong time, unfortunately. For those of us who've been the game longer 2022 is just a mild dip.So to hedge against these clown investments I've barrelled back into property stuff which is providing decent consolation whilst the other nonsense dwindles away to nothing.
Must be awful being dependent on equity/crypto "investment" in retirement. Value dropping + inflation + need to continue to draw down to pay bills. Wow!
By contrast when I fancied a go in property - because it always goes up right? - I entrusted Aviva with £6K in about 1999. After all, they must know all about property... Well it staggered up to about £9K by 2020 then imploded and the bits add up to about £7K, so over 23 years it's done 0.7%pa. My fault for not shooting the donkey sooner, of course. By contrast parallel investments in technology are up in the £40K area now.
Louis Balfour said:
In light of inflation and global unrest.
I'm still making payments into Vanguard FTSE Global All Cap Index.Sure maybe I should wait until the Ukraine thing blows over and markets start trending upwards, but I'm too impatient for that.
Fire and forget, I'll worry about it in 20 years.
Simpo Two said:
Groat said:
Must be awful being dependent on equity/crypto "investment" in retirement. Value dropping + inflation + need to continue to draw down to pay bills. Wow!
Well, you put your loot in at just the wrong time, unfortunately. For those of us who've been the game longer 2022 is just a mild dip.
So what DO you do about the triple whammy? Just wait till it recovers lost value+inflation+necessary withdrawal?? That's counter intuitive for me. Hence the alternative of hedging into what's currently fruitful (at least until the silly-billies start destroying that more effectively than they've managed so far).
SkinnyPete said:
I'm still making payments into Vanguard FTSE Global All Cap Index.
Sure maybe I should wait until the Ukraine thing blows over and markets start trending upwards, but I'm too impatient for that.
Don't worry, you're just buying at a better price than you would have done last week... Sure maybe I should wait until the Ukraine thing blows over and markets start trending upwards, but I'm too impatient for that.
Groat said:
I thought it was about 'time IN' rather than 'timING'? So now all I've got to do is hang in there until it bobs back up, right?
Both are right. 'Time in the market' is easy to do, you just invest and wait. It's easier than taking non-paying tenants to court and repairing gutters 
As for 'timing the market', well, I have my doubts. The mantra says you can't time them, and yes, you don't know when a peak or trough has been reached. But I do believe that if you sell for more than you paid, you've made a profit, and that if you buy back for less than you sold, you've also made a profit, sort of. So you do have control of that. And fund managers are very good at choosing certain periods over which they can claim fantastic gains. I do it as well, it's a kind of human instinct. If you'd invested in the 'Covid dip' you'd be laughing. I did partly - now of course I wish I'd sold the farm to do so. But I don't have the courage to liquidate Simpo Bank plc and pile it all on one boat.Groat said:
So what DO you do about the triple whammy? Just wait till it recovers lost value+inflation+necessary withdrawal?? That's counter intuitive for me. Hence the alternative of hedging into what's currently fruitful (at least until the silly-billies start destroying that more effectively than they've managed so far).
Absolutely, have a mixture of investments. Equities, bonds, extortion, gold, seedy tenants, art, arms, classic cars, prostitution - one of them is sure to do well 
But seriously, you're used to a steady and predictable income. The value of investments just doesn't work like that. One year you'll be ahead, the next year not. But you don't have to work for it. 'Sellavee Rodney!'. (I just invented that, blame the cheese lol)Simpo Two said:
SkinnyPete said:
I'm still making payments into Vanguard FTSE Global All Cap Index.
Sure maybe I should wait until the Ukraine thing blows over and markets start trending upwards, but I'm too impatient for that.
Don't worry, you're just buying at a better price than you would have done last week... Sure maybe I should wait until the Ukraine thing blows over and markets start trending upwards, but I'm too impatient for that.
Ideally, you'd just wait for the lowest point in the market and then buy, but this could be in a week, or in a year, you just never know.
So people who dollar-cost average typically end up accumulating more shares than those who time the market, and so end up with a larger portfolio, despite purchasing shares at a higher unit cost.
At least that's my understanding, and why I'm doing it. Happy for someone to correct me if I'm wrong (and save me £££ in the process
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