I’ve no idea, and that bugs me a bit.
I’m a professional financial planner and mainly deal with retirement income and investment strategies for wealthy clients.
Firstly the headlines will always scream for something catastrophic to send fear into the world.
A market correction, crash or downturn is normal sharemarket behaviour. I would not be surprised if we see one soon. But I don’t care it’s opportunity.
I would not be taking a guess on a market movement either way and shuffling a portfolio based on some geopolitical or perceived economic crisis or the long overdue market meltdown. After all Wall St is up over 10% this month when the crisis is in full swing.
With record highs thanks mainly to tech stocks (banks and mining here in Oz) it is bound to fall eventually but many were saying that a year ago.
Best to be boring, long term and diversified, rather than a stock picker in my opinion.
I structure portfolios so my retirees have 2-3 years of income need in a low risk income focused portfolio which covers regular payments. The rest diversified for growth.
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US intervention to prop up the yen has now been pushed aside by the market. Apparently Bessent was asking EU today to buy yen bonds, but when the US bought yen they sold Euros to do it, and did not have the courtesy to provide European counterparts with a heads-up. BoJ is probably going to start selling US Treasury to buy yen today.
This feels like it could be one of those events that begin sequences, like when trading desks received ‘no counterparty’ notices for Lehman, and two days later Lehman was gone - and in short order most of the Western world was in a financial meltdown
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question(s)…
i have some money in a ISA and some more in high interest account that gives me a small payout each month,
but i’ve seem some sock and share ISA’s and share dealing offers on my banks website.
is it worth putting my money into these instead of a ISA?
they are offering better gains, than a standard ISA,
but I’m worried about share prices crashing soon,
any advice would be great
thanks.
Personally i’m a big fan but it very much depends on your own personal circs and risk tolerance. Also, whether you plan on holding cash within it as from next financial year interest earned on cash within a stocks and share isa will be taxed.
If you aim to use your funds for something in next year or two then again probably not suitable as short term market volatility could make it difficult to regain losses in time.
If you’ve got 5+ years investing window then putting money to work then it could be a good option. Have a look into ISA’s with low fees/ dealing costs and low cost (low expense ) index tracking funds/ ETFs with a view to picking just one or two and drip feeding into them ( for example a uk one and a global or US focused one).
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thanks for this.
the cash would stay in for 5 years and be at medium risk (i forget the term used). also its all done via the bank of Scotland, and i pay £3 a month plus a % fee but that like 0.1%,
forgot i would tax on gains nect year, good call to mind me.
thanks again
When you say medium risk what sort of % return are you looking at?
on another note…
i received some shares from my work place several years,
only 300 in total, over several years at various prices.
sold the lot at $58 in 2019 when i was made redundant,
got a good whack so was chuffed.
the fucking shares now sell at around $1000.
bastard,…
Looks like a no-brainer looking at those figures, I’d never have the bollocks though. 
To good to be true though…
Surely those returns aren´t guaranteed though so why that deal specifically?
What exposure does it have?
Cant answer your question, thats why im here asking for advise!
The BOS does state that you can lose on ir though as share values can drop.
Ha, but how are we supposed to answer if we don´t know what the exposure is in each pot?
Is it UK stocks? US? Somalian? Tech stocks? Mining corps? VHS companies?
It´s just generic promised numbers without knowing what it in invests in and how. Unless I missed something?
Also, that 0.1% fee is annual not monthly, right? Otherwise it would be more than a 1% fee a year.
Have to be careful with how funds are advertised. Its not unusual for companies to close or fold funds that underperform to hide performance. These look like they may only have a 5 year history?
As presented these returns figures look good at first glance but i think they have underperformed the ftse all share index for example (about 73% over 5 years according to a quick look on google and 89% for S&P 500)?
Although that difference may not be as much after all fees are accounted for and trackers usually dont match the performance of the index 100%, so that may narrow comparisons further.
@Liverdinner raises a valid point about understanding what exactly the fund holds.
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