Sipp tips

rmchat112 · Post by **rmchat112** » 19 Jun 2019, 23:29

Hi all after reading informative post about Sipps and woodford I thought it would be a good idea for to start a new topics for Sipp tips. If anyone has any new or good investment ideas please post here!.......

fluxburner · Post by **fluxburner** » 20 Jun 2019, 18:23

For me timescale, attitude to risk and what backups do I have if it all goes pear shaped. It's different for everyone, but here are some I have a few quid in

Fundsmith equity

Jupiter European special situations

Mid wynd investment trust

Royal London government bond

Fidelity 500 s&p tracker

Ishares asian developing markets tracker.

These aren't recommendations, just stuff I've took a punt on and done ok out of. That's not to say they won't all go down the toilet tomorrow though.Plus I'm not relying on them for retirement, they are just a roll of the dice.

Unfortunately Brexit has thrown a spanner in the works and no one knows precisely how it will affect the markets. Tread carefully especially now.

Post by **RobertT** » 20 Jun 2019, 19:00

These things are all relative to some degree because it depends on your age, attitude to risk, financial goals, etc.

Over the years I've invested in many different funds and continue to do so. My best performing funds have been:

Jupiter Ecology
JO Hambro UK Equity Income
Standard Life North American Equity
All of which have seen high double digit returns.

Plus
Artemis Global Growth
Blackrock UK Smaller Companies
Which have returns in triple figures.

I also have some bond funds and 'funds of funds' amongst others, which have also performed well giving returns in double figures.

I must add that non of the above implies any kind of advice and that past performance is no guarantee of future results.

lordthornber · Post by **lordthornber** » 22 Jun 2019, 07:39

I started trading in shares in the early 90's. All by phone and teletext back then, it was a great learning experience.

28 years on, here is what works for me now.

Never invest what you can't afford to lose, obvious classic - but true.

Elephants don't gallop, a Jim Slater, (Google him) classic phrase.

If you have the time, personal records of share or fund movements are invaluable in my opinion. Anyone can look at past performance spreadsheets but tailored ones, with notes when shares or funds spike or drop are priceless. Examples being 9/11, Trump elected, China tariffs.

I've found that focusing, micro management if you like, of 6 to 10 shares or funds is absolutely key. It takes time but the rewards are there.

Strategy, have you got one, do you need one? We're all different, this month of course has been a stellar month. Yesterday I took profits that were irresistible, but last month sold a Japanese fund that was lagging see below...

Beware of "I've made £££ from X Y & Z investments" unless they tell you about their losses..

Play the long game, but be ready to react quickly if & when necessary, good luck to all.

Post by **RobertT** » 22 Jun 2019, 09:59

Good advice!

Personally I started about 20 years ago and have seen both good and bad times over the years, as I'm sure many others have. Apart from a small number of RM shares bought via the EPO and SAYE, and a punt on a small Aim stock for a bit of fun, I prefer funds!

But to follow up my previous post, and to answer Lordthornber's perfectly valid point, I've never actually lost money when selling any of the funds I've held.
Whether that's luck or judgement I wouldn't like to say, but probably a bit of both!

Although I'm currently down about 12% on Woodford Equity Income fund as mentioned in another recent thread. Whether I take my first loss or hold in the hope it improves will be decided in time, as trading is suspended!.