RE: Getting bored31 May 2022 00:44
Cayman, life's a gamble.
I'm a complete novice, relatively. The dormant pension pot I moved into a SIPP this year, solely to take advantage of GGP by putting about 50% into it, has dropped yes.
Am I bothered, or bored, no.
I am keeping an eye on the fund it was in before transfer, the fund carefully managed by experts taking their cut, it's down about the same amount.
The difference is, in a year or two, worst case I'll still be on a par, having learned something, or have significantly out performed leaving it where it was.
Even if the most conservative price targets are met I'll be 25% up as a whole, much better than the 5% or so it was averaging each year before.