Investments if inflation keeps rising6 Mar 2021 11:35
I have only been investing for 12 months. I figure it’s been fairly easy to make money during this period so I am conscious that my gains are not reflective of my ability! I am getting jittery with inflation rising and would appreciate some advice. I am trying to work out what I should be invested in during this period. I keep reading conflicting advice. Currently I am in BP,Lloyds,Bushveld,Canadian overseas petroleum, Norwegian cruise, premier African minerals, boohoo, bumble, synairgen,genedrive,cobra,maravai,McKesson,rolls,serco,pineapple, ip group and most recently Scottish mortgage. I am considering selling Scottish as I clearly didn’t buy at the bottom. In your opinions what type of share should I stay in with inflation rising? Or should I be selling and sitting on cash? I am over 25 per cent profit in oil, ip and bank. Any advice would be really appreciated before I overreact and sell haphazardly!