RE: Strategy after 31st July18 Jul 2025 09:42
Sparky - It's an interesting question, when do you de risk?
I had been in for one LGEN as a derisk, over the years I remained cash stationary taking into account divi's, so cash negative and divi positive! I personally still want capital growth, my current key investments (RR, Bae, BaB, QQ, IAG) do both in the main. For me the decision point for de-risking is march 27 because of the inheritance tax implications on my SIPP. By that point I can hopefully afford to drive more towards divi based income / draw down. Also I'll be approaching my 69th Birthday and need to think very carefully about how to reduce inheritance tax to a minimum , with RR it's already a bit of a challenge. Good luck in your decision making, it's not easy and there are no 'right' answers that suit everyone.