Comments on: My Investments Update – March 2022 https://www.poundsandsense.com/my-investments-update-march-2022/?utm_source=rss&utm_medium=rss&utm_campaign=my-investments-update-march-2022 A UK blog covering personal finance and much more from an over-60 perspective Mon, 07 Mar 2022 12:54:38 +0000 hourly 1 https://wordpress.org/?v=6.9.1 By: Nick https://www.poundsandsense.com/my-investments-update-march-2022/#comment-13539 Mon, 07 Mar 2022 12:54:38 +0000 https://www.poundsandsense.com/?p=8972#comment-13539 In reply to Kevin Halden.

Thanks, Kevin. Good question! If you are thinking of withdrawing in the near future, there is of course *always* a case for reducing your risk level. But that applies with even more force at the moment due to (as you say) the current extraordinary circumstances. What you want to avoid if at all possible is seeing your portfolio value drop dramatically at just the time you intend to withdraw. Changing to a lower risk level should reduce the likelihood of this happening, though obviously if there is an upswing you will get less benefit from this as well.

]]> By: Kevin Halden https://www.poundsandsense.com/my-investments-update-march-2022/#comment-13537 Mon, 07 Mar 2022 12:35:51 +0000 https://www.poundsandsense.com/?p=8972#comment-13537 Nick,
A very interesting and informative article as ever. I have a query though – you say ‘If you also have a Nutmeg portfolio and plan to withdraw from it in the next few months, there is certainly a good case for switching to a lower risk level right now’.
Is that advice based on the current extraordinary economic circumstances – or your general advice when considering withdrawing funds from Nutmeg? As i would assume ordinarily if high risk funds are performing well they would retain their value at the point of withdrawal?

]]> By: Nick https://www.poundsandsense.com/my-investments-update-march-2022/#comment-13476 Sat, 05 Mar 2022 11:10:49 +0000 https://www.poundsandsense.com/?p=8972#comment-13476 In reply to Rhian Westbury.

Thanks, Rhian 🙂

]]> By: Rhian Westbury https://www.poundsandsense.com/my-investments-update-march-2022/#comment-13475 Sat, 05 Mar 2022 11:09:13 +0000 https://www.poundsandsense.com/?p=8972#comment-13475 I am so impressed with the number of investments you have, I hope to build mine up in the next few years. In a way it’s good that you know why the Nutmeg investments have changed, even if it’s not a positive thing x

]]> By: Nick https://www.poundsandsense.com/my-investments-update-march-2022/#comment-13428 Thu, 03 Mar 2022 12:10:37 +0000 https://www.poundsandsense.com/?p=8972#comment-13428 In reply to Erica Hughes.

Thanks, Erica. Yes, there may well be. Investors need to proceed carefully at this time. It is particularly worrying for retired people who depend on income from their investments to supplement the state pension.

]]> By: Erica Hughes https://www.poundsandsense.com/my-investments-update-march-2022/#comment-13426 Thu, 03 Mar 2022 11:27:06 +0000 https://www.poundsandsense.com/?p=8972#comment-13426 Interesting to read about how real world events can have an effect on so many aspects of life including investments. I guess there may be more fall out to come.

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