With 9 years to go before 65, would it now be the right time to dabble and
move some funds, those with no penalty, into a more risky but higher return
market ie Blackrock Gold or AEGON Ethical Equity B.

Tom E wrote:
With 9 years to go before 65, would it now be the right time to
dabble and move some funds, those with no penalty, into a more risky
but higher return market ie Blackrock Gold or AEGON Ethical Equity B.

Might be, might not. Depends on whether they go up.

As ever.

"Tom E" wrote in message
...
With 9 years to go before 65, would it now be the right time to dabble and
move some funds, those with no penalty, into a more risky but higher
return market ie Blackrock Gold or AEGON Ethical Equity B.


I'm not sure how you expect to get a reasonable answer to this one. What is
your attitude to risk? Can you accept it, knowing that whatever the risk
values may well go down. Have you looked at the performance of funds over a
9 year time scale? I have to say, however, that things do seem to be looking
up at the moment, so maybe it's a good time.

Rob Graham

On 12 June, 18:53, "Tom E" wrote:
With 9 years to go before 65, would it now be the right time to dabble and
move some funds, those with no penalty, into a more risky but higher return
market ie Blackrock Gold or AEGON Ethical Equity B.

I gather the norm is to do the opposite! Most pensions get moved into
a low risk areas when you become 60. That's what automatically
happened with all of mine.
The argument is that you don't want it to suddenly fall a long way
just before you reach 65. Your pension pot has done its earning
already, now lets make it safe.

BobC

"BobC" wrote in message
...
On 12 June, 18:53, "Tom E" wrote:
With 9 years to go before 65, would it now be the right time to dabble
and
move some funds, those with no penalty, into a more risky but higher
return
market ie Blackrock Gold or AEGON Ethical Equity B.

I gather the norm is to do the opposite! Most pensions get moved into
a low risk areas when you become 60. That's what automatically
happened with all of mine.
The argument is that you don't want it to suddenly fall a long way
just before you reach 65. Your pension pot has done its earning
already, now lets make it safe.

BobC

My view entirely.... once most of the money is done its earning thats the
time to make it safe not take risks with it.
Risk taking at the early stages of investment would have been a good idea
but your too far towards the end now.

A different type of pension fund admittedly but the old british steel final
salary scheme spilts its £9.7bn investment into 2 halves.... one half in
steady eddy bonds (but due to some wise decision taken in the 2007/2008
turmoil ended up with really decent rates (ie treasury bonds at 8%/annum),
and the second half (called the discretionary fund) to be invested in
riskier investments where in the longer term it was seen that was where the
growth was.

"BobC" wrote in message
...
On 12 June, 18:53, "Tom E" wrote:
With 9 years to go before 65, would it now be the right time to dabble
and
move some funds, those with no penalty, into a more risky but higher
return
market ie Blackrock Gold or AEGON Ethical Equity B.

I gather the norm is to do the opposite! Most pensions get moved into
a low risk areas when you become 60. That's what automatically
happened with all of mine.
The argument is that you don't want it to suddenly fall a long way
just before you reach 65. Your pension pot has done its earning
already, now lets make it safe.

BobC


I am 4 years off 60 so is it worth the gamble with approx 1/3 of my funds
(£90K)...

"Tom E" wrote in message
...

"BobC" wrote in message
...
On 12 June, 18:53, "Tom E" wrote:
With 9 years to go before 65, would it now be the right time to dabble
and
move some funds, those with no penalty, into a more risky but higher
return
market ie Blackrock Gold or AEGON Ethical Equity B.

I gather the norm is to do the opposite! Most pensions get moved into
a low risk areas when you become 60. That's what automatically
happened with all of mine.
The argument is that you don't want it to suddenly fall a long way
just before you reach 65. Your pension pot has done its earning
already, now lets make it safe.

BobC


I am 4 years off 60 so is it worth the gamble with approx 1/3 of my funds
(£90K)...

Depends. If that's your only pension (other than state pension), and you're not
entitled to a full state pension, and you're renting of will still have a
mortgage, then you could end up more in benefits (pension credit, housing
benefit etc) if your pension is lower, so it could be almost a no-lose gamble!

Have a look at http://www.thepensionservice.gov.uk/

--
Andy