bloodyhell
Registered User
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- 22
Any old timers around that have been through recessions and experience with pensions ?
I have a pension with the company i work with for the last ten years. It has been in a safe non-risk option fund all this time so has not been affected by the current recession but not growing much either.
I now want the pension to start earning something (hopefully) so prepared to move some into a higher risk fund option maybe within the next 6-8 months
Anyone have advice on investing some of their pension into a high risk fund towards the end of a recession ?
As i am not knowledgeable on pensions, can someone advise if the timing of moving some of the fund to a high risk option is similar to stocks. (e.g. for argument sakes, if all the markets dropped tomorrow to all time lows and then i switched part of my fund to the higher risk fund option, would any future pension gains be calculated from the all time lows for the entirety of the pension)
I have a pension with the company i work with for the last ten years. It has been in a safe non-risk option fund all this time so has not been affected by the current recession but not growing much either.
I now want the pension to start earning something (hopefully) so prepared to move some into a higher risk fund option maybe within the next 6-8 months
Anyone have advice on investing some of their pension into a high risk fund towards the end of a recession ?
As i am not knowledgeable on pensions, can someone advise if the timing of moving some of the fund to a high risk option is similar to stocks. (e.g. for argument sakes, if all the markets dropped tomorrow to all time lows and then i switched part of my fund to the higher risk fund option, would any future pension gains be calculated from the all time lows for the entirety of the pension)