Hi all
My SSIA matured a while ago and I withdrew the sum while I decided what to do.
I left 1000 there and 1 payment of 100 has gone in since ie 1100e.
My balance on this is now 1089...I effectively lost 10% on this sum in a week!
I luckily had the rest of the cash on deposit over that period ( Id love to say I saw it coming ! )
I know why this happened and fully understand it. I feel that it is quite a good time to lodge my money back to this acc.
The 10% I feel is likely to recover over the next while or worst case if it drops further I lose (perhaps) what I would have lost if I never moved it.
I am happy to leave this sum tied up now for a few years so Im pretty ok with the idea of leaving it an indexed fund.
What do people reckon is it a good time to get back into an index linked fund?
My SSIA matured a while ago and I withdrew the sum while I decided what to do.
I left 1000 there and 1 payment of 100 has gone in since ie 1100e.
My balance on this is now 1089...I effectively lost 10% on this sum in a week!
I luckily had the rest of the cash on deposit over that period ( Id love to say I saw it coming ! )
I know why this happened and fully understand it. I feel that it is quite a good time to lodge my money back to this acc.
The 10% I feel is likely to recover over the next while or worst case if it drops further I lose (perhaps) what I would have lost if I never moved it.
I am happy to leave this sum tied up now for a few years so Im pretty ok with the idea of leaving it an indexed fund.
What do people reckon is it a good time to get back into an index linked fund?