Took the plunge 6 months ago and decided to transfer all my small pensions into one pot (i.e. H&L SIPP). I did some research and picked 10 funds. To be honest, H&L make it a bit easier because they've got a recommended fund list to pick from anyway.
Started out OK, it was 2% up within a month, but now its 2% down overall. One of my funds is 10% down.
What do most people do in this scenario?
1. Sit it out because its long term and will go back up eventually.
2. Mess with it and bail out of funds that are losing etc.
Started out OK, it was 2% up within a month, but now its 2% down overall. One of my funds is 10% down.
What do most people do in this scenario?
1. Sit it out because its long term and will go back up eventually.
2. Mess with it and bail out of funds that are losing etc.
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