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<blockquote data-quote="AndBreathe" data-source="post: 711322" data-attributes="member: 88961"><p>Douglas, unless you are an experienced investor, and by that I mean, making your own stock or fund choices, not investing x amount every so often, then you are potentially playing with fire. The right, for you, fund choice could result in stellar performance, the wrong, for you, funds could equally result in a total loss of your hard earned savings. If you are dealing on an execution only basis, you are completely absolving the investment managers and pension managers from any accountability. That's a big, big decision, and not one to take lightly, first time around. </p><p></p><p>The final years, when credibly, you should be considering a sliding scale of investment to cash (or cash equivalents), in readiness for disinvestment (I'm thinking you will be taking regular cash withdrawals to maximise on return and tax implications?). If you are finding this tricky, you need professional advice, you will have to pay for. If you are unable or unwilling to pay for professional advice, I wish you good luck in your Russian Roulette. </p><p></p><p>Really, this isn't a time to give it a whirl.</p><p></p><p>Just for completeness, I am not a financial advisor, or pitching for your business. My comment is purely from an experienced investor, who has worked closely with fund managers, actuaries and the like over the years, and who understands the wider regulation fairly well.</p></blockquote><p></p>
[QUOTE="AndBreathe, post: 711322, member: 88961"] Douglas, unless you are an experienced investor, and by that I mean, making your own stock or fund choices, not investing x amount every so often, then you are potentially playing with fire. The right, for you, fund choice could result in stellar performance, the wrong, for you, funds could equally result in a total loss of your hard earned savings. If you are dealing on an execution only basis, you are completely absolving the investment managers and pension managers from any accountability. That's a big, big decision, and not one to take lightly, first time around. The final years, when credibly, you should be considering a sliding scale of investment to cash (or cash equivalents), in readiness for disinvestment (I'm thinking you will be taking regular cash withdrawals to maximise on return and tax implications?). If you are finding this tricky, you need professional advice, you will have to pay for. If you are unable or unwilling to pay for professional advice, I wish you good luck in your Russian Roulette. Really, this isn't a time to give it a whirl. Just for completeness, I am not a financial advisor, or pitching for your business. My comment is purely from an experienced investor, who has worked closely with fund managers, actuaries and the like over the years, and who understands the wider regulation fairly well. [/QUOTE]
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