What's the next best thing to hold instead of cash?


J

Jezzer 2014

Hi

I'm approaching retirement and have been heavily invested in equities untilnow, which has worked pretty well thanks to QE etc.

However yesterday I liquidated about 20% of my portfolio, to begin to take some risk off the table, so I'm now about 25% in cash, 15% in commercial property, 5% in gold and the remainder in a reasonably diverse basket of equity funds, investment trusts and ETFs.

I can't face being heavily in cash, with close-to-zero interest rates. Can anyone suggest a solid asset that I can put into a Hargreaves Lansdown ISA and SIPP which would give, say, a reliable 3% return with little chance of capital loss? I'm loath to use a bond fund at the moment as all the talk isof a bond bubble bursting when interest rates (eventually) rise.

Thoughts welcome!
 
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R

Roger Mills

Hi

I'm approaching retirement and have been heavily invested in equities until now, which has worked pretty well thanks to QE etc.

However yesterday I liquidated about 20% of my portfolio, to begin to take some risk off the table, so I'm now about 25% in cash, 15% in commercial property, 5% in gold and the remainder in a reasonably diverse basket of equity funds, investment trusts and ETFs.

I can't face being heavily in cash, with close-to-zero interest rates. Can anyone suggest a solid asset that I can put into a Hargreaves Lansdown ISA and SIPP which would give, say, a reliable 3% return with little chance of capital loss? I'm loath to use a bond fund at the moment as all the talk is of a bond bubble bursting when interest rates (eventually) rise.

Thoughts welcome!

Bars of gold?
--
Cheers,
Roger
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