dead-money
Rocket to the Moon
Posts: 746
Likes: 654
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Post by dead-money on Apr 28, 2020 13:37:59 GMT
I know !
I've over one million in the stockmarket, that was down £300K earlier this month; haven't changed a thing or spent anytime on it at all.
Have less than £100K in P2P and I'm wasting an inordinate amount of time tweaking and prodding a frozen piece of roadkill back to live...
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Post by Harland Kearney on Apr 28, 2020 13:55:01 GMT
I know !
I've over one million in the stockmarket, that was down £300K earlier this month; haven't changed a thing or spent anytime on it at all.
Have less than £100K in P2P and I'm wasting an inordinate amount of time tweaking and prodding a frozen piece of roadkill back to live...
My total numbers are diff but the total allocation is near the same for me too. My portfilio has nearly recovered all losses in S&S, and I made a 10% gain in my SIPP Fundsmith allocations. I will be reducing P2P exposure to likely 10% of what I'd normally have for cash allocation. So very likely it be 2-3% of my overall portfilio. The risk is massive, due to alot of factors, not limited to the type of savers who end up parked in these asset types. Massively increasing the risk of holding onto the asset im investing in stress. It goes against my number one investment principle, dont' buy it if you cant' hold it!
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