starfished
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Post by starfished on Jul 4, 2020 10:02:45 GMT
I like threads like this as it forces you to face your own self image... I was recently partly offended when a mortgage advisor described me as "risk averse" because I wanted a capital repayment mortgage. Given I got involved in P2P 10 years ago, I don't think of myself as risk averse. However, given my age (more than 20 years from retirement realistically) I can't help but acknowledge that the equities ratio below should probably be higher...
| Exc. Pension | DC pensions | Equity | 30% | 90% | Property / Other | 5% | 5% | Bond | 10% | 5% | P2P | 10% | 0% | Cash | 45% | 0% |
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macq
Member of DD Central
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Post by macq on Jul 4, 2020 11:46:29 GMT
I like threads like this as it forces you to face your own self image... I was recently partly offended when a mortgage advisor described me as "risk averse" because I wanted a capital repayment mortgage. Given I got involved in P2P 10 years ago, I don't think of myself as risk averse. However, given my age (more than 20 years from retirement realistically) I can't help but acknowledge that the equities ratio below should probably be higher...
| Exc. Pension | DC pensions | Equity | 30% | 90% | Property / Other | 5% | 5% | Bond | 10% | 5% | P2P | 10% | 0% | Cash | 45% | 0% |
Looking at your last line - by the workings of most forums (MSE springs to mind) somebody may in fact tell you your equity should be higher.But if you was happy before you posted then don't second guess as its your portfolio not the person who would go 100% Global or EM etc Not had a mortgage for a while but maybe the advisor wanted you to take another product due to commission? i know in the old days they got a good figure for arranging the life insurance for you rather then you doing it yourself
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Post by Deleted on Jul 4, 2020 12:37:57 GMT
P2p 2.5% Cash 10% Funds 60% Shares 25% Rest .. rest
Never value my house, I have to have one so it has no value.
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hazellend
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Post by hazellend on Jul 4, 2020 15:23:57 GMT
I like threads like this as it forces you to face your own self image... I was recently partly offended when a mortgage advisor described me as "risk averse" because I wanted a capital repayment mortgage. Given I got involved in P2P 10 years ago, I don't think of myself as risk averse. However, given my age (more than 20 years from retirement realistically) I can't help but acknowledge that the equities ratio below should probably be higher...
| Exc. Pension | DC pensions | Equity | 30% | 90% | Property / Other | 5% | 5% | Bond | 10% | 5% | P2P | 10% | 0% | Cash | 45% | 0% |
At 20 years from retirement, you should also calculate your asset allocation of both your DC pension and non pension assets together.
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