SIPP Funds for 2020 What to choose?
Time to fix my neglected SIPP.
Over the last few years I have completely neglected my SIPP. Over the last three years, investments have been predominently funds with a few share buys thrown in when I have seen something I liked the look of. My only recent activity was a bulk sell of nearly all of my Funds and shares in December 2017. I was feeling nervous and had a hunch to sell. This was an excellent move that should have been followed by a re-buy in January when the FTSE had crashed 1000 points but sadly I sat on the cash and watched everything rise back to previous levels. I held some cash for a while before getting back in to everything just before everything dropped again! I think the lesson learned here was not to just jump in and out of managing a fund. Eiether buy and forget or keep on top of whats happening in the world!
This year I intend to do things differently. I want a set and forget strategy that will take me through to next year. I am looking for a handful of promising funds that will do well in 2020.
Time to do some reading! Any ideas?
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