Re: Transfer pension from Aviva to SIPP and investing in ITs
Posted: February 26th, 2024, 9:03 pm
Just came accross your Post. I invest for income over the past 20 odd years. The value goes up and own like a yoyo. The income rises each year. I go against the grain. I sell profit and keep loses. A loss is not a loss unless you sel it. I even buy more.
The current state of my portfilios is. 24 Fixed Income PIBS and Prefs. Investment Trusts 54. UK shares 15 US shares in Sipp 8.
It turns out I will never draw on the Sipp or even the ISA so they get reinvested each year, so the income is always growing. I no longer have any interest in the values. If they are down it is a buying opportunity.
Bob
The current state of my portfilios is. 24 Fixed Income PIBS and Prefs. Investment Trusts 54. UK shares 15 US shares in Sipp 8.
It turns out I will never draw on the Sipp or even the ISA so they get reinvested each year, so the income is always growing. I no longer have any interest in the values. If they are down it is a buying opportunity.
Bob