u/Beautiful-Low-3568

▲ 44 r/FIREUK

Anyone else thinking it’s time to move to cash for a while if you are close to draw down

Just did my monthly review of the portfolio, I’m 100% in global equities, the highest risk mix my fund manager offers. It’s been a crazy year of growth. I feel like I need to move to cash mix for a while, surely this growth has to lead to a correction soon? I’m thinking of starting to take money out in 3 years, and my FA says stay in 100% high risk as the upside (even during drawdown) is likely to be better than bonds/cash mix, including periodic corrections. Their results do support their advice, but recent results tell me this can’t continue.

u/Beautiful-Low-3568 — 2 days ago

Pollock is such a show pony 😆

4th time this season that the opposition have tried to hurt him last night, got themselves binned for their action and saints have scored while they were off and go on to win the game. The guy doesn’t get injured and can outrun many of the backs. Still making try saving tackles in the 74th minute. He will get a bit bigger this summer and is learning when to compete, slow down or stand back from rucks.

u/Beautiful-Low-3568 — 6 days ago