What’s a SIPP? (Self-Invested Personal Pension) Which investments do I hold?

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  • Опубликовано: 14 дек 2024

Комментарии • 24

  • @creatingbalancefinance
    @creatingbalancefinance  5 месяцев назад +5

    Here’s a video on SIPPs for anyone who wants a change from my regular ETF videos 😊 as mentioned I’ll be making some changes to this portfolio and will put out an updated video in the next month/six weeks! Please always do your own research and choose investments you feel confident/ comfortable with.
    Wishing you all the very best! 😊

  • @busyinvestor3959
    @busyinvestor3959 5 месяцев назад +2

    It's great to see a SIPP video frmo you. Thank you for adding this.

  • @pico14567
    @pico14567 5 месяцев назад +1

    Thanks for the informative video. Another video that'd be highly appreciated specifically here in the UK, as there aren't a lot about it out there, would be how to claim higher tax rate return on SIPP via self assessment

  • @tztrp1406
    @tztrp1406 5 месяцев назад +2

    Great video. Important and relevant!

    • @creatingbalancefinance
      @creatingbalancefinance  5 месяцев назад +1

      Thank you so much! I appreciate you taking the time to watch and comment too 😊👍 wishing you all the best with your investments 👍

  • @markdennis1773
    @markdennis1773 5 месяцев назад

    Great returns! Terrific overview.

  • @neil7365
    @neil7365 2 месяца назад +1

    Hi Rachel, another great video, sooo information 👍 Have you posted your latest rebalanced update? I hope I haven’t missed it 🤔

    • @creatingbalancefinance
      @creatingbalancefinance  2 месяца назад +1

      Thank you so much! I really appreciate it! Not yet. Hopefully soon!

  • @OneAndOnlyMe
    @OneAndOnlyMe 5 месяцев назад +1

    Thanks for sharing. I'm holding IITU and VHYL.

    • @coderider3022
      @coderider3022 5 месяцев назад

      What’s the reason for VHYL ? Are you in retirement and intentionally looking for value dividend stocks ?

    • @creatingbalancefinance
      @creatingbalancefinance  5 месяцев назад

      Thank you so much for sharing. 😊 wishing you all the best with your SIPP 👍

  • @MrSarkiemarkie
    @MrSarkiemarkie 4 месяца назад +1

    Very simple SIPP investment for me. 100% Vanguard FTSE Global All Cap. Pretty good growth since last October. But will monitor with interest market movements 😌

  • @Iamnimishkulkarni
    @Iamnimishkulkarni 4 месяца назад +1

    Hi Rachel, great video very informative as always. Quick question, may sound silly question bu how easy is it to manage HMRC stuff? Things like tax relief etc. Thanks.

    • @creatingbalancefinance
      @creatingbalancefinance  3 месяца назад +2

      Thank you so much. Great question. I personally find it very simple- much of it is automated by my SIPP provider. I can put together a video with more detail if it would be helpful. Wishing you all the very best with your investments 😊

    • @Iamnimishkulkarni
      @Iamnimishkulkarni 3 месяца назад

      @@creatingbalancefinance Thanks Rachel, video would be great ! Much appreciated.

  • @steve6375
    @steve6375 5 месяцев назад +2

    I am not sure I see the logic of holding a low %age of bonds. I can see that for protection from a stock market crash, holding say 40% in bonds would protect you, but holding 20% or less in bonds is not going to do much - 20% in bonds would only be worthwhile if equities lost 80% of their value which is very unlikely. i.e. you might as well just be 100% global equities. Also holding a low gain bond for 10 years (say @ 4% gain) vs a global ETF (say at 8% gain which is modest) means the stock market would have to drop 50% (and you sit back and watch it drop without selling) to make the choice of investing in bonds a wise one. AFAICS holding a large %age of bonds is only useful if you are drawing on that portfolio in retirement and if so maybe you should think about other income schemes like a guaranteed annuity? In what situation is holding less than 20% (say) in bonds in a SIPP portfolio useful?

  • @lessharkboy
    @lessharkboy 3 месяца назад

    Is a SIPP a good option for drawdown? I'm 57 and have a couple of personal pensions and I dont know whether to combine in one SIPP 🤔

  • @JamesKerr-z4o
    @JamesKerr-z4o 5 месяцев назад

    Very interesting, if you were 5 years from retirement what would you do?

  • @owenkrysler8235
    @owenkrysler8235 4 месяца назад +1

    I would be interested in a video as to how you actually withdraw the money from a SIPP. This might sound ignorant, but can you withdraw multiple small sums each year?

    • @creatingbalancefinance
      @creatingbalancefinance  4 месяца назад

      Thanks so much. As long as you’ve reached 55 or 57 (after 2028). I can put a more detailed video together. Thank you for the suggestion 👍

    • @owenkrysler8235
      @owenkrysler8235 4 месяца назад

      @@creatingbalancefinance Yes, I think that would be a good video. Also, I am confused as to how you would go about withdrawing smaller sums each year and leaving the 25% tax free lump sum intact for a later date.

  • @johnhoughtonbey7053
    @johnhoughtonbey7053 5 месяцев назад

    I'm new to investing. How do you work out all these different percentages and how do you compare them? 😁