As a fully qualified (to chartered level ) financial advisor there are always opportunities to invest in turbulent times and cyclical markets , I would always advocate diversity in sectors and asset allocation, timing is key but overtime you are better in the market than trying to time the "ins and outs" times to invest, if you do not have experience go for multi manager multi asset, personally I would avoid bonds as yields will suffer as soon as interest rates start to rise and there are warnings now week after week, month after month that rates will start to rise my bet is after the next election as the coalition will not want to try and get back in on a market of rising interest rates, if you are looking for income the staples and utilities are a good shout but capital appreciation will be limited, mining stocks are cheap, they will bounce on global growth , look at fracking companies for a punt, gold is also cheap and highly in demand from china and India, but don't forget you get 25% instant return in a pension as a basic rate tax payer and the equivalent of 66% if a HRT. Negotiate on fees with your advisor, don't be sacred of fees they are cheaper than the old commission system post RDR |
