Hi,
I have a Buy out bond that is invested primarily in equities (67%) and corporate bonds.
In the past 9 years it has increased in value by 120% in the past year it has increased by 20%
I have a PRSA pension that I contribute to too - it is also invested in equities + corporate bonds
I am considering a fund transfer of my B.o.B. to cash - I would be happy to take some devaluation if there is a rise in inflation over the prospect of a stock market fall and higher devaluation..
I know little enough about markets ect but because I have dual situation (B.o.B. + PRSA) vested in the same area's in a time of historically high stock market valuations afaik or can tell & the B.o.B. is no longer buying stock as such - no more contributions.. - I believe my thinking to be logical..
Appreciate any opinions...
Thanks
I have a Buy out bond that is invested primarily in equities (67%) and corporate bonds.
In the past 9 years it has increased in value by 120% in the past year it has increased by 20%
I have a PRSA pension that I contribute to too - it is also invested in equities + corporate bonds
I am considering a fund transfer of my B.o.B. to cash - I would be happy to take some devaluation if there is a rise in inflation over the prospect of a stock market fall and higher devaluation..
I know little enough about markets ect but because I have dual situation (B.o.B. + PRSA) vested in the same area's in a time of historically high stock market valuations afaik or can tell & the B.o.B. is no longer buying stock as such - no more contributions.. - I believe my thinking to be logical..
Appreciate any opinions...
Thanks