Cash in LISA/SIPP

[moneybagz]

Hi,

Approx 35% of my portfolio is sitting in cash within stocks and shares LISA and SIPP with the remainder spread between Equities/Commodities. I'd like to keep this cash reasonably safe.

I know I shouldn't try to time the market, but with a relatively low pot of money, I'd like to make it to retirement in the next 10-15 years. I also like the idea of having cash available (if inflation hasn't eroded all of it!) to take advantage of a huge correction, should it occur. As a result, I want to avoid locking this cash away in a savings account for a term longer than 3 months.

How would you allocate this cash?

Many Thanks

[tjh290633]

I have found that it is always better to stay fully invested. The market can recover very quickly. If it were me I wouldn't be in cash, other than a safety reserve. Get it into currently depressed shares paying a decent income.

TJH

[Kantwebefriends]

You could consider gold. I'm interested in Swiss Francs. I think there's an ETF route for buying them.

(We have plans that mean that equities would be much too risky.)

[torata]

I also like the idea of having cash available (if inflation hasn't eroded all of it!) to take advantage of a huge correction, should it occur.

In my SIPP, my 'cash waiting on the sidelines' sits in ERNS
https://www.ishares.com/uk/professional/en/products/258120/ishares-ultrashort-bond-ucits-etf?switchLocale=y&siteEntryPassthrough=true

torata

[moneybagz]

Thanks for the replies. I hold a substantial amount of gold already so no need to buy anymore. I'll place the cash into ERNS as this fits in well with my criteria. Any thoughts on investing "cash on the sidelines" into CGT/RICA in an attempt to keep up with inflation?

Thanks