Trump and the effect on pensions

[dirky dirk]

I’d estimate my total fund went down £15k when he announced his tariffs.
Now it’s back where it is but it’s gaining. 1000 a day at the moment. Is anyone else seeing such large gains?
I’ve probably got 8 years before I can retire but if it carries on like this (I know it won’t), I’ll be able to bring it forward a couple of years.

[Evolved]

Who is the pension with? That’s some gain since the drop. I’ve not seen anything recover so strong since his announcement.

[simon800]

The stock market is volatile right now, that happens sometimes. There are some swings of 4% - 10% per day.

If the volatility is making you uncomfortable, the question should be asked as to whether you are invested at the right level of risk.

[Uncle boshy]

The same for me

One of my pensions is now back to where it was having lost 10% immediately following liberation day, the other is about 1% down having dropped 12%.

FTSE is overall 10.3% up in the last month and Nasdaq 15.8% so looks like markets have adjusted having oversold.

[funinhounslow]

The US$ has also weakened recently so this will affect the value of your pension if invested in S&P500, NASDAQ etc

[mikef]

Being retired, I keep a close eye on my drawdown pot (I also have db and an annuity)

My pot dropped by 3.4% in value, but has already recovered most of that (for comparison, Truss was a 12.5% drop, that took 6 months to recover, which iit never did fully, taking into account the loss of 6 months of gains)



My drawdown is spread across four pension providers, with different blends of equitie, bonds and cash

Edited by mikef on Friday 9th May 09:08

[Kwackersaki]

I have a SIPP, mostly in L&G tracker funds, an Ageon pension and a Vanguard ISA. I was down around £30k when the orange faced tt announced the tariffs.

They’ve now recovered about 80%. Helped by the fact I piled in soon after the announcement.

[LordGrover]

Hmmm. Mine's still down a good chunk, but it's in a volatile sharia fund.
Once it regains its value (fingers crossed) I'll be shifting to a less volatile fund - I don't have the stomach for the risk this close to retirement.

[GT03ROB]

I've been dreading looking, but this prompted me to look. I'm down around 1.4% since start of the year, so not too bad really.

[toon10]

Mine dropped by about £33k from January's figure. It's back up but still £12k down from that number today. Pretty scary but all part of the market rollercoaster.

[Chris Type R]

I think that I dipped about £70k on "liberation day" and I was unable to take advantage as my annual SIPP contributions were held up by back office approvals.

Overall, things have recovered but there's been a re-shuffling of 'winners'. Oilers & Vanguard funds are down. UK financials up. My main single holding right now is carrying the weight - GGP which transitioned from being a gold explorer to being a gold producer at the end of last year - perfect timing in terms of aligning with a rising gold price. They're due to cross list on the ASX in a few weeks, so it's been a lucky hedge.

I'm at the point that I can take my 25% tax free ... just biding my time ... but I'll probably take a portion of the allowance this year to reduce the mortgage. This is driven mostly by the desire to be mortgage free, and less because it's a sensible financial decision.

ETA: The gold play has been very helpful... I think that YE 2024 to 7th May 2025 - excluding contributions - I'm up 19.5%. I'm less exposed to US Tech stocks than I think others are.

Edited by Chris Type R on Friday 9th May 10:06

[Mr Pointy]

Still 15% down from the peak & 10% down from the beginning of the year. Not good.

[abzmike]

Just looked on the FT portfolio tracker I use for a quick peek, and overall back to about where they were 6 months ago.

[GuigiaroBertone]

Still 25k down. If I ever get the opportunity to take a pop at Trump- I will do it.

I'll be right at the front of the protests when he comes to London.

[craig1912]

Haven’t looked at mine- in drawdown and if strategy is right short term fluctuations shouldn’t concern you.

[Hoofy]

GuigiaroBertone said:

Still 25k down. If I ever get the opportunity

Given how mental things are these days, I probably wouldn't post that.

[dingg]

Mr Pointy said:

Still 15% down from the peak & 10% down from the beginning of the year. Not good.

Similar for me, fx headwind isn't helping, gbp v usd.

Another few weeks like the last 2 should see me back to break even on the year. All depends on what the tangerine turd comes out with.

Going to be interesting in a couple of months to see what happens regarding tariff wars re starting


Eta much better to state percentages, monetary sums don't give a good picture

Edited by dingg on Friday 9th May 10:56

[GuigiaroBertone]

Hoofy said:

Given how mental things are these days, I probably wouldn't post that.

I'm going by the dictionary definition:

https://dictionary.cambridge.org/dictionary/englis...

[RizzoTheRat]

My work one is down about 3% from the end of the year, which wouldn't sound too bad if about 5% of my payments in hadn't also been this year!

Its in a mix of Euros and Dollars though so the exchange rate will be having an impact too.

[Evolved]

Who is the pension with? That’s some gain since the drop. I’ve not seen anything recover so strong since his announcement.