I had over 3,000 pounds in shares which set aside for my grandchildren

Question

Now it is down to £2,500 where shall I put it now as it's highly unlikely that in the short terms that the markets are going to rally now.?

Answer 1

If the investment is for your grandchildren, then why be concerned about short term performance. You should, however, consider if your investment choice is right for the long term. It is always advisable to regularly monitor progress, and consider switching.

Answer 2

Stockmarkets will always be volatile but can and should produce a better return than a savings account.

If you really do feel that the stockmarket is not for you why not have a bit of fun by doing this, try carpetbagging a few of their accounts  with a view to getting a windfall as speculation is rife that after the catholic building society a few more mergers might occur soon. While you are waiting your money will still be earning interest at a decent rate too. More details are available here http://www.carpetbagging.co.uk

Answer 3

If you are looking for short term gains, then you'll need to take a more active role in investing your money. This will involve doing a lot of research and constantly moving your money around to take advantage of changes in the market. If you're planning on leaving it in the market for another 10-20 years, then don't worry, as in the long term, all stocks rise*. Best bet would be to discuss this over with a financial adviser, who'll have far more experience than anyone on YA.

*Hopefully the company whose stock you own doesn't collapse.

Answer 4

Are you expecting to shuffle off this mortal coil in the short term?  Shares remain the most effective long term investment.  The drawback, as you have found, is that they fall down a hole every few years.  If you're planning for the long term, leave things where they are.

If you can get the timing right, you could switch into cash, earn some interest and go back into shares at the bottom of the market.  However, there are plenty of fund managers who get it wrong, so I don't think you'll stand much chance of getting the timing right.  (If you can convince me otherwise, I've got a few quid you could invest for me!)