Tips & Ideas 

Time for a spring clean

Time for a spring clean

I suppose if I had to have a bottom-line message about the last tumultuous three months and its impact on my self-invested personal pension (Sipp) portfolio I could sum it up as: it could have been worse. I've been aggressively bullish about the energy space in particular and resources generally for at least the past three years and look where that got me. Back in November last year, for example, the resources stocks within my portfolio were still running at 22 per cent of all my equity investments, with a big weighting towards oil and gas. I'm not sure any reader needs me to tell them what happened next in terms of oil prices, but what I find much more interesting is that the whole resources sector including mining has been dragged down with energy stocks.

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