Managing Your Money 

Diversify away from UK equities for income growth

Reader Portfolio

Craig, 51

Description

Sipp, Isas and trading account

Objectives

4-5 per cent income with protection against inflation

Craig is 51 and has been investing for 20 years. He is single, doesn't have any debts and doesn't own property. As well as his investment portfolio, he has a teachers' pension. He was moved into a career average scheme in April, which won't pay out until normal retirement age, but 3/8ths of £37,000 from his former scheme will pay out in 2025, when he will also be entitled to a lump sum of three years' pension. He is considering moving to a country with better weather, such as Spain or Thailand, although probably wouldn't buy property in either.

To continue reading, register today

to enjoy limited access to the following:

  • Daily trading news
  • Funds coverage
  • Features on big investment themes
  • Comprehensive companies coverage
  • Economic analysis
Register
Subscribe to Investors Chronicle

Subscribe today

Full access for just £3.37 a week:

• Tips and recommendations - to beat the market 
• Portfolio clinic & Mr Bearbull - build a well-planned portfolio 
• Expert tools - track and manage investments effortlessly
• Plus free delivery to your home or office

Subscribe Now