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Diversification is advisable. All equities is bit risk especially as market is toppy with lots of unresolved risk
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Depends how soon you need the money, surely?
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I think cash savings is just pissing away money at the moment especially so I have everything I save apart from emergency funds in a Vanguard FTSE Global All Cap ISA. The way I understand it, that money tracks the global economy and if the entire global economy tanks long term I don't think my cash savings would be worth much either. So that is my reasoning.
I watched a video about inflation the other day (Economics Explained on Youtube) and he made a good point. At the moment commodities markets have in reality gone to shit. Timber, gas, grains etc are all up in price because there are supply issues that were triggered by the pandemic. This should mean a stock market fall as these raw materials and energy are the foundation of economic progress. However, the S&P 500 is up, everything is still booming. This suggests that inflation has driven down the value of money so much that the stock market looks good in comparison, not because it is actually in good health.
Disclaimer: This is not financial advice. Don't listen to me or do anything as a result of what I say.
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wildwest
greentricky
Invent
@Howard
Putting money in an account that pays no interest is throwing money away. I’d drop feed all of it in to Vanguard or Nutmeg or whatever. Or pay down debt if I really had no better ideas.