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  • My 'pots' seem to have recovered since the hammering they took earlier this year.

    Is there any particular reason for this do we think? I wondered if it was simply devaluation of the Pound.

    I'm feeling quite pessimistic about things, so I'm considering pulling a chunk out and paying off some mortgage debt as I won't be banking a loss (more like a fair gain for the limited time it's been in the market) - we have to remortgage early next year, and the rates are going to be a very different story to last time and our energy bills will be crushing at the same time.

    If I keep this chunk in the market (because we think it's going to continue to do well) then it would have to do very well because it would mean

    • getting tied in to 3-4% interest rates
    • having very little cash left at the end of the month
    • little bandwidth to soak up changes to existing costs
    • if one of us got sick long term, we'd be a bit fucked

    Obvs. I'm angling for more pay at work but that's not a done deal.

    Would welcome any thoughts

  • what you are saying is perfectly logical and sounds extremely sensible. obviously the only downside is potentially missing an upswing in the market before you re-enter... guess you will also lose the full potential of a larger ISA wrapper when/if you do re-enter. might not be an issue though

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