Reply To: ISAs, SIPPs and falling tax free allowances

[Stephen Bland]

Predictions, especially about the future, are not something in which I indulge Nicola. Strategic ignorance rules.

Investors including HYPers should not be in equities at all if they can’t countenance big falls in share values which can happen in really bad bears. Many companies may cut their dividends as well in such conditions, where cash may be tight. But I’ve seen it all before, several times, and HYPs in particular are likely to survive and go on to do well though there can never be any guarantees. Shares and their dividends are risk investments and HYPers have to accept that fact if they wish to invest this way.