Do I withdraw my investment before it goes down any further or should I leave it?

17 October 2022

Question by Sharon

I invested £100k with Saint James Palace in Nov 2019 (75% of my redundancy payment). It's taken 4 years to mature to £112k (Dec 2021). It's now worth £98k.

My question is do I withdraw this amount before it goes down any further and just bank it or should I leave it where it is and hope for the best?

I am 63 years old and this is my investment for my adult children and my 9 grandchildren.

Answered by Boring Money

Hi Sharon

I understand that it must be concerning seeing the value of your money pretty much just continue to fall since the beginning of this year, given your reasons for investing in the first place and the fact that the growth you had seen has now gone.

I'm sure you've already spoken to St James Place about this, but if not I suggest you speak to your adviser. They should be able to provide the reassurance you need.

As you've already seen, investments will rise and fall and right now we are in a pretty big fall. I can't speak for how your portfolio is invested i.e. in stocks, bonds etc. but if it is like most investments St James Place advise on, it will likely be made up mostly of stocks and shares. If so and it is a pretty 'typical' investment portfolio, it will come back, but you have to hold on for the recovery.

There are two important caveats to this however:

  1. Nobody knows when a recovery will come and how strong it will be.

  2. I do not know enough about your situation to know if this is the right advice for you - nor is this the place for me to do so.

What I can say however, is that for *most* people, with all things being equal, it is better to hold on, unless your situation dictates that you need the money now.

I hope this helps.

With best wishes,


Answered by

Boring Money