move to bond funds

In the spirit of “money doesn’t make you happy but it makes you less sad” I took a look at my bank account. There are these 3 investment funds I’ve had since forever, before I had enough money to open the account with my FA. A global growth fund, a European fund and a leisure fund focusing on hotels, airlines etc. Been sitting around for more than 15 years, it’s way past time to move them around a bit.

hsglobalfinance

The rep at the bank recommended two funds, both mainly bond funds. One has a regional focus and one invests in finance corporate bonds (holdings include Citic, UBS, Westpac).

FA is also moving some of my GBP to UK bonds. I usually like sticking with global equities but I don’t have a sense of how the market is going, it’s too volatile lately. The idea of a little monthly income is appealing.