I'm approaching retirement and have been heavily invested in equities until now, which has worked pretty well thanks to QE etc.
However yesterday I liquidated about 20% of my portfolio, to begin to take some risk off the table, so I'm now about 25% in cash, 15% in commercial pr operty, 5% in gold and the remainder in a reasonably diverse basket of equi ty funds, investment trusts and ETFs.
I can't face being heavily in cash, with close-to-zero interest rates. Can anyone suggest a solid asset that I can put into a Hargreaves Lansdown ISA and SIPP which would give, say, a reliable 3% return with little chance of capital loss? I'm loath to use a bond fund at the moment as all the talk is of a bond bubble bursting when interest rates (eventually) rise.