Rockits, Froddy, Wattie, AT3200AC,
Thanks all for your input.
To be a little clearer I have a fairly large sum in an ISA which is in a managed fund, it is in the NFU Mixed portfolio 40/85 shares fund, it's been ticking along ok nothing exciting just steady. I do not draw from it and been leaving it to grow. I should have taken Wattie's advice and cashed it in, but you just don't do these things, I will just have to ride it out.
I also have a self invested ISA which over time I have added to and reinvested the dividends, A little while back I had invested around 100k and the value was around 140k, so quite pleased with myself and it was generating 6% in dividends a year. Again I wasn't drawing from it, its value is a lot lower now and yes should have cashed it in.
My simple resume was to generate an income better than the banks can give plus tax free. I don't want to be sat in front of a computer screen watching markets and trading all the while. I normally buy and hold. Having said that I have recently thought there are opportunities to perhaps earn a little extra as all my dividends seem to be drying up.
I am very much of the same mind as Rockits, invest small amounts and take a small profit when or if it arises. Most of the jargon on here goes over my head but it is interesting and there obviously some smart guys on here.
Wattie I agree with your view on gold but wouldn't want to hold the physical stuff, I think you made some suggestion a few posts back , I will have to take a look.
I took Froddy's advice and stuck to my plan and sold Greatland Gold today, made £700 gain so happy. Now looking for the next.
Again thanks all, have a good weekend and keep safe.