What would you invest in?

hedger

Im lookin some advice guys. I think now is a good time to drip feed £500 a month into the stockmarket via a fund. I already have substantial investments through SJP (invescoe perp high income) so I wanna try something different to diversify. What would you invest in and would a fund supermarket be best to use (Hargreaves Lansdown?)

dunstonh

would a fund supermarket be best to use

Every time. Well, almost every time as I still use fund houses only transactions under £50pm. However, ignoring those it would be every time.

Nowadays there really is very little reason not to use a fund supermarket.

It certainly is a good time to drip and with a contribution that size you can diversify it nicely with a good range of funds.

DonC

hedger wrote: »

Im lookin some advice guys. I think now is a good time to drip feed £500 a month into the stockmarket via a fund. I already have substantial investments through SJP (invescoe perp high income) so I wanna try something different to diversify. What would you invest in and would a fund supermarket be best to use (Hargreaves Lansdown?)

It may not be an issue for you, but unless Im mistaken, Hargreaves Lansdown requires a minimum initial investment of £3000.

Does anyone know of any reviews of fund supermarkets?

dunstonh

It may not be an issue for you, but unless Im mistaken, Hargreaves Lansdown requires a minimum initial investment of £3000.

They dont. Its £1000 as a single amount. Regulars at £50pm minimum. So, £500pm is easily over the limit.

Does anyone know of any reviews of fund supermarkets?

Fund supermarkets are regulated by the FSA so reviews would be considered advice by commercial sites. So, you are never going to get a review published from those that use them. Plus, many of the fund supermarkets only deal with certain target markets. Some deal with the advice channel, some execution only. Some are platforms priced for higher net worth clients (cheap for them but expensive for small amounts).

hedger

so no problems with Hargreaves then?
wat about funds - anyone any ideas? I would appreciate your opinions!

hedger

I see Hargreaves offer 4 x Multi-manager funds:
Income and growth, cautious managed, balanced managed and special situations. I think I'll do a bit of research into these as they seem well balanced

TDS_2

I don't think anyone's gonna give specific advice here (is it even allowed?). As mentioned above, £500pm can be split into 10 funds equally at HL, or less if you want a few core funds and a few outliers.
There's always a debate about index (FTSE/DJIA etc.) trackers vs managed funds, the former being cheap, the latter being more tailored. Best to do a bit of research about which sectors you want, and which fund managers are recommended (if you go down the managed funds route).
The alternative is to seek out an IFA.

Have fun, and remember that it may be a heck of a long time before you turn a profit - but then that's why you're investing right now...

wriggly

hedger wrote: »

I see Hargreaves offer 4 x Multi-manager funds:
Income and growth, cautious managed, balanced managed and special situations. I think I'll do a bit of research into these as they seem well balanced

Multi-manager funds are usually more expensive, as there are two layers of charges, the MM fund and the funds in the portfolios.

There are plenty of single funds that invest according to these strategies.

dunstonh

I don't think anyone's gonna give specific advice here (is it even allowed?).

The board doesnt allow it and the FSA could get funny over it. Especially if those of us who are regulated started doing it.

I see Hargreaves offer 4 x Multi-manager funds:
Income and growth, cautious managed, balanced managed and special situations. I think I'll do a bit of research into these as they seem well balanced

You may as well get an IFA to do it properly if you are going to use those.

amistupid

What would you invest in?

I hear there's North Atlantic island going cheap!

purch

I see Hargreaves offer 4 x Multi-manager funds:

They are expensive....and not particularly good either.

Personally speaking I don't think you should ever buy anything without a good reason............drip feeding just for the sake of it, without a sensible plan and reason is just a good way to waste money and opportunity.

If you are looking at areas to invest in;

I think the Asia/Pacific ex Japan sector is heavily oversold.........but I wouldn't direct any new money that way unless I was certain that it had begun a longer term upmove.

Same with all markets.....until the bear market looks like it has turned , investing new money is 'bonkers' in my book.