what the safest way of investing 10k on ftse 100

chrissoton

hello guys, i hope sooner rather than later the market may bottom and i want to invest 10k on the ftse 100 as a longterm ivestment, what is the best way to do it, i have tried spreadbetting but would prefer owning shares or invest in funf of some description that tracks it.

any suggestions would be apreciated

Steven86

The HSBC FTSE ALL Share tracker is a fairly good fund that tracks the index, you can also look at shares, on sites such as Hoodless Brennan, III, Sharedeal, the cheapest option is the fund though which is available via most fund platforms.

grnglide

chrissoton wrote: »

hello guys, i hope sooner rather than later the market may bottom and i want to invest 10k on the ftse 100 as a longterm ivestment, what is the best way to do it, i have tried spreadbetting but would prefer owning shares or invest in funf of some description that tracks it.

any suggestions would be apreciated

Safest and ftse 100 should never be used in the same sentence.

If you really want to invest in the long term then a decent fund within an ISA could hold £7,200 of it after 5th April assuming you have already used this year's allowance but without a crystal ball no-one can truly answer this one!

gozomark

Steven86 wrote: »

The HSBC FTSE ALL Share tracker is a fairly good fund that tracks the index, you can also look at shares, on sites such as Hoodless Brennan, III, Sharedeal, the cheapest option is the fund though which is available via most fund platforms.

not surprisinly, the HSBC FTSE ALL Share tracker tracks the FTSE ALL Share index, not the FTSE 100

agsnu

What makes you think we're near the bottom? (Just curious)

sabretoothtigger

The all share has done better then the ftse 100 alone so would be better anyway. This has been discussed as recently as yesterday so try looking down the page(s)

10k as a lump sum would be a bad idea, right now its not going to shoot upto 7 or 6 or even 5k, you'd be lucky to see 4k.

You might as well set 100-500 a month and think about investing in more then one fund as these funds are weighted towards the biggest shares so you will actually mostly hold just a couple dozen, risky

gozomark

sabretoothtigger wrote: »

The all share has done better then the ftse 100 alone so would be better anyway.

"has done" does not equal "will do"

1984ReturnsForReal_2

what the safest way of investing 10k on ftse 100
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There is no safe way..

sabretoothtigger

gozomark wrote: »

"has done" does not equal "will do"

The all share contains mostly the ftse 100, its just slightly more diversified but not much. Worth having the slightly less risk I think but basically they are the same product

Ken68

Surely, even in a recession, consumers will still need water, gas, electric and food.
Investing in essentials is gotta be the way.

dunstonh

As mentioned already, there is no safe way. The FTSE100 is a medium/high risk investment with 40% potential for losses in a 12 month period. Indeed, we are actually heading towards 50% at the moment in a 2 and a bit period.

Sticking 100% into one fund is a bad thing to do. Sticking it into an investment that has been one of the worst indicies for the last 12 years and where the potential is handicapped due to lack of diversity is equally as bad.

You would be better looking at 5x£2000 or even 10x£1000 on the fund count and make sure you understand risk and potential and make sure the investment averages out to match your risk profile.