Which L&G tracker ISA?

onlyroz

I've had an L&G All-share tracker ISA for a number of years now, and it's bodded along OK, but I'm looking to "diversify my portfolio". Does anybody have any suggestions for which other things I should be tracking? Maybe I could move into foreign markets, or look at the FTSE 100?

dunstonh

UK is covered. So, having FTSE100 would be unnecessary overlap.

You also have US, Europe, Asia, Japan, Emerging markets, specialist, property and fixed interest.

wriggly

If you want to stay with L&G, they also have Europe, US, Japan, and Asia-Pacific trackers.

However, they are starting to look expensive compared to the HSBC and Vanguard offerings in the same area.

onlyroz

I know what they offer, but I was wondering about opinions about which of these are good investments. E.g. isn't the US economy in the cr*p at the moment and so would be an unwise investment?

Old_Slaphead

onlyroz wrote: »

isn't the US economy in the cr*p at the moment and so would be an unwise investment?

The economy's c***p because of government borrowing (bit like us really) but private companies are benefiting from low interest rates and weak dollar. Of more importance will be when countries start reversing QE and taking liquidity out of the system. If US stockmarket falls then most of others will follow anyway.

dunstonh

The US has been in a worse position and recovered.

Rollinghome

onlyroz wrote: »

I know what they offer, but I was wondering about opinions about which of these are good investments. E.g. isn't the US economy in the cr*p at the moment and so would be an unwise investment?

Equity prices aren't really directly determined by the state of economies, more by the expected return compared with other investments and cash. You might think other markets offer better value but that's no good to you if that expectation is already in the price.

If you invest when everything looks rosy, you'll almost certainly pay too much. The best time to buy is likely to be when everyone on boards like these, both here and in the US, are 100% agreed it's a rubbish time to invest.

jimjames

The time to buy is at the point of maximum pessimism not when all looks great.

L&G trackers are quite expensive, if you moved to use HSBC versions with a fund supermarket like Hargreaves Lansdown then you'd save in the annual fees and have more choice of funds to boot

onlyroz

Well I'll keep the L&G All-Share tracker that I've already got (I think the fee on that one is quite low) and look into options for further investments...