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investing 150,000.00
Comments
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Do you think Warren Buffett could get to where he is now if he decided to consult an IFA?
Do you think he got where he is now without a team of people supporting him?
Do you think he is a normal person with 2.4 children, a semi and a mortgage who has to work to make ends meet?Well for starters you have index-linked gilts and TIPS.
Since you want capital growth AND annual returns (ie. Total Return) you probably want a fixed-income oriented portfolio with a mixture of corporate, high yield and sovereign debt.
Total return funds are bordering on fashion investing. Some are low risk, some are high.
What particular investment strategy are you suggesting the OP follows or is it more of a random hit and hope with your limited selection?
Which tax wrappers should the OP use?I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.0 -
Do you think he got where he is now without a team of people supporting him?
Do you think he is a normal person with 2.4 children, a semi and a mortgage who has to work to make ends meet?
Yes he did start off on his own and made his own investment decisions throughout his early life, just like anyone else.Total return funds are bordering on fashion investing. Some are low risk, some are high.
I didn't say anything about total return funds.
Total return simply means both receiving income as well as capital appreciation.
Seems to me like IFAs have the tendency to be biased towards funds/UT/OEIC when they think of investing.What particular investment strategy are you suggesting the OP follows or is it more of a random hit and hope with your limited selection?
Which tax wrappers should the OP use?
The OP would have to come up with his/her own investment strategy with personal insights after thorough research.
Or the OP can take the easy way out and pay for an IFA's advice.0 -
I note your advice and thank you
I do not want to invest in property as have already done so and have ISA, reluctant to invest in Shares - so bonds sounds the way forward - any advice
These cover a range of return and risk. You can get good returns from Italian debt at the moment, Greek is even better. But then you run the risk of them defaulting when they simply stop paying the interest and your bonds lose most of their value.
If you want something as safe as a UK bank deposit account, long term UK Government debt (Gilts) will get you a return similar to a long term fixed rate bank deposit account and the interest is subject to the same taxes.
With these types of bonds there is no capital growth though their value will rise and fall with market interest rates.
Of course there are many other more complex options.
I would have thought as a higher rate tax payer you may have been interested in shares as they provide capital growth which if carefully managed, can be tax free, or in the worst case will currently be charged at 18-28% with an approx £10K tax allowance.0 -
Total return funds are bordering on fashion investing. Some are low risk, some are high.
I recently gave a list of my "no way" words in fund names, and both "total" and "absolute" featured on it.
Of course, to prove how flexible I am even with absolute rules, my wife holds some "Ruffer Total Return", but my excuse is that this is an odd beast that doesn't deserve this name. Maybe we can be generous, and call this (and my smattering of ITs and FTSE HYP) my 5% lingering doubt that MPT is hooey in a world where behavioral economics is circling the wagons.
I am not a financial adviser and neither do I play one on television. I might occasionally give bad advice but at least it's free.
Like all religions, the Faith of the Invisible Pink Unicorns is based upon both logic and faith. We have faith that they are pink; we logically know that they are invisible because we can't see them.0 -
Yes he did start off on his own and made his own investment decisions throughout his early life, just like anyone else.
According to here he (Warren Buffett) got rich by working for Benjamin Graham, the investing guru of the time, if not all time (as some claim).
In the absence of an internship with todays equivalent perhaps the OP had better make do with an IFA.0 -
As it is hard earned money i do not want to loose. want better growth than savings account can give.
I do not need the money now and this money will be kept for future -
There is no target amout or shortfalls...
you are a higher rate taxpayer, have you got a pension? if not, I would start by investing in one as it will lower the tax you pay.0 -
From Hargreaves Lansdown website:-
Your no-obligation financial review
A fully qualified financial practitioner will review your approach to investments and pensions and discuss your financial objectives. They will then provide an insight into the different services we offer and explain how they could benefit you.
FREE to those considering investing or transferring £100,000+ :money:
You and your financial practitioner will establish the level of involvement you’d like in the investment decisions. We can help you into a situation where you take full control of your investments, provide one-off recommendations, or complete ongoing portfolio management. We can help you decide how much advice you need.
The service is so flexible you can have part of your portfolio managed while retaining control over the remainder.0 -
From Hargreaves Lansdown website:-
Your no-obligation financial review
A fully qualified financial practitioner will review your approach to investments and pensions and discuss your financial objectives. They will then provide an insight into the different services we offer and explain how they could benefit you.
FREE to those considering investing or transferring £100,000+ :money:
You and your financial practitioner will establish the level of involvement you’d like in the investment decisions. We can help you into a situation where you take full control of your investments, provide one-off recommendations, or complete ongoing portfolio management. We can help you decide how much advice you need.
The service is so flexible you can have part of your portfolio managed while retaining control over the remainder.
Does that mean a salesman?0 -
Does that mean a salesman?
NO, read on...
"All our financial practitioners are highly qualified financial advisers (IFAs). They are also independent which means they work for you and aren't tied to any specific investments. As all of our financial practitioners are salaried they’re not reliant upon convincing prospective clients that they need advice in order to earn commission or fees."0 -
Seems to me like IFAs have the tendency to be biased towards funds/UT/OEIC when they think of investing.
Of course they are. Pre RDR rules made it that way. Do you want IFAs acting outside of their remit?The OP would have to come up with his/her own investment strategy with personal insights after thorough research.
Or the OP can take the easy way out and pay for an IFA's advice.
Exactly. It should be a choice to DIY or use an IFA. It shouldnt be a case of don't use an IFA and DIY instead. Many people who DIY make a right pigs ear of it or dont have the time or want to give up the time to learn about it. Others are quite happy to learn and DIY.I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.0
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