Static Holdings of Share/Bond etc Investment Trusts for the Long Term

Chris75

Like many people I don't have the time/abilitity/inclination to endlessly research where my investments should be nor have I any real idea of how I should choose someone to advise me. I am also aware that fees can very quickly erode returns. When I have switched funds I have never been convinced that I have gained much.

I currently have quite a lot of money held in shares ISA's which I have selected over the years but which I have never been fully convinced about.

I have known people who have held the big investment trusts for many years without changing their investments and have done pretty well out of it.

What is the view of the forum. Is it a reasonable investment idea to buy say 6 of the big old investment trusts, giving geographical & sector spread, that have paid dividends for 30 years plus & just stick with them?

Over managing is very appealing and encouraged by investment houses.

jimjames

Yes that sounds like a good plan if you don't want to be constantly managing or switching them. I've held a number of trusts for over 15 years and the big ones such as F&C are diversified themselves already.