Portfolio advice please

Ben12345

Hi, looking for some advice on my current portfolio.
I currently hold:
£5,600 in Vanguard LifeStrategy 80% Equity GBP Accumulation (12/13 ISA) with Hargreves Lansdown
£5,600 in cash awaiting investment with Hargreves Lansdown (11/12 ISA)

I also hold cash ISAs, some premium bonds and individual shares.

Should i :
(i) dump the cash awaiting investment into the Vanguard fund too, (ii) drip feed the cash in over a period of time
(iii) look at an alternative fund (if i do this, will I pay an additional £2 per month?)

In reality I don't have time to manage or rebalance funds very often, hence the attractiveness of the Vanguard.

Any comments gratefully received.

simonfitba

I'd put the rest into the fund you have. Whether you drip-feed the cash in depends on whether you think the markets have further to fall or not.

Drip-feeding certainly averages out the price you pay which is usually the best strategy.

Totton

As usual there are different studies showing that drip feeding investment money is either the best way or it isn't. The fact is that either drip feed or lump sum investing could be the best option, nobody knows as it all depends on the future. On balance I guess most of us would go with drip feeding for peace of mind.

One method I have read about and now use for my own investments is to consider buying any new investment in three lots, this is a form of drip feeding but gets your money into the market much quicker.

As for your portfolio, if you are happy with the Vanguard fund then I would put the additional money into the same fund. The 80/20 split is quite aggressive and you also hold individual shares to add to that risk which appears to be softened by cash holdings, so long as you are happy with the resultant level of risk then stay with the Vanguard choice.

If it were me then I would put the lot into Vanguard fund by making three payments spaced a month apart.

HTH,
Mickey