Should I consolodate everything into Vanguard?

Momomo_2

If you're trying to work out your detailed asset allocation it might be helpful to read (or re-read) The Boglehead's Guide to Investing. I read this back in 2006 and have referrred to it since. It's my investment bible for Vanguard products.

Perelandra

Gaaraz wrote: »

Interesting.... so I could have a police staff pension, and a SIPP? I never knew that!

I'm hoping to retire early if possible though, is that also possible on a SIPP? If so, I feel like I've made a huge mistake in not getting one!

The "watchout" if you get a separate SIPP will be to make sure that you're not going to exceed the annual or lifetime pension allowances (if you do, you'll lose the tax relief/have to pay higher tax).

The annual limit is unlikely to be breached (unless you're a very rich policeman ), but the lifetime allowance may ultimately become a limiting factor.

grey_gym_sock

Linton wrote: »

Rule of fund investing: Choose what you want to invest in, and in what proportions first, then choose the most appropriate funds to meet that specification.

yes, but what if you don't really know what you want?

to look at it another way, i think the main thing your portfolio has, that lifestrategy wouldn't have much of, is smaller companies. perhaps consider a big holding of lifestrategy with a few smaller companies bits on the side.

Linton

grey_gym_sock wrote: »

yes, but what if you don't really know what you want?

...

Yup, I think that corresponds to what dunstonh calls a "lazy" investor. If you dont know what you want and dont want to put in the effort to find out what you should want, your best bet is to get a broad global fund, or some form of fund of funds. There are many worse options than the Lifestrategy funds.

To be fair the OP's choice of funds does suggest that he has some ideas and an interest in investing.

Gaaraz

Thanks all I definitely have some interest, but no real knowledge unfortunately... lots of good info here though, thank you! I'd definitely like to become a 'lazy investor' in the long run, that's the aim anyway