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Advice for a Young Investor

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Comments

  • dancingfairy
    dancingfairy Posts: 9,069 Forumite
    Single shares are obviously riskier as your eggs are all in one basket. I think collective investments are the way to go as you can drip feed money in on a regular basis (it's not so easy with individual shares).
    df
    Making my money go further with MSE :j
    How much can I save in 2012 challenge
    75/1200 :eek:
  • jimjames
    jimjames Posts: 19,264 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    maxlovell2 wrote: »
    What % Equity would you recommend to go for?

    Personally I'm 100% near enough but you need to understand the volatility of that. You have age on your side so plenty of time for compounding but bear in mind it will be a rollercoaster sometimes.

    Rather than selling out when prices drop, I do the opposite and buy more to get a bargain. Active pound cost averaging.
    Remember the saying: if it looks too good to be true it almost certainly is.
  • maxlovell2
    maxlovell2 Posts: 8 Forumite
    jimjames wrote: »
    Personally I'm 100% near enough but you need to understand the volatility of that. You have age on your side so plenty of time for compounding but bear in mind it will be a rollercoaster sometimes.

    Rather than selling out when prices drop, I do the opposite and buy more to get a bargain. Active pound cost averaging.

    Yeah I am only 19 and have nobody who depends on me so I am okay with risk. This is my first investment so what I am planning to do is:

    Invest £2100 into the FUND: Vanguard LifeStrategy 100% Equity Fund A Acc

    And I will do this through my stocks and shares isa with AJbells youinvest.

    Sound good?
  • BLB53
    BLB53 Posts: 1,583 Forumite
    What % Equity would you recommend to go for?
    At a young age, you should consider 100% equities provided you are OK with the extra volatility.

    I would also suggest a smaller companies investment like Aberforth.
    We have a climate emergency and need to re-think investing strategies to avoid sectors that are part of the problem such as oil & gas and embrace climate-friendly options such as renewable energy.
  • maxlovell2
    maxlovell2 Posts: 8 Forumite
    edited 5 July 2014 at 9:10AM
    Would this be a good decision to invest in:


    Vanguard LS 100% equity

    Vanguard Global Small-Cap Index

    If this is a good decision... what % in each fund would you guys reccomend?
    Thanks for advice so far really helpful! I was finding difficult to finally pull the trigger and invest!
  • Archi_Bald
    Archi_Bald Posts: 9,681 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    If you have narrows it down to the two Vanguards, you might find more useful info and discussion in this thread: https://forums.moneysavingexpert.com/discussion/4392271
  • maxlovell2
    maxlovell2 Posts: 8 Forumite
    Thankyou, after reading this I think im just going to go all in into the vanguard 100% LS and then I can look into other investments in the future if I wish
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