Time to sort out my investments

caileag

Hello,

For years I have been drip-feeding a S&S ISA with Fidelity, starting with just £50 a month over 10 years ago, taking a break for 4 years due to house expenses, and upping contributions when I could.

Outcome is that I now have just under £13K in various funds, which is great!

Not so good is the fact that I have just picked funds at random, I'm overexposed in UK, and stocks, and most of my funds are index trackers.

Now - I suspect this is wrong. My aim is to build up a nestegg, so I am looking at 10-20 years timescale, and am willing to take some risk. So I reckon I should be rebalancing, but I don't know where to start. I'm fairly financially literate, but can't seem to find any guides. Can anyone help?

Thanks! Caileag

enjoyyourshoes

Fidelity have interviews with investment managers on their web so you get to hear their philosophy (or strategy!?)

You also have their key facts data

worth looking & listening to these

open up a google page to define the acronyms and terms they use

Consider your views on the different markets and your attitude to Risk and see if your views best align with a fund manager or has resonance.

Its not a science more alchemy but others would disagree !

Archi_Bald

There's a huge amount of unbiased reading about: https://forums.moneysavingexpert.com/discussion/5043692

Totton

Hi,
Here are a few decent sites offering investment ideas - All are probably worth a look and may be of help to you.

Citywire - http://citywire.co.uk

Morningstar UK http://www.morningstar.co.uk/

Trustnet http://www.trustnet.com

Motley Fool http://www.fool.co.uk

Association of Investment Trusts http://www.theaic.co.uk

John Baron Portfolios http://www.johnbaronportfolios.co.uk

HTH,
Mickey

TrustyOven

Don't forget Monevator and Boggleheads sites for useful reading.

caileag

Thanks everyone, looks like I have my reading for the weekend sorted!

I was considering taking advice from an IFA but I don't think my £13K investment really justifies it? Hopefully I can sort myself out!

dunstonh

With £13k and £50pm it isnt realistic to be building a portfolio of single sector funds. It creates extra work for you and the amounts make it largely pointless and maybe not possible. e.g. if you had Japan at 3.7% allocation then that would be £1.85pm going into it.

You should consider investigating multi-asset funds instead.

Glen_Clark

I know a guy who has his whole £500k portfolio in one mediocre large well diversified Investment Trust, and I feel sure he has done better than those who incur a lot of charges with a lot of different funds.

caileag

dunstonh wrote: »

With £13k and £50pm it isnt realistic to be building a portfolio of single sector funds ...
You should consider investigating multi-asset funds instead.

I should have clarified, I am now investing £150 per month, about to increase to £200. But I think your point still stands, I will concentrate on multi-asset funds. Thank you.