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Is one fund enough?

Thanks to your advice here, I have decided to drip feed around 300 £/ month in Vanguard lifestyle 60 funds through A Journey Bell youinvest in the ISA .Just one doubt. .is one fund enough? ..I want to keep things simple :))..
Dane
«13

Comments

  • Sorry A J Bell...spellchecker :((
    Dane
  • Al.
    Al. Posts: 322 Forumite
    It depends on the fund. A fund like that should offer you the diversity you need - good luck.
    Independent Financial Adviser.
  • Mistermeaner
    Mistermeaner Posts: 3,024 Forumite
    Part of the Furniture 1,000 Posts
    Funds are like girlfriends. If you find one that does everything then great..... sometimes you might find a really good one but you still may need another couple that do things your main one doesn't.

    Often, although you may have a really good one that does everything, sometimes it's fun just to have a play with others from time to time.

    Thing is, when you that, it might it spoil it with the really good fund you had already.

    Some of us are more disciplined at sticking with one fund, some of us just can't help ourselves
    Left is never right but I always am.
  • colsten
    colsten Posts: 17,597 Forumite
    10,000 Posts Seventh Anniversary Photogenic Name Dropper
    One would hope blokes pick their funds with their heads, rather than the body part that generally guides their selection of girlfriends.
  • One Vanguard Lifestrategy fund would be enough for me, as it is a fund of funds.

    Not all funds are suitable to be a sole fund.
  • BLB53
    BLB53 Posts: 1,583 Forumite
    I have decided to drip feed around 300 £/ month in Vanguard lifestyle 60 funds
    That's a smart choice.

    Although it is just one fund - it is a blend of many of the Vanguard stand-alone funds, both equity and bonds so in reality it is a fund of funds.

    Keep it simple!
  • dunstonh
    dunstonh Posts: 120,290 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    If its a multi-asset fund then one is enough. If its a single sector fund then one is not enough.

    You have a fettered multi-asset fund of funds.
    I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.
  • Mistermeaner
    Mistermeaner Posts: 3,024 Forumite
    Part of the Furniture 1,000 Posts
    Multi Asset girlfriends are much harder to find. Sometimes man wants curvy, sometimes skinny. If only vanguard did girlfriends.
    Left is never right but I always am.
  • Freecall
    Freecall Posts: 1,337 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Multi Asset girlfriends are much harder to find. Sometimes man wants curvy, sometimes skinny. If only vanguard did girlfriends.

    You need help.
  • dunstonh
    dunstonh Posts: 120,290 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    Multi Asset girlfriends are much harder to find. Sometimes man wants curvy, sometimes skinny. If only vanguard did girlfriends.

    If vanguard did girlfriends she would be top heavy and missing a limb.
    I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.
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