50,000 pounds to invest

bostonerimus

AndyT678 wrote: »

Mostly I'm in broad agreement with your point of view but I do think you're underplaying the significance of this effect...

I agree that what you do in a falling market is very important. I've been ok through a couple of crashes and several corrections by simply rebalancing.....2007 took some guts. By keeping to my plan I've managed to average 8% annual return over the last 30 years. If I can do it then so can most other people.

A_T

bostonerimus wrote: »

I'm in the US and have the following portfolio

50% Vanguard Total US stock index
20% Vanguard Total International Stock Index
30% Vanguard Total Bond Index

total average fees/expenses are 0.06%

The OP could simply use VLS80 or VLS60 etc or go with a combination of a Global Tracker, a Global Bond index and maybe a UK equity tracker if they have a domestic bias etc. Those could be easily purchased directly from UK Vanguard or through another platform if you want. There are also lots of other trackers you could equally well use like those from Blackrock. Don't make this more expensive or difficult than it needs to be.

Vanguard UK charges a base fee of 0.15 with a fund charge on top of 0.22 for the Lifestrategy funds

bostonerimus

A_T wrote: »

Vanguard UK charges a base fee of 0.15 with a fund charge on top of 0.22 for the Lifestrategy funds

Yes I know......I'm in the US and US Vanguard has no transaction fees for it's own funds and many fund fees <0.1%. My Total US Stock market Index has a fee of 0.04%. The costs in the UK are higher.

Karmo

Thanks a lot . I have read everything carefully and now I really havent got a clue . Never invested in stocks before . Thanks for the heads up on those dodgy get rich quick scams . Are there not laws in the UK to protect people against those thieves ? Now Im concerned because the online money currency transfer company I was going to use are FCA registered HIFX but you say that doesnt mean anything .
Some are saying I was right to go for an S and S ISA and it certainly seems a lot less hassle than buying and renting out a flat .

badger09

You cannot pay any new money into an S&S (or any other sort of) ISA if you are not resident in UK for tax purposes.

Whether you are, or are not resident in UK for tax purposes is not a matter of your choice. It is a question of fact.

I posted the relevant link to HMRC website in your other thread.

cloud_dog

bostonerimus wrote: »

I agree that what you do in a falling market is very important. I've been ok through a couple of crashes and several corrections by simply rebalancing.....2007 took some guts.

Strange. I've been told consistently that DIY investing is easy.