Going with Bonkers The Pedigree Pooch or Muttley The Unloved Runt ?

Murphy_The_Cat

Boleyn19 wrote: »

I've enjoyed reading this thread and might have ago. I am not trading at the moment so have no platform. Which do you recommend to buy and switch that's easy for a beginner?

Plesae, please, please don't take anything that I've written on here as being advice. If you do give it a go, be prepared to lose all/nearly all of your money. If you are, after 10, 15 years you may be a happy investor !:beer:

Alexland

barnstar2077 wrote: »

I'm using Hargreaves Lansdown with my SIPP. It charges a 0.45% annual fee, doesn't charge for purchasing funds, but does if you buy individual shares (which I don't). It is my intention to swap to another platform once the fund up to 50k where a flat fee might make something like Interactive investor more cost effective. I don't know what the fund selection is like on Interactive Investor though.

Slightly off topic but you can search for funds on the II platform using the below link. Once you get enough to go fixed price consider if Halifax Share Dealing, iWeb or Fidelity (capped for ETFs) work out cheaper for your SIPP trading pattern.

https://www.ii.co.uk/funds

p.s. keep up the good work Murphy

Alex

short_butt_sweet

comparing to a benchmark is a bit simpler if you use the price of accumulation units of a benchmark fund, since in that case any reinvested income is already reflected in the price. though i don't know if your bonkers funds are accumulation, too? if they aren't, you could perhaps include any income they pay out during each 6 months in the cash used to buy the next bonkers fund?

(and to be fair, you should not deduct platform charges from your bonkers results, because fund performance figures don't include platform charges.)

you can download daily historic fund prices (in CSV format) from vanguard (UK)'s advisor website. so that might be a good way to get some benchmark data. the consensus seems to be to use a global equities tracker, instead of Lifestrategy, so how about using Vanguard FTSE Global All Cap Index Fund (Acc)?

see https://www.vanguard.co.uk/adviser/investments/product.html#/fundDetail/mf/portId=8617/assetCode=equity/?prices

for the dates mentioned in post #69, that gives me:
29.12.17 £117.2297
29.06.18 £119.9407
03.01.19 £111.4407
24.06.19 £129.7895

Boleyn19

Murphy_The_Cat wrote: »

Plesae, please, please don't take anything that I've written on here as being advice. If you do give it a go, be prepared to lose all/nearly all of your money. If you are, after 10, 15 years you may be a happy investor !:beer:

Of course. Like you, £1k will be tiny amount of my portfolio and if it is lost, it is.

Murphy_The_Cat

Boleyn19 wrote: »

Of course. Like you, £1k will be tiny amount of my portfolio and if it is lost, it is.

you make me sound like I've a portfolio the size of Warren Buffet !


The £1000 that came to me originally was a totally out of the blue surprise. At the time I had no specific use for it, so in a (very rare for me) what the hell moment, I decided to give Bonkers a go.

barnstar2077

Sorry peoples, I made a mistake when I selected the Russian fund, had the wrong boxes ticked on Trustnet! :rotfl:

I have however just put in a deal request for £500 into POLAR CAPITAL GLOBAL INSURANCE CLASS F - ACCUMULATION (GBP)

I ranked funds by performance and added in the requirement for five crowns. Over one year it is 5th, 13th over six months. but most importantly it is 2nd over the last three months (up 14.3%) It is this momentum that I hope to ride to the Moon (and smash the competition! : )

According to it's KIDD it is a remarkably friendly 5 out of 7 for risk level and has a solid track record of returning a positive result every year since it's inception in 2010.

The main downside being the 0.90 ongoing fee : (

I am not sure if I will wait the whole six months, I guess it depends on the performance. I feel like I have picked a winner though!

Murphy_The_Cat

barnstar2077 wrote: »

Sorry peoples, I made a mistake when I selected the Russian fund, had the wrong boxes ticked on Trustnet! :rotfl:

stop press, stop press, stop press
The MSE Cold War has all been cancelled. Everyone is everyones friend again.


Altogether now "Ebony and Ivory live together in perfect harmony"......................


p.s. I did wonder how the Russki fund had got to teh top of your hit parade !!

barnstar2077

Okay, so I am now the proud owner of £500 worth of POLAR CAPITAL GLOBAL INSURANCE CLASS F - ACCUMULATION (GBP) at the price of 751.23p a share.

I would just like to point out that I am not a millionaire, but the £500 is just one months SIPP contribution to me, which I would normally put in VLS 100 or some bonds. Not that I consider it to be a complete gamble anyway due to the overall performance of the fund (Although it does seem to be falling this week! )

When / what are you buying next Murphy?

Murphy_The_Cat

barnstar2077 wrote: »

Okay, so I am now the proud owner of £500 worth of POLAR CAPITAL GLOBAL INSURANCE CLASS F - ACCUMULATION (GBP) at the price of 751.23p a share.

I would just like to point out that I am not a millionaire, but the £500 is just one months SIPP contribution to me, which I would normally put in VLS 100 or some bonds. Not that I consider it to be a complete gamble anyway due to the overall performance of the fund (Although it does seem to be falling this week! )

When / what are you buying next Murphy?

my sell/buy instruction goes in tomorrow, which should be actioned on Mon/Tuesday.
I'll post the figures when its happened. It currently looks like the Brazillian Fund is going to leave me as a positive :j

aroominyork

I'm switching to January and July so am getting an extra month of samba and caipirinhas. And to think, I could be partying with global insurance salesmen...