Funds subject to exchange rate

Linton

funnymonkey wrote: »

I can't explain only that most seem to have performed reasonably well over the last 5 years and others have had more recent growth.
I'm the absence of a crystal ball what would you recommend??

Focus on investing in everything rather than trying to cherry pick a few things that will do well in the future. Unless you are blessed with the powers of Mystic Meg or Russell Grant the latter policy will probably fail.

The best way for a small investor to invest in everything is to buy a single multi-asset fund that will do the job for you. There are many such funds,one example...

https://www.trustnet.com/factsheets/o/g1hd/hsbc-global-strategy-balanced-portfolio-c-acc

For more look on http://www.trustnet.com in the "mixed investment 40%-85%" sector, for funds that describe themselves as fund of funds.

rathernot

funnymonkey wrote: »

Thank you so much and I heed your warnings
So let's say you have 50k
Which specific funds would you put this into?
Thank you

I'd be looking at things like:

My age
My timeline (linked to age)
My risk tolerance for some or all of the money

For example it would be very easy suggest stick the lot in Fundsmith but if you wake up in two weeks time and your £50k is now worth £40k should you cash out, how would you feel?

if you say the £50k is your life savings and you're retiring in 3 years and it's all you've got to live off the answer will be massively different to if you say it's £50k you found down the back of the sofa and so on.

funnymonkey

My age of 51 and will retire at 58 (Have other sources of income from rental property which will give me a comfortable life)
I would say medium risk.
I used 50k as an example but closer to 90k and this is my private pension fund currently in a sipp.
Thank you