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Complimentary funds alongside Vanguard LS 60

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  • Gadfium
    Gadfium Posts: 763 Forumite
    Part of the Furniture 500 Posts Name Dropper Combo Breaker
    Thrugelmir wrote: »
    Impossible to become an expert in everything. Focus on a particular niche, or market sector. Perhaps the area you work in. The smaller the company the greater the opportunity.

    And, arguably, the greater the risk. Especially if investing in single companies.
  • dunstonh
    dunstonh Posts: 119,765 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    Thrugelmir wrote: »
    Impossible to become an expert in everything. Focus on a particular niche, or market sector. Perhaps the area you work in. The smaller the company the greater the opportunity.

    it is true.

    I have been doing this for nearly 20 years. Yet I still buy in actuarial data and investment analysis as there is too much to consider and despite it being a major part of my daily routine, I am not close enough to micro manage.

    investors need to know their limitations and understand their lack of knowledge before they start making investment decisions that are little more than random punts on incomplete info.

    The more you read, the more you find out you don't know.
    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.
  • Alexland
    Alexland Posts: 10,183 Forumite
    Eighth Anniversary 10,000 Posts Photogenic Name Dropper
    dunstonh wrote: »
    I have been doing this for nearly 20 years. Yet I still buy in actuarial data and investment analysis as there is too much to consider and despite it being a major part of my daily routine, I am not close enough to micro manage.

    I agree and am constantly frustrated by the limitations of the free data sources I have awareness of. The problem is that a DIY investor is not operating on an economy of scale to be able to afford quality data subscriptions. I would love to know where coastline is getting their recent data from.

    Alex
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