Investing during Brexit

dividendhero

Filo25 wrote: »

I don't disagree with much of what you have said (although I think after getting through the Brexit madness an ERG takeover of the UK would probably be pretty good for equities, with some rather "business friendly" policies).

My gut for now remains that Britain is a firmly divided country the polls have barely moved for months now, given I don't much care for the direction either major party is going in, I am all in favour of finely balanced parliaments with weak governments unable to push through anything controversial.

It also appears Labour may be about to come out in favour of Customs Union membership , if they do I don't think the government has the votes in Parliament to avoid eventually following that path.

I think ultimately it might well come to a choice between Rees-Mogg and Corbyn.

I've never voted Labour in my life, and being quite wealthy and middle aged not really a typical Labour voter - but given the choice between Corbyn & Rees-Mogg I'd go for Corbyn any day of the week. I really do intensely dislike Rees-Mogg and everything he represents.

I think the divisions in the country are now a bigger issue than Brexit itself, Maybot and the bunch of fools that is her cabinet have done absolutely nothing to unify the country. I think the situation is now even worse than the early seventies - I think only way it'll begin to be cleared up if both Labour and Tories go for more viable leaders - Ruth Davidson vs Chukka Umuna would be as good as it gets these days

economic

Maybe investing for just income is not a good idea:

https://www.youtube.com/watch?v=lfR13FPoCyU

sixpence.

Hello - sorry to not have replied, have been meaning to. Hectic week or so.

I've been looking into managed funds a bit such as the following:

MI MITON CAUTIOUS MONTHLY INCOME CLASS B - INCOME
BLACKROCK GLOBAL MULTI ASSET INCOME CLASS D - INCOME

I've decided I want my portfolio to be lower on the UK (maybe 20% max) as my growth portfolio already contains about 22% UK equities.

Everyone keeps saying that yield includes charges. For example the Blackrock fund says 4.34% yield - so is that what I get in total? I'm going to call Hargreaves next week and ask.

I want to start with a 20K investment this year. It feels unwise to put that all into one fund although the funds themselves are very diversified.

Does anyone have any top tips for how to chose a fund? I'm going to make myself a little guide and then go for it.

sixpence.

I've just seen the Blackrock has a really low trust.net rating so maybe not that one but uh, another one similar to it.

sixpence.

Bumping this up because it went to page 3 in 24 hours.... hope that's not annoying, I still want to chat about this if anyone's got something to feed in