How would you invest in your late twenties?

Stu6781

How would you invest as someone being in your late twenties?

I’m looking for long term prospects (15 years+)

Say having £400 a month to use.

Any advice is greatly appreciated 😀

ColdIron

You started a thread a few months ago asking a similar question but with £50K. You received some good answers but never returned. What happened to the £50K and which suggestions did you discard?

Stu6781

Circumstances have changed.

£400 a month is what I’m asking about ��

Peelerfart

When I was in my early twenties I invested that,and more, in booze,cars and girls.

By the time I'd reached your age I'd switched to a mortgage.

Alexland

So what is your investment objective? There more to circumstances than just age.

Stu6781

Objective is to use £400 each month over 15 years to produce the greatest financial outcome. I’m adverse to some risk.

gardner1

£100 Red Lion, £100 Kings Arms, £100 Black Horse and £100 Butchers Arms

Alexland

Stu6781 wrote: »

Objective is to use £400 each month over 15 years to produce the greatest financial outcome. I’m adverse to some risk.

Well if you need access to the money in your mid 40s then that rules out efficient pension or Lifetime ISA wrappers. If you are adverse to even some risk that rules out P2P and S&S investments. So you are condemned to scouring the best buy tables for top cash interest rates which will ultimately give a below inflation return. Grim.

Alex

eskbanker

Stu6781 wrote: »

I’m adverse to some risk.

What does that mean?

You can't avoid risk - you could keep your money in capital-protected cash deposits but these are almost guaranteed to lose real-terms value to inflation, or you could invest without the capital protection, which is likely to deliver better performance but does entail some risk of loss, albeit largely mitigated by holding for the long term.

simonineaston

gardner1 wrote: »

£100 Red Lion, £100 Kings Arms, £100 Black Horse and £100 Butchers Arms

... sounds about right, judging by wot I remember of my yoof - but wot if the original poster doesn't drink?
https://www.theguardian.com/society/2018/oct/10/young-people-drinking-alcohol-study-england

Riff_Raff

Are you planning to buy a house? When?
Do you expect to pay for an expensive wedding? Have children or other dependents?
Any particular reason why 15 years or just like the idea of being rich in your 40s?

I'm 29 and want to buy a house within 5 years so keep my house deposit+costs savings in cash accounts in addition to some easily accessible emergency savings (e.g. I lose my job) and short term savings (car insurance and other big purchases).

Since I have a reasonable deposit saved up (but other conditions aren't right to actually buy), I'm now starting to put some money into investments for the longer term. I have a small SIPP (pension) to supplement my inflexible workplace pension (a closed CARE defined benefit scheme which does not allow additional contributions) where I've invested in a low cost globally balanced 100% equity fund. I also have a stocks & shares ISA (my mid-life crisis fund) which is invested in a lower risk fund than my SIPP since I'm likely to want/need the money sooner than my pension.

Hope this helps.