Vanguard Funds

Alexland

Manesova83 wrote: »

Obviously I do want to own stocks and shares, otherwise I wouldn't have made the decision to invest in them. I'm investing because I assume, like the past, the market will continue to grow. I was just pointing out that there are 'interesting' times ahead to say the least, and these things weigh on my mind when people talk about long-term growth or comfortable retirements. I was interested to know what others think, that's all.

I doubt many people in the future will have the comfortable retirement they imagine with the current low rate of contribution into DC pension schemes. However once someone starts planing against a more realsitic return rate then they should individually be ok.

Alex

Thrugelmir

Manesova83 wrote: »

Does anyone factor this stuff into their long-term outlooks?

Been investing in renewable energy for years. Not always successfully.

seacaitch

Manesova83 wrote: »

All I am saying is that there are several seemingly insurmountable problems that will probably come to a head during this century.

To be fair, the prospect of global thermonuclear annihilation seemed a pretty insurmountable problem in the 1980s, but I note that stocks are substantially higher now than back then.

bostonerimus

seacaitch wrote: »

To be fair, the prospect of global thermonuclear annihilation seemed a pretty insurmountable problem in the 1980s, but I note that stocks are substantially higher now than back then.

Let's play "Global Thermonuclear War"

https://www.youtube.com/watch?v=KXzNo0vR_dU

Sometimes a little fatalism is useful, a little Zen, a little "don't worry be happy". We can't know the future and for every postulation there is another that argues the opposite. All you have to go on is history. So be sensible, play the averages and stay diversified. I'm not saying that you should "Take therefore no thought for the morrow: for the morrow shall take thought for the things of itself", you should think about tomorrow, but don't worry about it so much that it reduces your enjoyment of today.

Of course you have to believe in free will for any of this to have any meaning at all. If what you did yesterday, today and tomorrow are pre-destined then there's no sense in worrying at all.

thickasabrick

You have piqued my curiosity with this statement.

dunstonh wrote: »

The only thing that is happening that could require some short-term attention is if a no-deal Brexit occurs with no measures put in place regarding financial services. If that happens, you will want to sell out of any non UK domiciled funds and switch to UK domiciled funds.

What are the consequences of having a non uk domiciled investment in the event of a no deal regarding financial services with Brexit ?

I've recently been purchasing Vanguard FTSE All-World High Dividend Yield UCITS ETF (GBP) (VHYL). It is domiciled in Ireland but the ETF is trading on the London stock exchange, if my understanding of the terms is correct.

https://www.londonstockexchange.com/exchange/prices-and-markets/stocks/summary/company-summary/IE00B8GKDB10IEGBPETFS.html

FTSE index -
Market Main Market
Market identifier code (MIC) XLON
Trading service SETS
Trading segment ETFS
Listing category -
Country of share register IE
ISIN IE00B8GKDB10
SEDOL B9FH310

http://www.morningstar.co.uk/uk/etf/snapshot/snapshot.aspx?id=0P0000YWPH&tab=4&InvestmentType=FE

dunstonh wrote: »

The only thing that is happening that could require some short-term attention is if a no-deal Brexit occurs with no measures put in place regarding financial services. If that happens, you will want to sell out of any non UK domiciled funds and switch to UK domiciled funds.

It's unlikely that will be an outcome but it is one of the Brexit potential preparations for a no-deal.

As for all other events, it is just business as usual. Nothing to see here.

bostonerimus

Thrugelmir wrote: »

Been investing in renewable energy for years. Not always successfully.

I've been buying index trackers for 30 years; my results have been average.........

Thrugelmir

bostonerimus wrote: »

I've been buying index trackers for 30 years; my results have been average.........

Down to DNA. Some people are simply happy to accept average performance. Others wish to excel.

Iain_For

Thrugelmir wrote: »

Down to DNA. Some people are simply happy to accept average performance. Others wish to excel.

I suspect emotions have more to do with it than DNA.

bostonerimus

Down to DNA. Some people are simply happy to accept average performance. Others wish to excel.

Yes I'll have to settle for retiring at age 52 with a multi-million dollar portfolio and never having to worry about money again.

kidmugsy

I'm all for market timing. If equities are far too high, get out. The problem at the moment is that almost everything else looks high too. At least in late 1999 the clever cookies could buy gilts at reasonable prices.

Small sums could go into high-interest accounts - so at least your emergency cash would currently beat inflation. But big retirement "pots" - tricky. An ETF of TIPS to dilute equity holdings?

Perhaps people of 55 or over would be wise to take some TFLS and clear mortgage debt? Buy Premium Bonds? Use savings accounts even if most won't keep up with inflation? Buy gold sovereigns?