passive investing

Prism

buyhighselllow wrote: »

Correct, I don't really buy into the Bond thing. I prefer cash in savings fixed or rotated through savings/regular savings as the " "secure" part of my holdings.

A few problems with that approach. Firstly you can't access those things if your investments are inside a pension. Also they don't scale especially well when the amounts get large. Regular savings accounts are pointless. Also the performance isn't typically as good over the long term as a mix of bond funds

fred246

IanManc wrote: »

Unfortunately the thread doesn't live up to your warped misrepresentation of it, because the IFA who contributed actually suggested - in posts 19 and 22 - that the enquirer should invest in a single multi-asset fund, rather than anything "really complicated".

I am sorry I didn't quite catch exactly which fund was recommended. Can you please tell me? The IFAs seem to do a lot of "Ooh there are better funds" without actually saying which ones they recommend. The implication is that you have to go to the IFA to be told.

A_T

fred246 wrote: »

I am sorry I didn't quite catch exactly which fund was recommended. Can you please tell me? The IFAs seem to do a lot of "Ooh there are better funds" without actually saying which ones they recommend. The implication is that you have to go to the IFA to be told.

I don't think it was that it was more that we're not supposed to give specific advice on here.

Prism

fred246 wrote: »

I am sorry I didn't quite catch exactly which fund was recommended. Can you please tell me? The IFAs seem to do a lot of "Ooh there are better funds" without actually saying which ones they recommend. The implication is that you have to go to the IFA to be told.

How can anyone really recommend a fund without knowing someones risk profile and goals? I mean I know that many of us do that since there is no comeback on us - we are just randoms on the internet. However an IFA can't be seen to be randomly suggesting funds

Aminatidi

As a newb I think what fred's getting at is also my perception which is that if you're an IFA you may not be able to recommend a fund, that makes sense, but there does seem to be a sort of "I can't recommend a fund but if I did it would probably be something totally different to the ones under discussion" air to some posts.

I notice it more on this forum than on other forums, perhaps because there are more IFA types here, not sure.

Prism

Aminatidi wrote: »

As a newb I think what fred's getting at is also my perception which is that if you're an IFA you may not be able to recommend a fund, that makes sense, but there does seem to be a sort of "I can't recommend a fund but if I did it would probably be something totally different to the ones under discussion" air to some posts.

I notice it more on this forum than on other forums, perhaps because there are more IFA types here, not sure.

To me it seems that the general suggestion is that if the individual wants something simple or has a smaller amount then they get something simple. If the individual has more complex needs such as a desire for lower volatlity, higher gains, changing requirements over time or specific targets then they might get something more complex.

Speaking only for myself, not a single multi asset fund meets my requirements so if I couldn't do it myself I would use an IFA. To do it myself I have spent the last 4 years or so reading up about and trying to understand investing theory, risk and drawdown models. Not everybody has the time nor desire to do this.

bradqwer

IanManc wrote: »

That is not "the implication" - it is just your gloss on what is being said.



There are many of these, with different components and levels of risk, but the IFA who contributed gave a pointer to the type of fund which would be appropriate, and couldn't do more without more information which is specific to the enquirer's own circumstances.


However, the IFA did suggest a low cost category of investments which the enquirer can research themselves. That was an entirely reasonable, and appropriate, thing to do.

The IFA was helpful and did nothing wrong, and you are just prejudiced against IFAs.

Could you please point out the suggestions I feel I may have missed them in the thread and currently not able to look over the entire thread again

atush

bradqwer wrote: »

Sorry I thought I had replied to your previous response.

Currently I am working with family, I have money saved aside for crisis situations and I pay into a private pension that SHOULD give me a desirable income if i ever reach that age.

What I'm looking for is some form of fund that I dont have to spend hours looking at breakdowns etc and worry about it having the right % of eq versus bonds etc etc

Just something I can chuck my money at on a monthly basis, that has a decent risk vs reward that I can look at every six months and hopefully see some growth no matter how small.

As fool hardy as it sounds the money wouldnt be missed and would be long term so a high risk with good upside would be interesting.

NOT saying I would want it to go tits up but hopefully you get the gist of my approach

Then yes a Multi asset fund like Vanguard would suit you. i would sugget for your age, and for 30 years or so, a high equity one would suit.

But we have no idea of your capacity for loss, and if you would panic sell in a downturn.

bradqwer

IanManc wrote: »

Here they are.

Thanks will look into that

bradqwer

atush wrote: »

Then yes a Multi asset fund like Vanguard would suit you. i would sugget for your age, and for 30 years or so, a high equity one would suit.

But we have no idea of your capacity for loss, and if you would panic sell in a downturn.

Cheers for the reply I am siding with the VG80 as I'm happy with the simplicity along with the risk/reward potential.

One question I have just had a read of the LISA which I believe you can invest up to £6k per year this is roughly what Ill try to invest per year but it will be a retirement fund as I doubt my ability to ever purchase a house.

Is the LISA strictly a cash saving scheme or would i be better served buy wrapping the investments in a S&S Isa as I see the LISA gives u a yearly bonus?