Damien Fahy's 80-20 Investor - thoughts?

cska

Hello everyone,

Was just wondering if anyone has experience of using Damien Fahy's 80-20 Investor tool on Moneytothemasses.com. Appears to be subscription based analysis and best buys for investments. As a novice to the world of investing (have dipped into Robo-investing and considered Vanguard LS over the last couple of years), does anyone have experience of using 80-20 alongside a platform like Hargreaves Lansdown?

Only reviews I can see on the service have been published on Damien's website itself which are obviously all glowing. But was after some practical advice on whether it's useful/you would recommend or any other thoughts for me as a relatively new investor with a good risk appetite, looking to regularly invest over the next 15-20 years minimum to max out returns.

Thanks

benbay001

cska wrote: »

But was after some practical advice

Don't buy other peoples recommendations


You're welcome.

Alexland

You appear to have stumbled upon a third rate version of Martin Lewis. The website for his 80-20 momentum investing tips seems to be a load of hype which has not been detailed or undergone any third party scrutiny. It's not possible to determine the risk he has taken to achieve the gains he is suggesting. I wouldn't touch this with a barge pole.

Get yourself over to Vanguard Investor as your VLS idea was much better.

Alex

bostonerimus

You will fail if you are "looking to max out returns". Most people selling investing strategies or ideas are con artists as the good investor can make money actually investing their own money rather than taking money off other people.

I've made millions of $$ over 30 years of investing and I'll tell you how to do it for free...and I really mean that rather than saying it and then trying to sell subscriptions.

1) Be frugal and spend lots less than you earn
2) Put as much money as you can into your pension and ISA.
3) Invest in a low cost diversified index tracker portfolio...some folks like to have some active funds and if you are one of them keep them simple and not too exotic.
4) Do that for 30 years

AnotherJoe

cska wrote: »

Hello everyone,

Was just wondering if anyone has experience of using Damien Fahy's 80-20 Investor tool on Moneytothemasses.com. Appears to be subscription based analysis and best buys for investments.

A) no one can sell tips like that and beat the markets indefinitely.
if they could they sure as hell wouldn't need to peddle tips on a website.

juststuff123

I looked into this recently too. His daily emails all made sense until it got to the type of investing he was pushing then I couldn't make heads nor tails of it, at which point I started to hear alarm bells. That's when I stopped listening and decided to stick with my own judgement.

DrSyn

1. You would do well taking heed of the previous posts, especially numbers 4 & 5.


2. As you as you are new to investing, I suggest to watch the two videos below:-

http://www.kroijer.com/

https://www.ifa.com/indexfundsthemovie/


3. Also take a look at Multi-Asset Funds.

From looking around the options seem to be:

Vantage Life Strategy
HSBC Global Strategy
L&G Multi Index Funds
Blackrock Consensus
Architas Passive

These have wide diversification while minimising risk, at low cost.

Life Strategy seems the most often mentioned. The 60% shares/ 40 % bonds seems to me pretty much a "fire and forget" option.

There is also Fidelity Multi Asset Allocator

Baillie Gifford Managed. Holds individual shares, rather than index funds.

cska

DrSyn wrote: »

1. You would do well taking heed of the previous posts, especially numbers 4 & 5.


2. As you as you are new to investing, I suggest to watch the two videos below:-

http://www.kroijer.com/

https://www.ifa.com/indexfundsthemovie/


3. Also take a look at Multi-Asset Funds.

From looking around the options seem to be:

Vantage Life Strategy
HSBC Global Strategy
L&G Multi Index Funds
Blackrock Consensus
Architas Passive

These have wide diversification while minimising risk, at low cost.

Life Strategy seems the most often mentioned. The 60% shares/ 40 % bonds seems to me pretty much a "fire and forget" option.

There is also Fidelity Multi Asset Allocator

Baillie Gifford Managed. Holds individual shares, rather than index funds.

Alexland wrote: »

You appear to have stumbled upon a third rate version of Martin Lewis. The website for his 80-20 momentum investing tips seems to be a load of hype which has not been detailed or undergone any third party scrutiny. It's not possible to determine the risk he has taken to achieve the gains he is suggesting. I wouldn't touch this with a barge pole.

Get yourself over to Vanguard Investor as your VLS idea was much better.

Alex

Thank you guys. Like you all said, I am new to this so it's helpful to know not to waste my money chasing big investments when it looks likely that over time, most investments will equal out to about the same return. In terms of where I should go, you all mentioned multi-asset funds or trackers. Which platform do you recommend using for an initial amount + monthly drip-feeding (e.g. £10,000 lump sum and a monthly pay in?). Have looked around and whilst Vanguard has lowest fees, you can't diversify more than the funds that it offers. So while I'm interested in VLS I wouldn't mind investing in some of the other funds you mentioned. Is Hargreaves Lansdown the best for what I am proposing to do?

Thanks again for your invaluable advice

bostonerimus

Any of the large respectable platforms will work. FYI Vanguard does not allow you to buy other funds on it's platform, but that's not an issue in most circumstances as you have plenty of choice within the Vanguard family of funds. Of course if you want to buy something like Fundsmith you'll have to use other platforms like H&L

Rollinghome

cska wrote: »

But was after some practical advice on whether it's useful/you would recommend or any other thoughts for me as a relatively new investor

When I was a kid my father used to take me to Epsom Downs every year to watch the Derby.

One of the highlights was to see Prince Monolulu who was a famous tipster; a huge man who travelled the country wearing colourful gowns and an ostrich-feather head-dress. His famous call was "I gottan 'orse". He claimed to be a chief of the Falasha tribe (and a few other things).



He had been a wrestler and fire-eater in a circus at one time and had once won a huge amount of money betting on an outsider which had made him so famous that he decided to sell tips for a living. Sadly, he never had that luck again and had to continue as a tipster into old age and earn extra money from a stall in Petticoat Lane.

He died aged 84 after choking on a strawberry-cream chocolate.

If you are going to pay any tipster then find one like Prince Monolulu, who even if his tips weren't any good, was worth it for the entertainment.

Or take the advice of earlier posters - for free.

Alexland

cska wrote: »

Which platform do you recommend using for an initial amount + monthly drip-feeding (e.g. £10,000 lump sum and a monthly pay in?). Have looked around and whilst Vanguard has lowest fees, you can't diversify more than the funds that it offers. So while I'm interested in VLS I wouldn't mind investing in some of the other funds you mentioned. Is Hargreaves Lansdown the best for what I am proposing to do?

At £10k plus a monthly contribution you would be better with a percentage based S&S ISA platform for a few years and if you need a broader fund selection than Vanguard Investor can offer at a 0.15% platform fee then consider Cavendish at a 0.25% platform fee. HL are expensive at 0.45%. Once you get to £25k then consider transferring to fixed price Halifax Share Dealing at £12.50 pa and £2 per scheduled trade (£36.50 pa).

Personally my view is that a single Vanguard fund can offer sufficient diversity (with thousands of underlying holdings) for most people's needs. If you also invested in HSBC Global Strategy or Blackrock Consensus there would be a huge overlap - you might as well chose just one mixed asset fund per account.

bostonerimus wrote: »

Of course if you want to buy something like Fundsmith you'll have to use other platforms like H&L

You don't need to use a platform to access Fundsmith as they accept customers directly. Still it is a concentrated higher risk investment than a mixed asset fund so probably not suitable for most people.

Alex