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Investment management

Hi,

even if in hard moments, I decided to invest.
Currently learning all the needful, in the meanwhile, I've done the easy part:

Holdings Current weight
LifeStrategy 40% Equity Fund - Accumulation 12.59
LifeStrategy 60% Equity Fund - Accumulation 12.55
LifeStrategy 80% Equity Fund - Accumulation 12.51
FTSE 100 UCITS ETF (VUKE) 12.01
FTSE 250 UCITS ETF (VMID) 12.09
FTSE All-World UCITS ETF (VWRL) 12.28
S&P 500 UCITS ETF (VUSA) 11.88
U.S. Equity Index Fund - Accumulation 12.52

SUM
98.43

* The goal is do not park my money in my bank account every month, so I decided to invest, what I'm investing is what I can even 100% lose, so not bad ah? I think this is the starting point.

All you see above is managed by Vanguard, so, they do the job for me regarding LifeStrategy.


* Alongside, I would like to choose something more, where the knowledge permit, what do you suggest? (considering that I didn't put all my capital in Vanguard)
The idea is blue chip companies, I work in IT so that would be my playground, but let's be serious, they are in a big bubble and I don't know how to read entirely the balance sheet etc, I see potential mistakes here.
On the other side, one day I need to start anyway.

* Which books do you recommend to get strong knowledge?
Currently in plan: The Intelligent Investor

* There is a chance also for day trade, or similar short time frames, but I think I wouldn't have the time to follow up, too much time consuming and very high risk anyway.
«1345

Comments

  • RobHT
    RobHT Posts: 348 Forumite
    100 Posts Second Anniversary Name Dropper
    Every month I feed all these funds.

    But these 2 receive double monthly top up.

    LifeStrategy 60% Equity Fund - Accumulation12.55
    LifeStrategy 80% Equity Fund - Accumulation12.51

    My question is: how do I determine when to buy with these long term plan investments?
    Should I just setup a direct debit or should I decide based on some criteria?
  • Rich1976
    Rich1976 Posts: 618 Forumite
    Part of the Furniture 500 Posts Name Dropper Combo Breaker
    Why do you hold so many different funds? Most of these would just duplicate what the life strategy funds do as that is what they invest in?
    As regards your contribution question it is easy to set up a direct debit for whatever date each month and then you can always do adhoc payments whenever u like on top
  • Audaxer
    Audaxer Posts: 3,547 Forumite
    Seventh Anniversary 1,000 Posts Name Dropper
    RobHT said:
    Every month I feed all these funds.

    But these 2 receive double monthly top up.

    LifeStrategy 60% Equity Fund - Accumulation12.55
    LifeStrategy 80% Equity Fund - Accumulation12.51

    My question is: how do I determine when to buy with these long term plan investments?
    Should I just setup a direct debit or should I decide based on some criteria?
    Your portfolio seems overly-complicated with too many funds. I would roughly estimate that you are currently a bit over 80% equities with your portfolio, so I think having it all in VLS80 would give you better diversification and most likely provide a better long term outcome, especially if you are contributing to that one fund every month, and have a long-term accumulation time frame ahead of you.
  • dunstonh
    dunstonh Posts: 118,599 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    The selection is a mess.  no structure and picking multiple VLS funds is pointless.   Its like you decided to spread it across random funds offered by Vanguard.
    I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.
  • ColdIron
    ColdIron Posts: 9,642 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    I would ditch 7 of those and choose a single Lifestrategy
  • RobHT
    RobHT Posts: 348 Forumite
    100 Posts Second Anniversary Name Dropper
    First of all, thanks to everyone, I'm gonna reply soon to your messages.

    Another idea was to invest in bank stocks, they are in complete crash in UK, apparently, no one paid loans back.
    But as long as daddy will print money again, it should go up again, this is something I consider high risk because of the bank figure, but I quite trust that the people will pay back rather than go in serious troubles, + the economy is ramping up to the previous level.
    I would sell as soon as reaches out the previous value, looking graphs, they just mess up rather than grow.
  • ZeroSum
    ZeroSum Posts: 1,135 Forumite
    Fifth Anniversary 1,000 Posts Name Dropper
    As you've got roughly same amounts in  LS40, LS60 & LS80, the LS40 & LS80 average out into LS60, so you might as well move your LS40 & LS80 accounts into LS60 unless there's a specific reason you want them separate 
  • dunstonh
    dunstonh Posts: 118,599 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    Another idea was to invest in bank stocks, 

    If the UK and EU are heading into Japanification, the last place you want to be is the banks.

    they are in complete crash in UK

    No they are not.

    , apparently, no one paid loans back.

    How do you explain those that are?

    I would sell as soon as reaches out the previous value, looking graphs, they just mess up rather than grow.

    And if Japanification happens, you will have a long wait.

    If you are going to hold shares, then you should never hold a single sector and you really need to have a reasonable understanding of economics.

    I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Why mix VLS with other Vanguard specific US funds ?  
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