The old gold rule to do it by yourself

RobHT

Malthusian said:

Thrugelmir said:

AnotherJoe said:

Malthusian said:

Buffet has said almost as many things that he never said as Winston Churchilll. "If you buy index trackers, it's a big mistake, if you buy funds, it's a minor big mistake" makes zero sense. Index trackers = funds, and that's just for starters. We're in not-even-wrong territory. Sometimes people post threads so others can correct their misconceptions and sometimes it's very difficult to make out what the misconceptions even are.

There is no evidence that anyone can consistently beat the market. Most punters who try it, especially on the likes of Trading212 and HL, lose money.

Yep, Buffet has  publicly said that when he dies his wife should put 90% of the money in index funds and also had a bet a few years ago with a managed fund manager that over a 10 year period the index would beat the fund managers fund. He won the bet. (From memory the prize was $1M)

More specifically S&P 500 index funds.  Always interesting how the spoken word progressively gains a reinterpretation as it passes through a number of hands. 

To the average American an S&P 500 fund is a global equity tracker. [/racism] The risk of the USA having a "lost decade" a la Japan was arguably unthinkable for much of Buffett's youth and middle age due to its significance in the global developed capitalist economy. With the fall of the Iron Curtain and the rise of Asia Pacific and emerging markets, that is no longer such a safe assumption.

That's a good reason nowadays to think about funds, but with the spread, geo-dominance issues and the fact that you will never know these markets very well (too much time consuming), I think every fund highly diversified in all the continents is just a risk as to risk in your own land/side, same for investing in stocks manually.

RobHT

Thrugelmir said:

Malthusian said:

Thrugelmir said:

AnotherJoe said:

Malthusian said:

Buffet has said almost as many things that he never said as Winston Churchilll. "If you buy index trackers, it's a big mistake, if you buy funds, it's a minor big mistake" makes zero sense. Index trackers = funds, and that's just for starters. We're in not-even-wrong territory. Sometimes people post threads so others can correct their misconceptions and sometimes it's very difficult to make out what the misconceptions even are.

There is no evidence that anyone can consistently beat the market. Most punters who try it, especially on the likes of Trading212 and HL, lose money.

Yep, Buffet has  publicly said that when he dies his wife should put 90% of the money in index funds and also had a bet a few years ago with a managed fund manager that over a 10 year period the index would beat the fund managers fund. He won the bet. (From memory the prize was $1M)

More specifically S&P 500 index funds.  Always interesting how the spoken word progressively gains a reinterpretation as it passes through a number of hands. 

To the average American an S&P 500 fund is a global equity tracker. [/racism] The risk of the USA having a "lost decade" a la Japan was arguably unthinkable for much of Buffett's youth and middle age due to its significance in the global developed capitalist economy. With the fall of the Iron Curtain and the rise of Asia Pacific and emerging markets, that is no longer such a safe assumption.

The 80's was a lost decade. S&P underperformed both inflation and cash. Buffet spent the end of the decade buying Coca Cola and cementing his reputation for posterity. Have to be both brave and conviction to hold 40% of your portfolio in a single a stock. Likewise who remembers when IBM (PC launch) and General Electric dominated the index. 

Not sure how his portfolio looked like at that time, but I haven't in plan to put 40% of my candies on one company, even if time to time, due to opportunities, I may reach that percentage, but it has its own short time.

[Deleted User]

RobHT said:

Malthusian said:

Thrugelmir said:

AnotherJoe said:

Malthusian said:

Buffet has said almost as many things that he never said as Winston Churchilll. "If you buy index trackers, it's a big mistake, if you buy funds, it's a minor big mistake" makes zero sense. Index trackers = funds, and that's just for starters. We're in not-even-wrong territory. Sometimes people post threads so others can correct their misconceptions and sometimes it's very difficult to make out what the misconceptions even are.

There is no evidence that anyone can consistently beat the market. Most punters who try it, especially on the likes of Trading212 and HL, lose money.

Yep, Buffet has  publicly said that when he dies his wife should put 90% of the money in index funds and also had a bet a few years ago with a managed fund manager that over a 10 year period the index would beat the fund managers fund. He won the bet. (From memory the prize was $1M)

More specifically S&P 500 index funds.  Always interesting how the spoken word progressively gains a reinterpretation as it passes through a number of hands. 

To the average American an S&P 500 fund is a global equity tracker. [/racism] The risk of the USA having a "lost decade" a la Japan was arguably unthinkable for much of Buffett's youth and middle age due to its significance in the global developed capitalist economy. With the fall of the Iron Curtain and the rise of Asia Pacific and emerging markets, that is no longer such a safe assumption.

That's a good reason nowadays to think about funds, but with the spread, geo-dominance issues and the fact that you will never know these markets very well (too much time consuming), I think every fund highly diversified in all the continents is just a risk as to risk in your own land/side, same for investing in stocks manually.

Quite. 
My inclination would be to distil your choices to four individual shares. 
Aside from anything, it will clarify how your investments are working for you.

RobHT

ZingPowZing said:

RobHT said:

Malthusian said:

Thrugelmir said:

AnotherJoe said:

Malthusian said:

Buffet has said almost as many things that he never said as Winston Churchilll. "If you buy index trackers, it's a big mistake, if you buy funds, it's a minor big mistake" makes zero sense. Index trackers = funds, and that's just for starters. We're in not-even-wrong territory. Sometimes people post threads so others can correct their misconceptions and sometimes it's very difficult to make out what the misconceptions even are.

There is no evidence that anyone can consistently beat the market. Most punters who try it, especially on the likes of Trading212 and HL, lose money.

Yep, Buffet has  publicly said that when he dies his wife should put 90% of the money in index funds and also had a bet a few years ago with a managed fund manager that over a 10 year period the index would beat the fund managers fund. He won the bet. (From memory the prize was $1M)

More specifically S&P 500 index funds.  Always interesting how the spoken word progressively gains a reinterpretation as it passes through a number of hands. 

To the average American an S&P 500 fund is a global equity tracker. [/racism] The risk of the USA having a "lost decade" a la Japan was arguably unthinkable for much of Buffett's youth and middle age due to its significance in the global developed capitalist economy. With the fall of the Iron Curtain and the rise of Asia Pacific and emerging markets, that is no longer such a safe assumption.

That's a good reason nowadays to think about funds, but with the spread, geo-dominance issues and the fact that you will never know these markets very well (too much time consuming), I think every fund highly diversified in all the continents is just a risk as to risk in your own land/side, same for investing in stocks manually.

Quite. 
My inclination would be to distil your choices to four individual shares. 
Aside from anything, it will clarify how your investments are working for you.

Only 4? I don' get it .
20-40 I can manage, more than that no.

I follow IPOs, emerging techs, markets and environments that I can understand and have people around in somehow, I know what they can and how they can fail, I know the rivals and I understand the underlying business, probably better called in another way but I don't recall the term.
4 is way too risky, also boring I would say, as example, I already invest in more than 4 sectors, so what the hell is that...

coyrls

RobHT said:

ZingPowZing said:

RobHT said:

Malthusian said:

Thrugelmir said:

AnotherJoe said:

Malthusian said:

Buffet has said almost as many things that he never said as Winston Churchilll. "If you buy index trackers, it's a big mistake, if you buy funds, it's a minor big mistake" makes zero sense. Index trackers = funds, and that's just for starters. We're in not-even-wrong territory. Sometimes people post threads so others can correct their misconceptions and sometimes it's very difficult to make out what the misconceptions even are.

There is no evidence that anyone can consistently beat the market. Most punters who try it, especially on the likes of Trading212 and HL, lose money.

Yep, Buffet has  publicly said that when he dies his wife should put 90% of the money in index funds and also had a bet a few years ago with a managed fund manager that over a 10 year period the index would beat the fund managers fund. He won the bet. (From memory the prize was $1M)

More specifically S&P 500 index funds.  Always interesting how the spoken word progressively gains a reinterpretation as it passes through a number of hands. 

To the average American an S&P 500 fund is a global equity tracker. [/racism] The risk of the USA having a "lost decade" a la Japan was arguably unthinkable for much of Buffett's youth and middle age due to its significance in the global developed capitalist economy. With the fall of the Iron Curtain and the rise of Asia Pacific and emerging markets, that is no longer such a safe assumption.

That's a good reason nowadays to think about funds, but with the spread, geo-dominance issues and the fact that you will never know these markets very well (too much time consuming), I think every fund highly diversified in all the continents is just a risk as to risk in your own land/side, same for investing in stocks manually.

Quite. 
My inclination would be to distil your choices to four individual shares. 
Aside from anything, it will clarify how your investments are working for you.

I follow IPOs, emerging techs, markets and environments that I can understand and have people around in somehow, I know what they can and how they can fail, I know the rivals and I understand the underlying business, probably better called in another way but I don't recall the term.

I have my doubts.