Instead of NS&I income bonds?

masonic

beeza650 said:

masonic said:

The cheapest equivalent option would be investing through a low cost investment platform (e.g. iWeb, but several other cheap options exist) into a multi-asset fund like L&G Multi Index, HSBC global strategy, Vanguard lifestrategy, etc. Total cost would be about a third of what you'd pay at Moneyfarm.

ok so I'm about to invest using my iWeb account (having some issues getting to recognise my new debit card).
Do I stick it all 70k in VVLSRE Vanguard LifeStrategy 80% Equity Accumulation Fund or chose some other similar funds (or another strategy)? Thanks

Nobody here can tell you what to invest in, but if you've looked into the various options mentioned and selected Vanguard, and have chosen the 80% equity version based on the results of the risk questionnaire you took over at Moneyfarm, then yes the fund is designed to be held as a single holding. There are a few niche things that could be held alongside it to complement it, such as a property fund, extra exposure to emerging markets, or smaller companies, but these things are not necessary and may not provide any benefit.

beeza650

Deleted_User said:

beeza650 said:

masonic said:

The cheapest equivalent option would be investing through a low cost investment platform (e.g. iWeb, but several other cheap options exist) into a multi-asset fund like L&G Multi Index, HSBC global strategy, Vanguard lifestrategy, etc. Total cost would be about a third of what you'd pay at Moneyfarm.

ok so I'm about to invest using my iWeb account (having some issues getting to recognise my new debit card).
Do I stick it all 70k in VVLSRE Vanguard LifeStrategy 80% Equity Accumulation Fund or chose some other similar funds (or another strategy)? Thanks

@masonic

If it helps I started investing with Vanguard about 8 months ago. I put some in Vanguard lifeStrategy 80% equity and chose a few separate ETF funds. If you have any basic questions let me know:)

Thanks, yes could you say why you chose to additional ETF funds please?

beeza650

masonic said:

beeza650 said:

masonic said:

The cheapest equivalent option would be investing through a low cost investment platform (e.g. iWeb, but several other cheap options exist) into a multi-asset fund like L&G Multi Index, HSBC global strategy, Vanguard lifestrategy, etc. Total cost would be about a third of what you'd pay at Moneyfarm.

ok so I'm about to invest using my iWeb account (having some issues getting to recognise my new debit card).
Do I stick it all 70k in VVLSRE Vanguard LifeStrategy 80% Equity Accumulation Fund or chose some other similar funds (or another strategy)? Thanks

Nobody here can tell you what to invest in, but if you've looked into the various options mentioned and selected Vanguard, and have chosen the 80% equity version based on the results of the risk questionnaire you took over at Moneyfarm, then yes the fund is designed to be held as a single holding. There are a few niche things that could be held alongside it to complement it, such as a property fund, extra exposure to emerging markets, or smaller companies, but these things are not necessary and may not provide any benefit.

okey doke - thanks - wish I'd pulled my finger and done this straight after the sodding vaccine  and election announcements

beeza650

I've done a bit of research - bearing in mind I'm happy to choose the 80% version of the Vanguard fund I've decided to put half in HSBC Global Strategy Adventurous. Now my next "issue" to deal with is £62k in a Hargreaves Lansdown SIPP split across three funds. Merian UK Alpha doesn't look like it's done great whereas my Fundsmith Equity and Lindsell Train Equity are fine.
Fundsmith performance over past years to date is 28.42% 27.64% 9.00% 15.79% 20.04% ....that spanks the Vanguard and HSBC I just bought ....hmmmm....thoughts?

masonic

beeza650 said:

Fundsmith performance over past years to date is 28.42% 27.64% 9.00% 15.79% 20.04% ....that spanks the Vanguard and HSBC I just bought ....hmmmm....thoughts?

There are thousands of funds investing in different sectors and in different styles, so the result will always be that some funds perform relatively better and others relatively worse depending on the economic situation, current trends and luck. Past performance is no guide to the future, so funds that have done very well in the past may be poor performers in the future. It is extremely rare for a fund to be a top performer at all times, and some knowledge and experience is needed to stand any chance of picking the right fund for the right time, some consider it near impossible.

Fundsmith is a high conviction fund based on a specific strategy, so is higher risk than a more diversified alternative. That risk has been rewarded over the past few years. Funds like the Vanguard and HSBC funds you just bought do not attempt to outperform, they just capture the market performance with the minimum fees. That will give you average performance before fees in the areas those funds capture, and somewhat above average performance after fees are taken into account.