FTSE 100 still unpopular

NottinghamKnight

Alexland said:

NottinghamKnight said:

And how much were you paying for a tracker in the late nineties, costs have come down hugely of course, mainly uk centred as well. 

Of course probably over 1% for a FTSE100 tracker direct with the fund manager but it's now costing me around 1/10th of that to hold a global tracker in my inactive iWeb account.

Exactly, they weren't exactly the good old days in many ways. These young whippersnappers just don't know how easy they've got it (now where have I heard that before).

Moe_The_Bartender

itwasntme001 said:

TBC15 said:

itwasntme001 said:

TBC15 said:

itwasntme001 said:

I sold mine at the peak last year.

Nice timing, but was it worth the bother?

Total return was nearly 40% so, whilst not even average in terms of performance when compared to the rest of my portfolio, it did provide some much needed diversity.

I am pretty tech heavy as well as generally "growth" heavy.  I am only in my 30s but i feel I do not need to take that much risk as my portfolio size is into the 7-figures.  Given the great gains we have had in recent years, I am looking to transition more of my portfolio over to CGT and PNL.  Some may think I am crazy given I have decades of growth ahead, but its just how I am

7 figures and only 30, what made you step off the gas? I’m retired and still feel the need to go for it.

Closer to 40 than 30

For me I just want to concentrate on my career rather than be worried about how my stock portfolio is performing (and at what point to get out of today's winners - because they certainly will not be tomorrows winners....) so am looking to simplify holdings and become a lot more balanced in terms of risk.  Moving towards max 40-50% in public equities I think makes a lot of sense.  I wish I could access private equity because that is where the big money is made but alas I am not rich enough.

Not sure what you mean. I access private equity through HVPE and MERI and there's plenty more choice like HGT, 3i and PIN.

talexuser

I remember when Virgin launched their FTSE100 tracker in the UK with huge publicity at 0.5% fee, which at the time was cheap. You had to search around for initial fee discounts on active funds, otherwise some took 5% off the top before even investing in the fund. I was never tempted by the Virgin, there were still enough great performing funds worth the fees that did much better. They kept that 0.5% fee for a long time into the ultra low fee era too.