UK based funds - brexit and onwards

Albermarle

masonic said:

Albermarle said:

now the Brexit debacle is settled 

IMO, the recent trade deal is just another step down a long and winding road, and nobody really knows what the long term effect of Brexit will be on UK ( if it still exists ) .

Yes, seems to be the case. Further deals look likely to need negotiating to cover areas this deal misses, it looks like the whole trade deal expires and needs to be renegotiated in 2026, and lots of potential for arbitration and changes/tariffs if either side diverges from the status quo, which they are entirely free to do at any time. Perhaps not atypical of a trade deal with a third country.

The EU and Switzerland are in a state of almost permanent negotiation about one issue or another . I can see the same happening between UK and EU.

AnotherJoe

VXman said:

bowlhead99 said:

Take a step back from being offended and imagine yourself in the shoes of a third party that has come across this thread and wonders what kind of replies it might get. The gist of your opening post was that:......

Thank you for that very lengthy and detailed response. I will read that again a few times to ingest.

On my OP, I wasn't offended but felt I was having a question answered that I didn't ask, and in a critical manner.

Well, you shoudl never ever pose Q on the internet if you dont want that to happen

VXman said:

 What is peoples long term thoughts on investing in UK based funds.' Perhaps I should have said this without  giving anymore detail!

Something to ponder. Your "UK  based" funds. How many of the companies in those funds are reliant on the UK economy and how many are reliant on the world economy? I dont know whats in those funds obviously, but i would hazard a guess that most are large-ish UK companies that happen to have their stock market listing here but sell globally. Yes, sure a few companies might be wholly or mainly in the UK, say house builders and supermarkets for example, but in the main, wont most of them rely on global sales? And therefore, the fact they are domiciled in the UK be an irrelevance? Why not look globally, or sector wise instead of geography, say energy, healthcare, finance whatever rather than pick a random selection of companies on the basis they happen to have their HQ in the UK?

Hopefully this does qualify as a question you specifically asked, and do read BH's post because as per usual there's a lot of wisdom in it, in particular a response to the old canard of "this stock i bought has gone down so I'll wait til it goes up to where i bought it and then sell it" which is a terrible 'strategy' for numerous reasons.

Thrugelmir

Albermarle said:

masonic said:

Albermarle said:

now the Brexit debacle is settled 

IMO, the recent trade deal is just another step down a long and winding road, and nobody really knows what the long term effect of Brexit will be on UK ( if it still exists ) .

Yes, seems to be the case. Further deals look likely to need negotiating to cover areas this deal misses, it looks like the whole trade deal expires and needs to be renegotiated in 2026, and lots of potential for arbitration and changes/tariffs if either side diverges from the status quo, which they are entirely free to do at any time. Perhaps not atypical of a trade deal with a third country.

The EU and Switzerland are in a state of almost permanent negotiation about one issue or another . I can see the same happening between UK and EU.

Switzerland is landlocked by EU member states though. 

masonic

theothersaver said:

Well I have gone the way of Ed Gasket.

Sorry to hear your main account got banned. Who were you?

It must have been a lot of hard work to construct a 12 page document rebutting everything in this thread you disagreed with. I think you've earned your rest. Happy retirement.

Thanks for the detailed analysis of all of those countries and the concentration of their stockmarkets - very interesting. Looks like FTSE100 investing is not particularly worse than single country investing in general. I'm also happy to concede the point on CPI. I had assumed it was >2% over the last 20 years but didn't check. The returns data came from Trustnet, and yes most index trackers had high fees in the 2000s. So the returns over 20 years were zero in real terms, not negative.

BananaRepublic

theothersaver said:

Well I have gone the way of Ed Gasket. So long MSE Forum, here be my parting post debunking all of the usual anti-FTSE 100 myths given by @masonic ,@AnotherJoe , @Moe_The_Bartender , @BananaRepublic , @Malkytheheed , @dunstonh , with reference to @Thrugelmir's beautiful tagline, and perhaps of interest to the all-knowing Saint @bowlhead99 :

drive . google . com/drive/folders/1TbTcWjTS_G-qJcvATnsiCeQu3hWKyF48?usp=sharing

I retire

I’m more than happy to learn, but you didn’t post anything to refute the poor performance of the FTSE 100 over 20+ years, so I guess you’re just a wind bag, giving a nod to a fellow wind bag on the way out. Don’t forget your slippers and pipe. 

BananaRepublic

Moe_The_Bartender said:

theothersaver said:

Moe_The_Bartender said:

theothersaver said:

bowlhead99 said:

theothersaver said:

bowlhead99 said:

masonic said:

theothersaver said:

Well I have gone the way of Ed Gasket.

Sorry to hear your main account got banned. Who were you?

Presumably, Another_Saver who posted on the same topics and has just been banned. And tcallaghan93 and the various ones in between who always said 'what are you talking about' when you mentioned you'd already had the same conversations with their previous accounts.

Another_Saver yes, I don't know who that other account is though. I searched and their account goes back to the middle of last year, it's kind of creepy, sad and stalky how you're obsessed them them. Have you thought about taking a break from the forum if it's having that effect on you?.

They and their other various intermediate accounts liked to talk about the exact same pet topics, from railing against the 'Bitcoin Bros', to regaling us with the stories of their 4 Tesla shares bought and sold at the same times, constructing their portfolio from the same mix of UK-biased tracker funds in the same proportions, tirelessly explaining the difference between FTSE and S&P performance through the concepts of GDP, inflation and speculative return etc, while coincidentally being the same age etc etc .  

Sure, you don't know who that other account and the several other banned accounts with the same characteristics are, it's all just coincidence pointed out by a stalker who must be obsessed. Probably some will believe that. Can we believe you 'won't be returning'? I'm not so sure.  Anyway good luck and see you again soon.

I have reported you for harassment. A break would do you and the forum good.

If you have an actual point to make, make it, and feel free to use all the sarcasm you like.

If you don't have a point to make, why are you replying? Shall I assume that you have finally acknowledged I have proven myself right and you wrong? The lack of a single point in these baseless ad hominem attacks seems to support that conclusion.

All you had to do was say so, so long mate   

You said you wouldn’t be returning and yet here you are again. Please, just go. You have nothing to contribute.

Aside from comprehensively and empirically debunking every common myth about the FTSE 100.

Hands up all those who agree. That’s no one then.

Given that most of us invest our own money, is it really likely, as this person claims, that we’d deliberately play down a good investment opportunity? I’ll let others reach their own conclusions. 

The UK market is a very good investment opportunity, just not the FTSE 100.

dunstonh

theothersaver said:

Moe_The_Bartender said:

theothersaver said:

bowlhead99 said:

theothersaver said:

bowlhead99 said:

masonic said:

theothersaver said:

Well I have gone the way of Ed Gasket.

Sorry to hear your main account got banned. Who were you?

Presumably, Another_Saver who posted on the same topics and has just been banned. And tcallaghan93 and the various ones in between who always said 'what are you talking about' when you mentioned you'd already had the same conversations with their previous accounts.

Another_Saver yes, I don't know who that other account is though. I searched and their account goes back to the middle of last year, it's kind of creepy, sad and stalky how you're obsessed them them. Have you thought about taking a break from the forum if it's having that effect on you?.

They and their other various intermediate accounts liked to talk about the exact same pet topics, from railing against the 'Bitcoin Bros', to regaling us with the stories of their 4 Tesla shares bought and sold at the same times, constructing their portfolio from the same mix of UK-biased tracker funds in the same proportions, tirelessly explaining the difference between FTSE and S&P performance through the concepts of GDP, inflation and speculative return etc, while coincidentally being the same age etc etc .  

Sure, you don't know who that other account and the several other banned accounts with the same characteristics are, it's all just coincidence pointed out by a stalker who must be obsessed. Probably some will believe that. Can we believe you 'won't be returning'? I'm not so sure.  Anyway good luck and see you again soon.

I have reported you for harassment. A break would do you and the forum good.

If you have an actual point to make, make it, and feel free to use all the sarcasm you like.

If you don't have a point to make, why are you replying? Shall I assume that you have finally acknowledged I have proven myself right and you wrong? The lack of a single point in these baseless ad hominem attacks seems to support that conclusion.

All you had to do was say so, so long mate   

You said you wouldn’t be returning and yet here you are again. Please, just go. You have nothing to contribute.

Aside from comprehensively and empirically debunking every common myth about the FTSE 100.

Let us know when you are going to do that.  It will make interesting reading and something we can all discuss.

BananaRepublic

theothersaver said:

dunstonh said:

theothersaver said:

Moe_The_Bartender said:

theothersaver said:

bowlhead99 said:

theothersaver said:

bowlhead99 said:

masonic said:

theothersaver said:

Well I have gone the way of Ed Gasket.

Sorry to hear your main account got banned. Who were you?

Presumably, Another_Saver who posted on the same topics and has just been banned. And tcallaghan93 and the various ones in between who always said 'what are you talking about' when you mentioned you'd already had the same conversations with their previous accounts.

Another_Saver yes, I don't know who that other account is though. I searched and their account goes back to the middle of last year, it's kind of creepy, sad and stalky how you're obsessed them them. Have you thought about taking a break from the forum if it's having that effect on you?.

They and their other various intermediate accounts liked to talk about the exact same pet topics, from railing against the 'Bitcoin Bros', to regaling us with the stories of their 4 Tesla shares bought and sold at the same times, constructing their portfolio from the same mix of UK-biased tracker funds in the same proportions, tirelessly explaining the difference between FTSE and S&P performance through the concepts of GDP, inflation and speculative return etc, while coincidentally being the same age etc etc .  

Sure, you don't know who that other account and the several other banned accounts with the same characteristics are, it's all just coincidence pointed out by a stalker who must be obsessed. Probably some will believe that. Can we believe you 'won't be returning'? I'm not so sure.  Anyway good luck and see you again soon.

I have reported you for harassment. A break would do you and the forum good.

If you have an actual point to make, make it, and feel free to use all the sarcasm you like.

If you don't have a point to make, why are you replying? Shall I assume that you have finally acknowledged I have proven myself right and you wrong? The lack of a single point in these baseless ad hominem attacks seems to support that conclusion.

All you had to do was say so, so long mate   

You said you wouldn’t be returning and yet here you are again. Please, just go. You have nothing to contribute.

Aside from comprehensively and empirically debunking every common myth about the FTSE 100.

Let us know when you are going to do that.  It will make interesting reading and something we can all discuss.

Apologies if I didn't make clear, follow the link below (I can't post links on this account yet hence the spaces in it). The document 'post' is the main text, a supporting spreadsheet and chart is included.
drive.google . com/drive/folders/1TbTcWjTS_G-qJcvATnsiCeQu3hWKyF48?usp=sharing

The link doesn’t work. Is that intended as a metaphor? 

Prism

theothersaver said:

bowlhead99 said:

theothersaver said:

bowlhead99 said:

masonic said:

theothersaver said:

Well I have gone the way of Ed Gasket.

Sorry to hear your main account got banned. Who were you?

Presumably, Another_Saver who posted on the same topics and has just been banned. And tcallaghan93 and the various ones in between who always said 'what are you talking about' when you mentioned you'd already had the same conversations with their previous accounts.

Another_Saver yes, I don't know who that other account is though. I searched and their account goes back to the middle of last year, it's kind of creepy, sad and stalky how you're obsessed them them. Have you thought about taking a break from the forum if it's having that effect on you?.

They and their other various intermediate accounts liked to talk about the exact same pet topics, from railing against the 'Bitcoin Bros', to regaling us with the stories of their 4 Tesla shares bought and sold at the same times, constructing their portfolio from the same mix of UK-biased tracker funds in the same proportions, tirelessly explaining the difference between FTSE and S&P performance through the concepts of GDP, inflation and speculative return etc, while coincidentally being the same age etc etc .  

Sure, you don't know who that other account and the several other banned accounts with the same characteristics are, it's all just coincidence pointed out by a stalker who must be obsessed. Probably some will believe that. Can we believe you 'won't be returning'? I'm not so sure.  Anyway good luck and see you again soon.

I have reported you for harassment. A break would do you and the forum good.

If you have an actual point to make, make it, and feel free to use all the sarcasm you like.

If you don't have a point to make, why are you replying? Shall I assume that you have finally acknowledged I have proven myself right and you wrong? The lack of a single point in these baseless ad hominem attacks seems to support that conclusion.

All you had to do was say so, so long mate   

Its a shame really as I thought the Another_saver version of you was a much more pleasant and helpful alias than the others - and then for some reason you went and raged against the bitcoin followers...

BananaRepublic

theothersaver said:

dunstonh said:

theothersaver said:

Moe_The_Bartender said:

theothersaver said:

bowlhead99 said:

theothersaver said:

bowlhead99 said:

masonic said:

theothersaver said:

Well I have gone the way of Ed Gasket.

Sorry to hear your main account got banned. Who were you?

Presumably, Another_Saver who posted on the same topics and has just been banned. And tcallaghan93 and the various ones in between who always said 'what are you talking about' when you mentioned you'd already had the same conversations with their previous accounts.

Another_Saver yes, I don't know who that other account is though. I searched and their account goes back to the middle of last year, it's kind of creepy, sad and stalky how you're obsessed them them. Have you thought about taking a break from the forum if it's having that effect on you?.

They and their other various intermediate accounts liked to talk about the exact same pet topics, from railing against the 'Bitcoin Bros', to regaling us with the stories of their 4 Tesla shares bought and sold at the same times, constructing their portfolio from the same mix of UK-biased tracker funds in the same proportions, tirelessly explaining the difference between FTSE and S&P performance through the concepts of GDP, inflation and speculative return etc, while coincidentally being the same age etc etc .  

Sure, you don't know who that other account and the several other banned accounts with the same characteristics are, it's all just coincidence pointed out by a stalker who must be obsessed. Probably some will believe that. Can we believe you 'won't be returning'? I'm not so sure.  Anyway good luck and see you again soon.

I have reported you for harassment. A break would do you and the forum good.

If you have an actual point to make, make it, and feel free to use all the sarcasm you like.

If you don't have a point to make, why are you replying? Shall I assume that you have finally acknowledged I have proven myself right and you wrong? The lack of a single point in these baseless ad hominem attacks seems to support that conclusion.

All you had to do was say so, so long mate   

You said you wouldn’t be returning and yet here you are again. Please, just go. You have nothing to contribute.

Aside from comprehensively and empirically debunking every common myth about the FTSE 100.

Let us know when you are going to do that.  It will make interesting reading and something we can all discuss.

Apologies if I didn't make clear, follow the link below (I can't post links on this account yet hence the spaces in it). The document 'post' is the main text, a supporting spreadsheet and chart is included.
drive.google . com/drive/folders/1TbTcWjTS_G-qJcvATnsiCeQu3hWKyF48?usp=sharing

Everything I want to say is in the document.

I get a graph with no y axis label, hence it’s meaningless, and two documents I can’t open. Look, I’ve seen historical return curves of the FTSE 100 going back 20+ years showing mediocre returns. Many years ago I stupidly invested in FTSE 100 index funds. It’s a stinker.