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  • Just put it into VLS40.


  • You can pay for advice but it will land in the same area, with no expectation of exceeding VLS40 ; in fact, the leeching effect of an attendant financial adviser would project less for you, long term. 
  • Steve182
    Steve182 Posts: 623 Forumite
    Fourth Anniversary 500 Posts Photogenic Name Dropper
    maxsteam said:
    Hi, new here and hoping you guys can steer me in the right direction.
    Basically I have a £5000 lump sum and around £400 per month to invest. Happy to tie this in for 10 years. Had a look around the various threads and pretty much not sure where to start with it. I am not looking to spend too much time on it and would prefer an "off the shelf" option.
    You should look for advice elsewhere.

    There's nothing wrong with reading these boards but you also need to read other material. Whichever banks you use, they are likely to have an "investing for beginners" section of their website which is worth reading. One problem with these boards is that any idiot like me can come here and tell you what to do with your hard earned money.
    mmm.....that's a change of tact from your normal replies.....?
    “Like a bunch of cod fishermen after all the cod’s been overfished, they don’t catch a lot of cod, but they keep on fishing in the same waters. That’s what’s happened to all these value investors. Maybe they should move to where the fish are.”   Charlie Munger, vice chairman, Berkshire Hathaway
  • Alexland
    Alexland Posts: 10,183 Forumite
    Eighth Anniversary 10,000 Posts Photogenic Name Dropper
    edited 11 March 2021 at 12:10AM
    Steve182 said:
    That's very true. I was braced for a 40% (or thereabouts)  average drop on all stocks when we had the "covid correction" this time last year. 
    Covid was a crash almost designed to benefit tech growth companies from the increase in working from home to the lowering of interest rates favouring long duration equity. So the fact those stocks did well in the most recent crash doesnt mean much for the next crash as every crash is different. Single style portfolios can get hit hard even without a full market crash as has been seen recently with the increase in US interest rates, inflation expectations and rotation into short duration equities and commodities.
    I agree the FTSE100 is a poor investment with lack of sector diversity and some companies with structural issues however there are good opportunities in the UK market right now with both reasonably priced growth and value.
  • Steve182
    Steve182 Posts: 623 Forumite
    Fourth Anniversary 500 Posts Photogenic Name Dropper
    At this point I think it's customary for OP to make an appearance and reply to some of the counter questions?
    “Like a bunch of cod fishermen after all the cod’s been overfished, they don’t catch a lot of cod, but they keep on fishing in the same waters. That’s what’s happened to all these value investors. Maybe they should move to where the fish are.”   Charlie Munger, vice chairman, Berkshire Hathaway
  • If you want something off the shelf without starting the long process of becoming an investor, you want to just invest in index funds. Vanguard is a very good option for this.
  • dunstonh
    dunstonh Posts: 119,710 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    If you want something off the shelf without starting the long process of becoming an investor, you want to just invest in index funds. Vanguard is a very good option for this.
    With the exception of a global equity fund, investing in trackers is not a hands off approach.    You need to decide the weightings into each tracker fund and then adjust over the economic cycle and rebalance.
    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.
  • Many thanks for all the various replies. Certainly have some food for thought. I will continue digging before jumping into something. Thanks again!
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