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Index Fund beginner

24

Comments

  • Albermarle
    Albermarle Posts: 28,298 Forumite
    10,000 Posts Seventh Anniversary Name Dropper
     I have seen that myself, the difficult thing is not reacting(selling) to news and YouTubers talking crashes, they know no more than the rest of us.

    I very much doubt they know more than the rest of us, when it comes to predicting market movements.
  • Dh6
    Dh6 Posts: 190 Forumite
    Fifth Anniversary 100 Posts
    Think you’ve misread that one Albermarle 
  • Albermarle
    Albermarle Posts: 28,298 Forumite
    10,000 Posts Seventh Anniversary Name Dropper
    Dh6 said:
    Think you’ve misread that one Albermarle 
    Yes you are right !
  • pbryd
    pbryd Posts: 90 Forumite
    Part of the Furniture 10 Posts Combo Breaker
    Last night I opened an iweb account with a view to put some money in an index tracker. I was a bit taken aback by the amount of options available.
  • B0bbyEwing
    B0bbyEwing Posts: 1,671 Forumite
    1,000 Posts Third Anniversary Name Dropper
    I've read the first 3 books mentioned in this thread & recommend them also. At the very least they gave me enough confidence to at least have a go myself rather than paying someone to do it for me. 
  • ColdIron
    ColdIron Posts: 9,914 Forumite
    Part of the Furniture 1,000 Posts Hung up my suit! Name Dropper
    edited 12 January 2023 at 1:01PM
    pbryd said:
    Last night I opened an iweb account with a view to put some money in an index tracker. I was a bit taken aback by the amount of options available.
    IWeb have slightly less choice than some others but most of the main players are available
    More likely you are being caught out by the very picky research centre which is idiosyncratic at best
    Make sure you use 'ETF Search' for ETFs and 'Funds Centre' for funds. Even then it sometimes has a non intuitive naming convention and often it's easier to use Google with IWeb + fund/ETF name
  • pbryd
    pbryd Posts: 90 Forumite
    Part of the Furniture 10 Posts Combo Breaker
    ColdIron said:
    Make sure you use 'ETF Search' for ETFs and 'Funds Centre' for funds. Even then it sometimes has a non intuitive naming convention and often it's easier to use Google with IWeb + fund/ETF name
    Thank you. That link is better than me logging in, clicking deal now and searching that way.

  • pbryd
    pbryd Posts: 90 Forumite
    Part of the Furniture 10 Posts Combo Breaker
    I'm looking at global indexes. But the ones I have seen have a lot of US equities and tech which I'm not too sure about.

  • ColdIron
    ColdIron Posts: 9,914 Forumite
    Part of the Furniture 1,000 Posts Hung up my suit! Name Dropper
    That's the nature of global equity index trackers, it goes with the territory. Most indexes are cap weighted and will be dominated by US companies. Of those some of the largest are tech
    You could look at active funds or something like the Vanguard Lifestrategy which broadly exchanges US for UK
  • pbryd
    pbryd Posts: 90 Forumite
    Part of the Furniture 10 Posts Combo Breaker
    ColdIron said:
    That's the nature of global equity index trackers, it goes with the territory. Most indexes are cap weighted and will be dominated by US companies. Of those some of the largest are tech
    You could look at active funds or something like the Vanguard Lifestrategy which broadly exchanges US for UK

    I'll take a look at Lifestrategy, thanks. Ofcourse I realise the goal is long term investing and I could be overthinking.
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