How to Fund the Life You Want - Investing in the S&P500

Ciprico

solidpro said:

dunstonh said:

And lets not forget that some of the events of 2022 were consequences of actions taken under the previous Government.  e.g., Gordon Brown, the pension fund liquidity issues, and the quantitative easing being unwound.   Its easy to blame the incumbent party. Especially given their inability to project any coherent policies in recent years, but a lot of the structural issues are historic.

13 years including a 80 seat majority and they've achieved nothing. Being kind you could say Universal Credit but being unkind that's probably ruined thousands of lives. 4% hit on GDP. £37bn on test, track and trace. 280,000 dead. Trade deals to decimate our farming and scheisse in our river. We all know the rest so I won't go on. None of this was inherited no matter how how many times people refer to the Iraq war, 'GB sold all our gold' or 'sorry no money left'. None of it compares to the complete waste of time that has been the last 13 years.

If you believe all that then surely Britain is a 'buy' now as prices should be deflated.

If you believe another party will do better and may get into power now is the time to buy...

The US market is propped up by a handful of mega companies which is not ideal in terms of risk....I read 4% of a global tracker would be in Apple. So not as  diversified as you may think.

ATM I am not worried about a higher UK bias...
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MSE_JC

Hi all,

We've been contacted by someone who says they're one of the authors of the book in question. We're posting their message here but please note that we are unable to verify their identity:

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Hello

I am one of the two authors of the book “How To Fund The Life You Want”, referred to in the original post.

I thought it would be helpful to make it clear (even if I am a bit late) that nowhere in the book is the S&P500 given as a “recommendation" for UK investors to buy.

The S&P500 is referred to three or four times in the book, but in each context it is to make an explanatory point about the history of the global stock market. (The S&P500 has a long data history and of course is a dominant index.)

Self-education, so that you can take your own decisions based on the best evidence, really was our intention in writing the book - rather than fund recommendations.

A 2nd edition of the book will be coming out soon.

Thank you

Jonathan Hollow
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