Cheap global index funds

Exodi

Why do I feel like this is a shameless plug for whoever 'Donegans of the Rebel Finance School' is...

Recommending cheap global index funds to novice investors is hardly a hot tip, it's echoed ad inifinitum by every finance channel/forum on Earth.

I think I'll probably report this because I can't see that there is much to be gained from this thread considering how often this is discussed and I don't think it was made with pure intentions.

GazzaBloom

I am curious as to what the rebellious part of financial education they teach at this school is.

Do they teach you to rob banks or run Ponzi schemes to help fund the rebel alliance?  

dunstonh

 ie Vanguard Developed World ex UK and FTSE Global All Cap?

if you are looking for a single fund solution and can accept 100% equities as your risk (which puts you way above the average UK consumer) then you would not select the first fund as that would be unsuitable.  The first one is not designed to be a single held fund.   Its used by those that want to control home bias and emerging market ratios by making active decisions away from market cap.

BowerBadgers

Exodi said:

Why do I feel like this is a shameless plug for whoever 'Donegans of the Rebel Finance School' is...

Recommending cheap global index funds to novice investors is hardly a hot tip, it's echoed ad inifinitum by every finance channel/forum on Earth.

I think I'll probably report this because I can't see that there is much to be gained from this thread considering how often this is discussed and I don't think it was made with pure intentions.

I assure you it wasn't a plug at all. I've just come across the RFS and they seem to have a huge number of fans so was curious to get some independent thoughts on their recommended strategy and quite why they have so many followers. 

Beddie

Exodi said:

Why do I feel like this is a shameless plug for whoever 'Donegans of the Rebel Finance School' is...

Recommending cheap global index funds to novice investors is hardly a hot tip, it's echoed ad inifinitum by every finance channel/forum on Earth.

I think I'll probably report this because I can't see that there is much to be gained from this thread considering how often this is discussed and I don't think it was made with pure intentions.

The Donegans offer free resources, so there's nothing financial to be gained from plugging them. In fact it might offer useful education to many.

Exodi

BowerBadgers said:

Exodi said:

Why do I feel like this is a shameless plug for whoever 'Donegans of the Rebel Finance School' is...

Recommending cheap global index funds to novice investors is hardly a hot tip, it's echoed ad inifinitum by every finance channel/forum on Earth.

I think I'll probably report this because I can't see that there is much to be gained from this thread considering how often this is discussed and I don't think it was made with pure intentions.

I assure you it wasn't a plug at all. I've just come across the RFS and they seem to have a huge number of fans so was curious to get some independent thoughts on their recommended strategy and quite why they have so many followers. 

Sorry, but the wording of this just raises my suspicions further: "huge number of fans"... "they have so many followers"... 11k subs on YouTube?

Their 'recommended strategy' is just surface level advice given by all finance channels/forums on the internet.

Beddie said:

Exodi said:

Why do I feel like this is a shameless plug for whoever 'Donegans of the Rebel Finance School' is...

Recommending cheap global index funds to novice investors is hardly a hot tip, it's echoed ad inifinitum by every finance channel/forum on Earth.

I think I'll probably report this because I can't see that there is much to be gained from this thread considering how often this is discussed and I don't think it was made with pure intentions.

The Donegans offer free resources, so there's nothing financial to be gained from plugging them. In fact it might offer useful education to many.

Sorry, what? Most social media influencers (and I'm including YouTube in that) don't hope to work for free. Obviously there is a financial motivation to plug ones social media channels. The last thing we want is this forum being filled with social plugs for various things.

Plus let's not forget that the vast majority of online financial guru scams (that take readily available, surface level information off the internet and re-package it in an online course) generally onboard new users by dangling a free course in front of them (but once they've invested their time in that, tell them that the 'real secrets' are hidden behind a second course that comes at a cst - and what do you know it's discounted today and only available for the next 100 users).

I'm not saying that's what The Donegans are doing (again, I haven't heard of them) but it's not correct to suggest that a provider offering free resources has nothing to gain financially.

Beddie

Exodi said:

BowerBadgers said:

Exodi said:

Why do I feel like this is a shameless plug for whoever 'Donegans of the Rebel Finance School' is...

Recommending cheap global index funds to novice investors is hardly a hot tip, it's echoed ad inifinitum by every finance channel/forum on Earth.

I think I'll probably report this because I can't see that there is much to be gained from this thread considering how often this is discussed and I don't think it was made with pure intentions.

I assure you it wasn't a plug at all. I've just come across the RFS and they seem to have a huge number of fans so was curious to get some independent thoughts on their recommended strategy and quite why they have so many followers. 

Sorry, but the wording of this just raises my suspicions further: "huge number of fans"... "they have so many followers"... 11k subs on YouTube?

Their 'recommended strategy' is just surface level advice given by all finance channels/forums on the internet.

Beddie said:

Exodi said:

Why do I feel like this is a shameless plug for whoever 'Donegans of the Rebel Finance School' is...

Recommending cheap global index funds to novice investors is hardly a hot tip, it's echoed ad inifinitum by every finance channel/forum on Earth.

I think I'll probably report this because I can't see that there is much to be gained from this thread considering how often this is discussed and I don't think it was made with pure intentions.

The Donegans offer free resources, so there's nothing financial to be gained from plugging them. In fact it might offer useful education to many.

Sorry, what? Most social media influencers (and I'm including YouTube in that) don't hope to work for free. Obviously there is a financial motivation to plug ones social media channels. The last thing we want is this forum being filled with social plugs for various things.

Plus let's not forget that the vast majority of online financial guru scams (that take readily available, surface level information off the internet and re-package it in an online course) generally onboard new users by dangling a free course in front of them (but once they've invested their time in that, tell them that the 'real secrets' are hidden behind a second course that comes at a cst - and what do you know it's discounted today and only available for the next 100 users).

I'm not saying that's what The Donegans are doing (again, I haven't heard of them) but it's not correct to suggest that a provider offering free resources has nothing to gain financially.

You've never heard of them, yet you have completely made your mind up about how they operate. Why not look them up, maybe message them with your preconceptions, and come back to us when you've fully investigated their business model? Otherwise your opinion holds no more water than mine, which you decided was wrong.

Rollinghome

The "Donegans of the Rebel Finance School" seems to be free, or some of is it at the moment, but they clearly intend to monetise is in some way. So no harm in that, so long as users understand what they get and what they will be giving in return.

It's owned by a company called Enjoy Training Ltd. It seems to be targetting the "financial coaching" market, but I didn't notice what qualifications they have, if any. To register they require a minimum of full name, postcode, and email address, so users should check the fairly long privacy terms before agreeing to them.

They include:

"The types of personal data we collect includes (but are not limited to):

    Name
    Address
    Phone number(s)
    Email address(es)
    Other identifiers (for example social media usernames)
    Medical/health
    Behavioural
    Criminal offence/conviction
    Images
    Location data
    Disability information
    Profiling information
    and other information such as next of kin and copies of ID documentation."

"We will keep your personal data for a minimum of 10 years or as long as necessary and for the purpose for which it was collected. When it is no longer necessary to keep your personal data or Enjoy Training Limited ceases to exist, we will delete it."

"Sometimes we use personal data to help us generate customer profiles based on lifestyle and behaviours. We use this information to deliver a more customised customer experience."

You have the right to object to us processing your personal data for direct marketing purposes. If you would like to stop receiving our marketing communications, please contact us at the email or phone number below.

Even if they don't sell users' data, there seem to be nothing there to stop them selling the entire business to a third party should they choose. There are also plenty of guides to investing out there that provide free investment without giving out personal information.

GeoffTF

dunstonh said:

 ie Vanguard Developed World ex UK and FTSE Global All Cap?

if you are looking for a single fund solution and can accept 100% equities as your risk (which puts you way above the average UK consumer) then you would not select the first fund as that would be unsuitable.  The first one is not designed to be a single held fund.   Its used by those that want to control home bias and emerging market ratios by making active decisions away from market cap.

It is also useful if you want to minimise dividend tax. I hold it outside a tax shelter and my UK and emerging markets funds (which have higher dividend yields) inside a tax shelter.

solidpro

Mikeeee_2 said:

10% money market fund for any dip opportunities.

Can you expand on this little morsel?