LISA - investment strategies

strawb_shortcake

I have a LISA currently only have Vanguard FTSE global all cap. 

I think I've got in a bad habit of just topping us with cash a little each month then lump sums as and when. So i now have just over £1k in cash. So need to move this into an investment.

Current unit rates are £215ish, so I'm wondering do I start adding to a different fund, or just keep adding to the current one? 

I guess my underlying thought is timing the market and £215 is much higher than I initially bought at, also appreciate trying to time the market is a fools game.

Secondly, I'm left thinking do I need an additional fund? I'm quite happy with the risk level. 

I haven't been adding the full £4k a year, but will be doing so from now on. 

Currently 42, Alpha pension, lower tax payer, expect to go into higher band within 2 years. Fully expect to be a higher tax payer in retirement. 

At 50 I should be mortgage free.

Ty

ColdIron

strawb_shortcake said:

Current unit rates are £215ish, so I'm wondering do I start adding to a different fund, or just keep adding to the current one?

If your current fund is appropriate for your goals continuing to use it has a lot going for it

Remember a rising tide floats all boats so any equivalent fund will have risen (or fallen) as well

Secondly, I'm left thinking do I need an additional fund? I'm quite happy with the risk level.

What issues or shortcomings does this hypothetical additional fund address that your all cap that does not?

eskbanker

strawb_shortcake said:

Current unit rates are £215ish, so I'm wondering do I start adding to a different fund, or just keep adding to the current one?

Why would you be influenced by the current unit price (as opposed to the more important factors mentioned in the previous post)?

strawb_shortcake

ColdIron said:

strawb_shortcake said:

Current unit rates are £215ish, so I'm wondering do I start adding to a different fund, or just keep adding to the current one?

If your current fund is appropriate for your goals continuing to use it has a lot going for it

Remember a rising tide floats all boats so any equivalent fund will have risen (or fallen) as well

Secondly, I'm left thinking do I need an additional fund? I'm quite happy with the risk level.

What issues or shortcomings does this hypothetical additional fund address that your all cap that does not?

Well I guess there isn't a shortcoming, I'm just wondering aloud perhaps if what I'm doing is correct. My family don't invest, and I don't really have friends that invest with any real knowledge either.

strawb_shortcake

eskbanker said:

strawb_shortcake said:

Current unit rates are £215ish, so I'm wondering do I start adding to a different fund, or just keep adding to the current one?

Why would you be influenced by the current unit price (as opposed to the more important factors mentioned in the previous post)?

This is me liking a bargain I suspect, rather than sound rational judgement 

masonic

strawb_shortcake said:

eskbanker said:

strawb_shortcake said:

Current unit rates are £215ish, so I'm wondering do I start adding to a different fund, or just keep adding to the current one?

Why would you be influenced by the current unit price (as opposed to the more important factors mentioned in the previous post)?

This is me liking a bargain I suspect, rather than sound rational judgement 

So if Vanguard did a 10 for 1 split so that you ended up with 10x the existing units and could buy more units for £21.50 each, would that make it more of a bargain?

Bear in mind you can currently buy 0.1 units for £21.50 if you wish. You are not limited to whole units.

strawb_shortcake

masonic said:

strawb_shortcake said:

eskbanker said:

strawb_shortcake said:

Current unit rates are £215ish, so I'm wondering do I start adding to a different fund, or just keep adding to the current one?

Why would you be influenced by the current unit price (as opposed to the more important factors mentioned in the previous post)?

This is me liking a bargain I suspect, rather than sound rational judgement 

So if Vanguard did a 10 for 1 split so that you ended up with 10x the existing units and could buy more units for £21.50 each, would that make it more of a bargain?

Bear in mind you can currently buy 0.1 units for £21.50 if you wish. You are not limited to whole units.

I do get your point, I thought I'd be more risk adverse in my investing and worry more than I do, but then I've not really had any significant dips since I opened my LISA to test myself, but like to think I will see the dips as sales.

I shall just invest the majority of it tomorrow and buy more of the same.