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S & P 500 investment in wive's name
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This ⬇️ is the history of S&P500 , but the historical performance is not guarantee for the future returns. Anyone who says the US market is about to crash or will make another few great years of return is just guessing.
Most of the time people talk bad and scary stories, when they are negatively affected , by the fact, that they have missed the very good performance of something in the past.
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The_Palmist said:Thanks folks, I have opened a S&S Vanguard account in wife's (basic rate) name and made a small investment 50:50 between S &P 500 and FTSE All world. I have also opened a cash saver with Santander paying just over 5%, this is a bonus rate for 12 month and looked better than any cash ISA I could see.
There is a very small amount of savings left which I will leave in easy access as rainy day funds for now.
Really appreciate everyone's help and comments.
My global equity tracker of choice is HSBC All-world Index C Acc, which holds something around 65% in US stocks, many of which will be the same as those held in the S&P fund. I've significantly reduced my holding is the HSBC fund and sold various smaller holdings in S&P specific investments. This is however for a very specific reason, Ie I have more than enough on which to retire, as long as I don't loose a sizable chunk early into retirement and am happy to accept lower returns for peace of mind. As long as I can match inflation, then I'm more than happy at my stage in the journey and right now that's fairly easy with minimal risk.0 -
Hoenir said:Cus said:dunstonh said:As usual whenever/wherever S&P 500 is mentioned on forum dunstonh chimes in with his dose of doom and gloom.
Nobody is unhappy when things are going well. Being aware of the potential negatives and being informed is a good thing as you can avoid silly mistakes.
[Quoted post removed by Forum Team]
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dunstonh said:I am thinking of S&P 500 index via Vanguard.OK, that fills the US allocation but what about the rest of the world?
Or are you mistakenly looking at short term recent returns and making a bad investment selection on that basis?
So you're saying that the OP is fine with the S&P500 and needs a global fund too then. He's done that.1 -
Roger175 said:The_Palmist said:Thanks folks, I have opened a S&S Vanguard account in wife's (basic rate) name and made a small investment 50:50 between S &P 500 and FTSE All world. I have also opened a cash saver with Santander paying just over 5%, this is a bonus rate for 12 month and looked better than any cash ISA I could see.
There is a very small amount of savings left which I will leave in easy access as rainy day funds for now.
Really appreciate everyone's help and comments.
My global equity tracker of choice is HSBC All-world Index C Acc, which holds something around 65% in US stocks, many of which will be the same as those held in the S&P fund. I've significantly reduced my holding is the HSBC fund and sold various smaller holdings in S&P specific investments. This is however for a very specific reason, Ie I have more than enough on which to retire, as long as I don't loose a sizable chunk early into retirement and am happy to accept lower returns for peace of mind. As long as I can match inflation, then I'm more than happy at my stage in the journey and right now that's fairly easy with minimal risk.
Nothing is more damaging to the adventurous spirit within a man than a secure future. - Alex Supertramp1 -
Kotokos said:dunstonh said:I am thinking of S&P 500 index via Vanguard.OK, that fills the US allocation but what about the rest of the world?
Or are you mistakenly looking at short term recent returns and making a bad investment selection on that basis?
So you're saying that the OP is fine with the S&P500 and needs a global fund too then. He's done that.Nothing is more damaging to the adventurous spirit within a man than a secure future. - Alex Supertramp4 -
The_Palmist said:Thanks folks, I have opened a S&S Vanguard account in wife's (basic rate) name and made a small investment 50:50 between S &P 500 and FTSE All world.Remember the saying: if it looks too good to be true it almost certainly is.2
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Cus said:Hoenir said:Cus said:dunstonh said:As usual whenever/wherever S&P 500 is mentioned on forum dunstonh chimes in with his dose of doom and gloom.
Nobody is unhappy when things are going well. Being aware of the potential negatives and being informed is a good thing as you can avoid silly mistakes.
[Quoted post removed by Forum Team]abounds. Thanks to the unique circumstances of the post GFC period. Spend long enough investng and you'll come to realise that investors who jump onto a current fad are the most likely to eventually get their fingers severely burnt.0 -
The_Palmist said:Kotokos said:dunstonh said:I am thinking of S&P 500 index via Vanguard.OK, that fills the US allocation but what about the rest of the world?
Or are you mistakenly looking at short term recent returns and making a bad investment selection on that basis?
So you're saying that the OP is fine with the S&P500 and needs a global fund too then. He's done that.
You still got criticised for not diversifying enough. If you look at the holdings in the world fund you will find that is near 60% in the USA and nine of the top 10 holdings are the same as the S&P500 fund. If you add to this in the future then think about diversifying with the new money. I don't think you are investing enough at the moment to go splitting it further.1 -
DRS1 said:The_Palmist said:Kotokos said:dunstonh said:I am thinking of S&P 500 index via Vanguard.OK, that fills the US allocation but what about the rest of the world?
Or are you mistakenly looking at short term recent returns and making a bad investment selection on that basis?
So you're saying that the OP is fine with the S&P500 and needs a global fund too then. He's done that.
You still got criticised for not diversifying enough. If you look at the holdings in the world fund you will find that is near 60% in the USA and nine of the top 10 holdings are the same as the S&P500 fund. If you add to this in the future then think about diversifying with the new money. I don't think you are investing enough at the moment to go splitting it further.
Nothing is more damaging to the adventurous spirit within a man than a secure future. - Alex Supertramp0
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