Mad to buy VWRP or VUAG for 10 yr horizon in SIPP?

dannybbb

@eyeful would you rate vanguard over these? https://www.hsbc.co.uk/investments/products/hsbc-global-strategy-portfolios/

TheBanker

mears1 said:

Hoenir said:

mears1 said:

Really want to take advantage of the current market drop, 

Why? It might drop further yet. 

When I said Current, I am talking about the Dip rather than just today's price.  I could buy over several days. 

I suspect the current chaos will last for more than several days. We're likely to see a series of ups and downs as markets react to rumours and confirmed news from the White House and other governments. 

SneakySpectator

Hoenir said:

mears1 said:

Really want to take advantage of the current market drop, 

Why? It might drop further yet. 

And it might not. Waiting for a drop that may or may not happen is a pretty silly strategy to have. Consider the following scenarios. 

A ) You hold off on executing your first buy order because you think the price is going down further. It does go down further, but now you're psychologically "locked in" to believing you can predict the market. Now you convince yourself it will drop even more, you were right the first time so you think you'll be right again. The market recovers and goes back up, back to where it came from and now you don't invest at all simply because you don't want to pay the now "increased" price. After all it was -20% last week, why would you now pay +20% this week? 

B ) You acknowledge you have no control over where the market is going but the long term track record of the global stock market says it's going up in the long term. So you execute your first buy, and continue doing this every month for 30 years without trying to trade back and fourth or time the market. 

Which to you seems like the most sensible reliable way of growing your wealth?

EthicsGradient

Eyeful said:

If you are in your 20's with such a long time before retirement why are you getting so many different funds?
Why make it complicated.
Why not keepi it simple, just chose a low cost Global Index Tracker Fund or ETF.
This may be of interest to you:
https://www.justetf.com/en/news/etf/msci-vs-ftse-which-etf-provider-is-the-best-index-provider.html

I read the OP as asking about 2 different people: one is looking for something for a Vanguard SIPP (therefore, a Vanguard fund/ETF) with about 10 years to go to retirement, which already holds some funds; and one for someone in their 20s, looking for something to hold in an iWeb ISA - with no implication that they hold anything in it yet. I think most answers so far have been for the SIPP, but it's worth everyone making clear which (or both, if applicable) they're talking about.

mears1

@EthicsGradient. Spot on synopsis (2 different questions on 1 post, as I didn't want to deluge the forum)!

To update, the 20yr old has only got MDAABG as a buy and hold, and wondering to buy more of the same or HSBC global strategy adventurous or dynamic or VWRP or FIIAGM, all as a buy and hold in ISA. 
Experience advice most welcome.

Referring to the SIPP,  Vanguard Lifestyle 80:20 might be a good option as a buy and hold as OGC around same as VWRP and may be less volatile.  But  the VL80 is a OEIC the pricing might not take advantage of this DIP.
Again advice from the sages on this forum, most welcome.

Hoenir

SneakySpectator said:

Hoenir said:

mears1 said:

Really want to take advantage of the current market drop, 

Why? It might drop further yet. 

And it might not. Waiting for a drop that may or may not happen is a pretty silly strategy to have. Consider the following scenarios. 

A ) You hold off on executing your first buy order because you think the price is going down further. It does go down further, but now you're psychologically "locked in" to believing you can predict the market. Now you convince yourself it will drop even more, you were right the first time so you think you'll be right again. The market recovers and goes back up, back to where it came from and now you don't invest at all simply because you don't want to pay the now "increased" price. After all it was -20% last week, why would you now pay +20% this week? 

B ) You acknowledge you have no control over where the market is going but the long term track record of the global stock market says it's going up in the long term. So you execute your first buy, and continue doing this every month for 30 years without trying to trade back and fourth or time the market. 

Which to you seems like the most sensible reliable way of growing your wealth?

Neither. Be investing for far too long now. Silly strategies are how people learn to make mistakes. 

Eyeful

dannybbb said:

@eyeful would you rate vanguard over these? https://www.hsbc.co.uk/investments/products/hsbc-global-strategy-portfolios/

I would be happy to own either. I would go for the cheaper of the two.