Are there any reasons not to invest in this?

gravel_2

I am a bit concerned you cite low FX fee as a top three reason to invest in this fund on T212 when the fund is quoted in GBP... More research required perhaps.

InvesterJones

I'd say the main reason not to go ahead without further thought is you don't seem to have a goal (or haven't shared it) - instead you're focused on low fees and maximum return for some 'long haul'. Return is a continual scale and usually in inverse proportion to risk/volatility. If your goals won't be met without a certain level of return then you have no choice but to accept higher risk, but if you model out what you actually need from your investments and when, you might be able to meet them with lower risk, and therefore have a higher chance of actually doing so.

Eyeful

1. Your post gives me the impression it was written by a newbie, who after watching some social media has developed a case of FOMO " fear of missing out" and not understand investing.

2. Before investing you should have an emergency account holding 6 to 12 months of normal house hold expenses and to cover car/boiler breakdowns.

3. Watch this first: https://www.kroijer.com/

4. Now read these:
https://monevator.com/passive-fund-of-funds-the-rivals/
https://monevator.com/best-global-tracker-funds/

5. Any money you know you will need in the next 5 years should be in a savings account covered by the FSCS Savings Protection.

6. The longer you invest for the higher the odds of winning the game.

7. Investing is for money you know you will not touch for at least 10 years

8. With the market prices being so high, your idea of drip feeding money monthly is a good idea.
But do continue doing so when the market crashes (as it will) and do not jump as do many newbies

DrSyn

If your investments cause you to worry or lose sleep at night, you are investing above your risk level.

Investing for the long term, should be as exciting as watching paint dry.

Suggest you ignore social media you are watching.

The market is not taking a battering at the moment, wherever did you get that idea from?

Ignore FOMO, it has caused people to lose a lot of money. 

Dannydee333

DrSyn said:

If your investments cause you to worry or lose sleep at night, you are investing above your risk level.

Investing for the long term, should be as exciting as watching paint dry.

Suggest you ignore social media you are watching.

The market is not taking a battering at the moment, wherever did you get that idea from?

Ignore FOMO, it has caused people to lose a lot of money. 

What I planned to invest per month would not keep me awake at night. A guy I know who has been in T212 for years said it's taking a better turn at the moment.

QrizB

Here's an interesting chart from the Washington Post that splits the S&P500 into the Magnificent Seven plus the S&P493:

Dannydee333

Eyeful said:

1. Your post gives me the impression it was written by a newbie, who after watching some social media has developed a case of FOMO " fear of missing out" and not understand investing.

2. Before investing you should have an emergency account holding 6 to 12 months of normal house hold expenses and to cover car/boiler breakdowns.

3. Watch this first: https://www.kroijer.com/

4. Now read these:
https://monevator.com/passive-fund-of-funds-the-rivals/
https://monevator.com/best-global-tracker-funds/

5. Any money you know you will need in the next 5 years should be in a savings account covered by the FSCS Savings Protection.

6. The longer you invest for the higher the odds of winning the game.

7. Investing is for money you know you will not touch for at least 10 years

8. With the market prices being so high, your idea of drip feeding money monthly is a good idea.
But do continue doing so when the market crashes (as it will) and do not jump as do many newbies

I watched the video and I'll read those later. The guy in the video says "only buy world equity index tracker" when I was planning on buying only U.S... I guess whether you go with world or U.S. comes down to what you are happy to take the risk on. One guy will say the US. is the best option, and another will say world, right?

1 - Yes, I am a newbie to this, so your impression was correct. My level of knowledge comes down to posts shared on social media by FAs I follow, and having done a long, deep dive conversation with the robots (ChatGPT).

2 - I have much more than 6-12 months of emergency money. I have 15k of a financial cushion, as well as my monthly 2.4k take-home income (and I'm putting an online business together).

6,7,8 - If I do it , I would be in it for the long haul and wouldn't be scared off by dips. In fact, it's likely I wouldn't even look at it (since I'm in it for the long haul anyway).

Dannydee333

QrizB said:

Here's an interesting chart from the Washington Post that splits the S&P500 into the Magnificent Seven plus the S&P493:

Would this suggest it's a better idea to invest in those 7 companies individually instead, or do you benefit from the magnificent seven as standard from being in the S&P 500?

Dannydee333

Based on what I've heard here, I should probably consider global, but the robots (ChatGPT) still suggest the S&P 500, for what it is I'M trying to achieve... and before anyone comes at me for relying on that as a source, it scans the entire web for all required and relevant info.

I'll still recondider tho.

Isthisforreal99

Dannydee333 said:

Based on what I've heard here, I should probably consider global, but the robots (ChatGPT) still suggest the S&P 500, for what it is I'M trying to achieve... and before anyone comes at me for relying on that as a source, it scans the entire web for all required and relevant info.

I'll still recondider tho.

Please don't use AI as a basis for your investment choices.

Your naivety is concerning.