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Vanguard LS100 or FTSE Global All Cap?
Comments
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That’s what I’m in and I’m happy with it. Very diverse. Big, medium, small caps, emerging markets etc. There’s other funds which would do just as well really but it’s a very good attempt at a true global market tracker.
Fits the bill for a passive investor like myself. I don’t kid myself that I know anything that others don’t to give me an edge so I’ll aim to take the market returns.LS100 may do better for a period but I feel it will be more luck than judgement.
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Realizing that you have no way to reliably gain "an edge" actually gives you an edge over those that think they can beat the market.
And so we beat on, boats against the current, borne back ceaselessly into the past.2 -
Elon Musk is supposed to have made his money in the stock market before he bought or got involved with Tesla and SpaeX now so if Rt90 has the edge over these people that beat the market he's going to be a billionaire in a certain amount of years
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His early money has come from his own business ventures, originally software and payment platforms (including Zip2 and Paypal). It was an entrepreneurial career, not a career as an silent stakeholder in other people's companies. He does not seem the type to diversify much beyond his own ventures, and I doubt much of his wealth could be attributed to companies he didn't have direct involvement in.
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