Investing for the long term

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  • rathernot
    rathernot Posts: 339 Forumite
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    There's a lot of love for LifeStrategy on here which is because it's a good product, but if you're looking at the LS100 I'd also consider a simple global tracker.

    LifeStrategy isn't a tracker, there's a bias towards the UK more than a true global tracker would be - that may not be a problem but something to consider if you literally want something that tracks the true world markets.
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
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    Nudge3 wrote: »
    Thank you, I was interested in the Vanguard LifeStrategy 100. I know it's higher risk but also higher returns over the long term. What do you think?

    If the plan is to lock the money away for retirement. Then choose a more diversified option. Will be lower risk and therefore potentially a lower return. However will incrementally grow whatever market is flavour of the month.
  • bowlhead99
    bowlhead99 Posts: 12,295 Forumite
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    Nudge3 wrote: »
    Would that mean the money would be locked away for a minimum term of 23 years without being able to access even if I wanted to?
    No access at all for a SIPP.

    Access with a penalty on the portion of it that you access, with a LISA
  • xylophone
    xylophone Posts: 44,427 Forumite
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    Do you have a stocks and shares ISA?

    https://www.vanguardinvestor.co.uk/investing-explained/stocks-shares-isa
  • jamei305
    jamei305 Posts: 635 Forumite
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    Audaxer wrote: »
    In fact it may be 25 years as I think there are plans to maybe raise the age from 55 to 57 in a few years time.

    That is already confirmed and it could rise again. A 32 year old shouldn't plan on being able to access their SIPP until age 60.
  • Nudge3
    Nudge3 Posts: 9 Forumite
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    Thank you all for your replies!
  • Nudge3
    Nudge3 Posts: 9 Forumite
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    bowlhead99 wrote: »
    No access at all for a SIPP.

    Access with a penalty on the portion of it that you access, with a LISA

    Bowlhead99, thank you for your response, what would you recommend?
  • bostonerimus
    bostonerimus Posts: 5,617 Forumite
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    A_T wrote: »
    Vanguard LifeStrategy 100 fund has a large bias to the FTSE 100 - so I would only choose this fund if I believed this index will outperform. There's Vanguard FTSE Global All Cap Index fund which attempts to mirror the global stock market with no regional bias. I can understand why people use LifeStrategy 20/40/60/80 funds but I have no idea why someone would want to use the 100.

    Yep, that's what I'd do with 5K if I had paid off all my high interest debts
    “So we beat on, boats against the current, borne back ceaselessly into the past.”
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