FTSE100 tracker
Discussion
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hstewie said:
hstewie said: I don't really understand why people go massively heavy on FTSE 100 trackers when there's a whole world out there 
I think people view the UK as somehow safer than trusting money overseas. It's also the only figure mentioned on mainstream media which is what most people see. There should be much more financial coverage on the news.Simpo Two said:
bhstewie said:
hstewie said: I don't really understand why people go massively heavy on FTSE 100 trackers when there's a whole world out there
I think people view the UK as somehow safer than trusting money overseas. It's also the only figure mentioned on mainstream media which is what most people see. There should be much more financial coverage on the news.Odd though as you'd think that if you put a list of FTSE100 and world tracker holdings in front of most people they'd recognise more global brands in the world tracker so it seems odd for it to be a trust thing.
I suspect you're right to a large degree though.
HOW THE MAGIC MONEY TREE WORKS
It's quite funny because in spite of having a decent percentage of my "wealth" in Government bonds and TIPS I've always struggled to get my head around how how Government debt and money works.
Simple enough for me to just about understand.
It's quite funny because in spite of having a decent percentage of my "wealth" in Government bonds and TIPS I've always struggled to get my head around how how Government debt and money works.
Simple enough for me to just about understand.
I was in the fortunate position to be able to add a bit of money to my portfolio during the dip. Despite averaging down my Vanguard fund holding, my pre-covid holdings are still -3.15% down (bought July 2019). By adding a FTSE tracker (which is how I found this thread) and some other FTSE 100/250 shares I'm 3.53% up overall now.
At one point I think I was £3.5k down, so feeling relieved. OP, I'm sure you'll go 'green' soon.
At one point I think I was £3.5k down, so feeling relieved. OP, I'm sure you'll go 'green' soon.
Damn bro, i'd have thought you'd be back to zero by now, as ive eeked back into positive in the last couple of weeks. Overall 3% up, but I have 12 different funds, of which 2 are doing terribly, 6 are almost back to zero, and 4 are doing brilliantly (one of which is my China fund, funnily enough...)
Whats really helped is that since the new financial year ive been buying up stock (so far £8,100 invested since april) and that's worth £8,700 now, so that's helping to offset the losses.
Do think its more luck than judgement, but im no worse off than if i'd just put the money in a basic savings acct, and its still picking up.
Whats really helped is that since the new financial year ive been buying up stock (so far £8,100 invested since april) and that's worth £8,700 now, so that's helping to offset the losses.
Do think its more luck than judgement, but im no worse off than if i'd just put the money in a basic savings acct, and its still picking up.
Ari said:
Almost reduced to £1,000 down
You contributed and withdrew £20,855.00
Your investments returned you ?£1,194.20
You ended up with £19,660.80
Your rate of return is -10.24%
Still thinking long term...
Keep investing monthly, you benefit from volatility. It's your friend as you buy fewer shares when the price is high and more when the price is low, thereby lowering the average cost of your shares. Pound Cost Averaging. You contributed and withdrew £20,855.00
Your investments returned you ?£1,194.20
You ended up with £19,660.80
Your rate of return is -10.24%
Still thinking long term...
Also it's about time not timing. Over the last 30 years a £1000 investment in the FTSE All Share would have returned you £19,000+. But, if you had missed the best performing 30 days, yes 30 days in 30 years, then you would have received only £7,500. So, keep investing monthly and never try to time the market - i.e. pick the best time to enter or leave. Just put your money in and leave it long term!
Gixer968CS said:
Also it's about time not timing. Over the last 30 years a £1000 investment in the FTSE All Share would have returned you £19,000+. But, if you had missed the best performing 30 days, yes 30 days in 30 years, then you would have received only £7,500. So, keep investing monthly and never try to time the market - i.e. pick the best time to enter or leave. Just put your money in and leave it long term!
There is a lot in that, but I think its also important to keep an eye on your selections, trim your dogs from time to time. daddy cool said:
Do think its more luck than judgement, but im no worse off than if i'd just put the money in a basic savings acct, and its still picking up.
If it's money in to a SIPP and you're a higher rate tax payer it's a hell of a lot better than a savings account. I doubt that'll last long once the Covid bill has to be paid. Gixer968CS said:
Keep investing monthly, you benefit from volatility. It's your friend as you buy fewer shares when the price is high and more when the price is low, thereby lowering the average cost of your shares. Pound Cost Averaging.
Also it's about time not timing. Over the last 30 years a £1000 investment in the FTSE All Share would have returned you £19,000+. But, if you had missed the best performing 30 days, yes 30 days in 30 years, then you would have received only £7,500. So, keep investing monthly and never try to time the market - i.e. pick the best time to enter or leave. Just put your money in and leave it long term!
This! Also it's about time not timing. Over the last 30 years a £1000 investment in the FTSE All Share would have returned you £19,000+. But, if you had missed the best performing 30 days, yes 30 days in 30 years, then you would have received only £7,500. So, keep investing monthly and never try to time the market - i.e. pick the best time to enter or leave. Just put your money in and leave it long term!
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