Mixing Global and FTSE100 Trackers?

[bitchstewie]

I'm lucky enough to have a surplus of cash in the bank after all the usual stuff.

My ISA's are maxed out so I'm looking at opening a Vanguard account and drip feeding into a global tracker.

Does anyone see any benefit/drawback in complementing with a FTSE 100 tracker?

I have no idea which way the pendulum will swing between Brexit and ongoing uncertainty over the global economy so common sense says just go global and be done with it.

I'd be dripping money in as I don't have the balls to drop a large amount in anything right now.

[bogie]

I think its natural for many people to stick with their home country stock index, but likely a better idea is to be more diverse. Looking at my own SIPP 20% is on the UK 100 and the remainder in a variety of global/other region Vanguard funds.

[anonymous-user]

bhstewie said:

IMy ISA's are maxed out so I'm looking at..........

I can't see your ISA situation as having any relevance here.

IMO you should have an overall investment strategy and then simply use the tax wrappers (such as ISA) to best efficiency.

UK has dropped 15% in the last 6 months and it's anybody's guess where the bottom might be. For what it's worth, I sold UK in May (when things bounced back from the significant dip around Feb/March) and am not yet buying. Global economics look wobbly and UK looks a whole lot worse as Brexiteers vie to slam the economy into the ground.

[bitchstewie]

rockin said:

I can't see your ISA situation as having any relevance here.

IMO you should have an overall investment strategy and then simply use the tax wrappers (such as ISA) to best efficiency.

UK has dropped 15% in the last 6 months and it's anybody's guess where the bottom might be. For what it's worth, I sold UK in May (when things bounced back from the significant dip around Feb/March) and am not yet buying. Global economics look wobbly and UK looks a whole lot worse as Brexiteers vie to slam the economy into the ground.

No the ISA is only really relevant in that it's much easier to have multiple GIA's than multiple ISAs if that makes sense.

Same concerns v global economics

[SJfW]

I went in to a few global funds a little over 2 weeks ago, thus far its been a remarkably efficient way to rinse 5% of my money down the drain. Powder dry or global bonds is all I would go near at the moment.