FTSE100 tracker

[red_slr]

About to cross into 6000s...

[Derek Chevalier]

Dr Mike Oxgreen said:

I suspect it’s a flawed way of thinking that many newbie investors start off with, perhaps because beginners feel safer investing at home. I know I did.

As did I when I first started investing years ago , but the personal investing/finance world has transformed over the last few years with the rise of cheap market access (Vanguard etc.), informative websites (e.g. Monevator), authors (e.g. Tim Hale) and personal finance podcast such as

https://www.mavenadviser.com/podcast/
https://meaningfulmoney.tv/mmpodcast/

so hopefully the educational journey is a lot swifter/easier.

[bitchstewie]

Derek Chevalier said:

As did I when I first started investing years ago , but the personal investing/finance world has transformed over the last few years with the rise of cheap market access (Vanguard etc.), informative websites (e.g. Monevator), authors (e.g. Tim Hale) and personal finance podcast such as

https://www.mavenadviser.com/podcast/
https://meaningfulmoney.tv/mmpodcast/

so hopefully the educational journey is a lot swifter/easier.

Honestly I've found it staggering how much info is out there if you spend some time looking, and my simply take on it is that time spent now can have a massive impact years down the line, good or bad.

Don't rush and do your homework would be my advice - I only started a couple of months ago like Ari but I've found it fascinating so far and simply hope I've made wise decisions

[Ari]

It's recovered a bit, my loss has reduced to -£298.90 which is a personal rate of return of -5.36%.

Whether it's a blip or a trend remains to be seen. Hard to know which is preferable, if it keeps going up I should eventually get back into profit which feels better, but I've no intention of 'cashing it in' and the lower it goes the more I get for my money with each buy in, which is of course preferable long term.

Anyway, not that it matters what I want, it'll do what it'll do. I shall keep watching and investing.

Edited by Ari on Tuesday 10th April 14:15

[Ari]

I've also decided (as several on here have advised) to open a global tracker using my Vanguard platform. There are many to choose from.

This seems to fit the bill I think, any thoughts?

Vanguard Global Equity Fund
https://api.vanguard.com/rs/gre/gls/stable/documen...

[anonymous-user]

That is an active fund, holding only 201 stocks, is that what you want?

The FTSE Developed World ex-U.K. Equity Index Fund, holds 2014 stocks so spreads risk better and has smaller charges.

Also look at the FTSE All-World UCITS ETF (VWRL).

Or you could build you own, taking funds,ETFs from each geographic area giving you a bit more control, I use this method.

Edited by anonymous-user on Tuesday 10th April 14:50

[bitchstewie]

Ari said:

I've also decided (as several on here have advised) to open a global tracker using my Vanguard platform. There are many to choose from.

This seems to fit the bill I think, any thoughts?

Vanguard Global Equity Fund
https://api.vanguard.com/rs/gre/gls/stable/documen...

If you want a global tracker and you're limited to Vanguard you could look at FTSE All-World UCITS ETF (VWRL)

[Ari]

1TurboTom said:

That is an active fund, holding only 201 stocks, is that what you want?

I don't know..!

1TurboTom said:

The FTSE Developed World ex-U.K. Equity Index Fund, holds 2014 stocks so spreads risk better and has smaller charges.

Also look at the FTSE All-World UCITS ETF (VWRL).

Or you could build you own, taking funds,ETFs from each geographic area giving you a bit more control, I use this method.

Great advice, thanks.

[Ari]

bhstewie said:

If you want a global tracker and you're limited to Vanguard you could look at FTSE All-World UCITS ETF (VWRL)

Another vote for the FTSE All-World UCITS ETF (VWRL). Interesting, thank you.

[bitchstewie]

Ari said:

Another vote for the FTSE All-World UCITS ETF (VWRL). Interesting, thank you.

I wouldn't say it's a "vote" as such, if you're on Vanguard and you want a true global tracker that's the only one.

[Ari]

Fair enough, I'll take that!

[Ari]

Just bought £200 worth to begin with (high finance, I know!).

Interestingly the 'order type' is showing as 'AtBest' rather than the usual 'single' for one off buys or 'regular' for the direct debit I have set up on my normal FTSE100 tracker. Any ideas?

[anonymous-user]

I think its due to it being an ETF, basically lots of peoples buy orders will be held until the 'best' time to buy during the day, probably....

All Vanguard ETFs have that order type in my experience.

[Ari]

Interesting. The FTSE100 buys seem to happen overnight on the day of the order (provided it's not too late) so it will be interesting to see when this one happens.

[bitchstewie]

Ari said:

Interesting. The FTSE100 buys seem to happen overnight on the day of the order (provided it's not too late) so it will be interesting to see when this one happens.

If it's an OEIC (a "fund") it'll likely be valued once a day so whilst it's a tracker it's not a "to the second" tracker.

ETF's are traded on the exchange and my understanding is they're similar to shares in that the buy price will differ by the exact time of day you (or your broker) trade.

[Ari]

Ah, okay thanks. I have lots to learn!

As of this morning it's still showing 'pending'.

And my FTSE100 tracker loss is down to -£233, a -4.21% return on investment, about the best it's been since it all went south thirty seconds after I put £5,000 into the fund in January!

[Ari]

The 'buy' has completed but at £178.45 rather than the £200 I put down (the rest hasn't disappeared, it's in my 'Available cash' part, which is where I put money initially and then buy with).

Odd. Still, it'll be interesting to see how this one does, particularly compared to the FTSE100 tracker (and will add to it regularly - hopefully!)

Ooh, in fact apparently it's made £1.04 profit! I shan't get too excited though, the FTSE100 tracker was going up for the first few days before it tanked!

[anonymous-user]

You only buy complete units, whole numbers, not 1.24 etc

[madbadger]

You would think a finance company could cope with fractions. My pension does every month. Same funding goes in and it buys whatever units it can that month.

[bitchstewie]

madbadger said:

You would think a finance company could cope with fractions. My pension does every month. Same funding goes in and it buys whatever units it can that month.

These are treated the same as shares though so it's different to units.