Which fund to put in my ISA after these recent rebound

[Vergis]

I have some cash in an isa and an offer to borrow £15k @ 2.4% for 18 months. So I am thinking which fund to put it in ?#

I already hold Lindsell Train Global Equity for many years which has been brilliant but think I should wait for a buying opportunity before buying more.

Are there any other funds I should look at?

( I also have Ballie Giff Small Jap and ManGLG which are performing poorly)

[putonghua73]

I'd pass on the offer [leverage]. You would be taking on a disproportionate amount of risk for little profit when you take into account 2.4% interest repayment, plus any fund fee - Lindsell is 1.21% I believe?

You're looking at 3.61% costs before any profit - all on £15k. Given that we are no longer in a bull run (market highs have been progressively lower since Jan 2018), plus more negative economic signals, and the risk / reward is heavily skewed towards risk over any potential return.

Others may be able to provide options for you. I'm of the belief that the easy money has long since left the station and the risk factor has increased.

[Vergis]

putonghua73]I'd pass on the offer [leverage said:

. You would be taking on a disproportionate amount of risk for little profit when you take into account 2.4% interest repayment, plus any fund fee - Lindsell is 1.21% I believe?

You're looking at 3.61% costs before any profit - all on £15k. Given that we are no longer in a bull run (market highs have been progressively lower since Jan 2018), plus more negative economic signals, and the risk / reward is heavily skewed towards risk over any potential return.

Others may be able to provide options for you. I'm of the belief that the easy money has long since left the station and the risk factor has increased.

Interesting , especially when you put the case that the actual cost is 3.61% of borrowing.

Yes we could be at the tail end of the bull market. I have been tempted to close the ISA and re-enter at lower price but they say its a fools errand to time the market. The yeild curve inversion on the 10 year had me concerned in March but it has since rebounded. If it drops again for a protraced amount of time the average time to recession is 18 months if it happens. But has known to occur within 6 and be delayed as much as 2 years.

I do think that as we enter a US election next year the economy will not tank. Trump wont allow it plus the Fed have ammunition to lower interest rates to provide more alcohol to the punch bowl of liquidity. The hangover has been postponed a while and may continue to do so.