Best way to invest 60k

[Jurgen100]

Hi all,

I will have approximately 60k to invest from an impending car sale and I'm looking for suggestions where to invest. I'll be able to split the full amount across the family S&S ISA's.

I currently hold the following funds:
Legal & General US Index
iShares Core MSCI World ETF
Rathbone Global Opportunities
CT European Select
Jupiter India

The kids also hold Artemis Global Income which has done very well and I'll probably just top that up with their proportion of the funds.

Looking at an investment window of approx. 8 years. Should I just start up a position in Artemis myself, split across the funds I already hold, or dump all in one (leaning towards the iShares Core MSCI World ETF if I did this).

Any suggestions, guidance etc most appreciated.

[Johnson897210]

Vanguard Lifestrategy seems to be quite popular on here.

[anonymous-user]

S&P500

[Jurgen100]

Cheese on Toast with Worcestershire Sauce said:

S&P500

Is there a particular fund that covers the S&P500?

[bitchstewie]

S&P 500 is just some weird goto based on what's done well recently IMO.

Just because it's done well recently doesn't mean it will continue to do well and no IFA in their right mind would tell someone with £60K spare and an 8 year timescale to stick it in the S&P 500.

[mike13]

I’m in a similar situation with a similar amount, been doing a lot of reading/watching financial videos, the majority steering clear of SP500.
Many of them looking instead into European funds.

[Jurgen100]

bhstewie said:

S&P 500 is just some weird goto based on what's done well recently IMO.

Just because it's done well recently doesn't mean it will continue to do well and no IFA in their right mind would tell someone with £60K spare and an 8 year timescale to stick it in the S&P 500.

Interesting. One option I have is just to spread across my existing funds. Just undecided if I should load up some more than others.

[bitchstewie]

Nobody knows.

I've taken a conscious decision that I don't want as much exposure to the US as a global tracker would give but that isn't based on anything I'd ever suggest anyone else do as I'm essentially guessing.

A globally weighted tracker or multi-asset fund is about as neutral as you can get.

[mikeiow]

Jurgen100 said:

bhstewie said:

S&P 500 is just some weird goto based on what's done well recently IMO.

Just because it's done well recently doesn't mean it will continue to do well and no IFA in their right mind would tell someone with £60K spare and an 8 year timescale to stick it in the S&P 500.

Interesting. One option I have is just to spread across my existing funds. Just undecided if I should load up some more than others.

Have you got a feel for how those existing funds are doing?
I’d probably spread it across them.
I’d personally stick some (probs £10k) in PBs for ‘the chance’ to win a bit more. Not investing, but capital safe….unless you already have 50k in those.

[RSTurboPaul]

Britannias in the PMs of your choice, held physically.

[Simpo Two]

Jurgen100 said:

Cheese on Toast with Worcestershire Sauce said:

S&P500

Is there a particular fund that covers the S&P500?

Plenty of S&P500 trackers. But unless you have plenty invested elsewhere, don't put all £60K into it, you should spread the risk.

[C69]

Jurgen100 said:

Cheese on Toast with Worcestershire Sauce said:

S&P500

Is there a particular fund that covers the S&P500?

Don't people just say 'S&P500' as a joke now in threads like this?

OP, you already hold the L&G US Index fund which essentially does the same job (it just happens to use the FTSE USA Index as a benchmark rather than S&P's).

[C69]

Jurgen100 said:

I currently hold the following funds:
Legal & General US Index
iShares Core MSCI World ETF
Rathbone Global Opportunities
CT European Select
Jupiter India

What percentages of your overall holding do the five funds listed represent?

I think it's important to monitor actively-managed funds to check whether or not their higher costs represent good value for money.

For example, the Rathbone Global Opps fund has outperformed its index, but not consistently (according to Trustnet data). In fact, if you bought it five years ago, you'd have been better off buying a global tracker such as HSBC FTSE All World Index instead.



Unfortunately, the situation for CT European Select is much worse.

[xeny]

C69 said:

What percentages of your overall holding do the five funds listed represent?

I think it's important to monitor actively-managed funds to check whether or not their higher costs represent good value for money.

For example, the Rathbone Global Opps fund has outperformed its index, but not consistently (according to Trustnet data). In fact, if you bought it five years ago, you'd have been better off buying a global tracker such as HSBC FTSE All World Index instead.



Unfortunately, the situation for CT European Select is much worse.

This nicely leads into what I was going to post. By default, buy a global tracker. If you have strong convictions, consider "leaning" the portfolio in that direction by also buying a little of something else, but picking and choosing tends to take time which is often poorly rewarded.

[Jurgen100]

xeny said:

This nicely leads into what I was going to post. By default, buy a global tracker. If you have strong convictions, consider "leaning" the portfolio in that direction by also buying a little of something else, but picking and choosing tends to take time which is often poorly rewarded.

I already hold iShares Core MSCI World ETF which seems to tick the global tracker box. I could load that?

[mikeiow]

Jurgen100 said:

xeny said:

This nicely leads into what I was going to post. By default, buy a global tracker. If you have strong convictions, consider "leaning" the portfolio in that direction by also buying a little of something else, but picking and choosing tends to take time which is often poorly rewarded.

I already hold iShares Core MSCI World ETF which seems to tick the global tracker box. I could load that?

If you believe in the approach espoused by Lars (https://kroijer.com), you absolutely would do that.
Worth taking 30 mins (less if you speed up!) to have a list to his videos, I would suggest.