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.

[Cheese on Toast with Worcestershire Sauce]

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.