Am I doing the right thing - Lindsell Train Global Equity

[gregs1959]

Lindsell Train Global Equity Class D - Income (GBP)

Just transferred £65,000 from my cash Isa into Hargreaves Lansdown. It's being held pending my instructions. Do I put it in the above socks and shares Isa.

Mark

[gregs1959]

Still no clearer lads. Do I or don't I. If not then what ?

Mark

[gregs1959]

Ha Double six ..... I wish

[gregs1959]

Side kicks :-

What are you trying to achieve? :- Be nice to see some growth rather than a measly 1% in a cash Isa.
Over what time period? :- Happy for it to be tied up 5 years.

How much can you afford to lose? :- Could realistically afford to loose the lot. It's been hard earned and I'd be gutted if i did.

What else do you invest in? :- My other half has similar amount in Fundsmith.

Back ground to it. We've both had these amounts £130,000 between us tied up in cash Isa's doing bugged all over the last few years. Be nice if we could see a bit more growth. 5-10 % would be lovely.

Thanks again for you all trying to advise. It's appreciated.
Mark

[gregs1959]

Sorry meant sidicks

Late in evening and I'm off to bed .......

[gregs1959]

This shows my naivety I didn't realise you was able to hold different funds/shares in the one Isa. Can't believe it. Anyhow thanks to all your posts I've spread it about a little :-

Standard Life Inv Global Smaller Companies

Baring Europe Select

Lindsell Train Global Equity Class D.

I might as well also tell you, I have previously also put £65,000 in one fund 🙏🏻 (Fundsmith) as again didn't know i was able to mix and match. ( before anyone pick up that's my wife's Isa)

Question ? Am I still too exposed due to the amount in Fundsmith. Only just transferred it in last month or do I leave it. ?

I am currently putting £1,000 month split between Fundsmith and Linsdell Train Global Equity do I leave it be or swop to something else to balance things further. ?

Once again thanks lads for your input it has been invaluable.
Mark

[gregs1959]

Jonny 70

This is where I am :-

Now split my funds up slightly.

£75,000 - Fundsmith. (Had 10,000 before moved a cash Isa in last month)
£27,000 - Lindsell Train Global Equity Class D.
£25,00 - Standard Life Inv Global Smaller Companies
£15,000 - Baring Europe Select.

£15,000 in cash Isa
£70,000 in NS&I
Few grand under the bed lol

Never previously put any Money in S&S always in cash accounts. Oh for the days when you could get 7% interest 🙏🏻

[gregs1959]

Jonny 70

This is where I am :-

Now split my funds up slightly.

£75,000 - Fundsmith. (Had 10,000 before moved a cash Isa in last month)
£27,000 - Lindsell Train Global Equity Class D.
£25,00 - Standard Life Inv Global Smaller Companies
£15,000 - Baring Europe Select.

£15,000 in cash Isa
£70,000 in NS&I
Few grand under the bed lol

Never previously put any Money in S&S always in cash accounts. Oh for the days when you could get 7% interest 🙏🏻

[gregs1959]

Jonny 70

40% of your savings is in global funds (funds smith and lindsell global are very similar funds )
I would invest some in a Uk fund as well.

What do u hope to achieve with your savings ?(use them in retirement ?)

Do you have a pension pot ? / any investment properties ?
( ex If u don't and are planning on using your savings in retirement and were to be retiring soon investing most of your money in global funds may not be the smartest move if there was a stock market correction in next few years )

It's all about the bigger picture and what u hope to achieve !




Ha I have a great pension 😢😤😤 all £145.00 per month. Came out of them years ago and started investing in property. Semi retired now and able to enjoy decent standard of living from them alone.

So in answer to your question no I don't intend/need to spend the money in retirement, but never say never eh.

To be honest the thought had crossed my mind to suspend contributing £1000.00 month split between Fundsmith and HL Global Train
and put it into something else ?????

Yes I suspected naively the 2 funds were similar just thought would put similar amounts in both.

Fundsmith today showing me a - £1,900
HL Global Eqiuty + £250.00

Bigger picture anything more than a 1.5% increase and I'm better off than leaving in a cash Isa, although be nice 5% + due to the potential risk factor

Mark

[gregs1959]

Update from me .......

Up date from me.....

Carried on investing and increased my premiums from April 2018. Was at one time £32,000 up on my/wife portfolios. Fundsmith and Lindsell Train was doing fabulous followed my standard life global smaller companies. Then before Christmas boom.....🤢🤢🤢was down to about + £6,000.

Markets recovered in Jan/Feb and due mainly to Trade Wars with America /China pulled most of my/wife’s investments out apart from £15,000 in Fundsmith. ( should have left it all in as it’s continued to increase from middle February) and £4,000 in Lindsell Train.

Still did ok +£25,000 that’s over 18 months. Fundsmith No 1 and closely followed by Lindsell Train.

Didn’t realise withdrawing from fundsmith I would loose my previous Isa’s allowance 🤢unlike Hargreaves Lansdown where it’s been withdrawn but in a holding account still sheltered.

So now I’m torn what to do and when to do it. Fundsmith and Lindsell Train continue the steady march on .......