I did not discuss the HSBC fund in great detail here and i probably should have, I am sorry for this! It is an index fund and the brokers I use are primary ETF only. In my experience, the fee savings on this funds is offset by other fees charged by platforms that provide the fund. However, below is a sheet I have compiled. It goes through some of the major brokers and their fund options in a bit more detail, in case you are considering options outside of those I have listed in my description and which I personally use. handy cheat sheet together: financialinterest.com/index-fund-cheat-sheet/ It has an overview of leading brokers, their fees, their most popular funds, a glossary to simplify complicated jargon, and more!
I'm with ii and have the 'Vanguard FTSE Glb All Cp Idx £ Acc' and the fee is .24%. Has it gone up or am I looking at the wrong one? Damion has 'Vanguard FTSE Global All Cap' as .23%
@@donkeyshorn FTSE Global All Cap Index Fund (VAFTGAG) Accumulation 0.23% Reinvests any dividends with the aim of growing your investments over time Income Distributes any dividends to you, to take as an income Overview Price & Performance Portfolio Data Distributions Costs & Minimums NAV price (GBP) As at date 30 Jan 2024 £195.58 Change -£0.03 -(0.02%) Number of stocks As at date 31 Dec 2023 7,108 Stocks Ongoing charge (OCF) 0.23% Transaction costs apply Risk 5 5 out of 7
@@So.ladylike Not necessarily though there is a fair amount of overlap but that’s not necessarily a negative. Most important thing is to get started and build your income over time to continue investing more as time goes on. I just surpassed 500K from an initial deposit of 85K nineteen months ago
I lost a lot chasing individual stocks and I feel pretty stupid for not understanding how investing works. I have a double major in economics but I’ve been trying to make sense of the market. Well done on profits!
Keep it simple, buy things you understand, take some risk but don't try to shoot the lights out. I’m invested in low-cost ETFs, global index funds, and individual stocks and use a CFA. On average, she takes 10% off earnings, but using *Lina Dineikiene's* system makes it much more hands-off. I conservatively follow her recommendations and market entry and exit points, and tbh this makes it fairly simple for me :-)
Re Vanguard fees, I believe the Vanguard US parent company is a mutual co, owned by and for the benefit of their US investors. Charging higher fees in their non US jurisdictions (UK & AUS) enables them to keep the US fees artificially low 😢
You’ll need to consider tracking error and also how they might add performance at the margin eg: stocklending, trading around index announcements, corporate actions for example.
Great video, Damian! I completely agree with your approach to investing in passive, low-fee global index funds. It's all about keeping things simple and cost-effective. Fees can eat away at our returns over time, so I appreciate your diligence in finding the most cost-efficient options. Thanks for sharing your insights!
Great video! It's worth remembering that fees can change, so I don't think it's worth the faff of moving everything to a new platform unless the fees are SIGNIFICANTLY different. Gonna stick with Vanguard for now.
If you add a little more small cap and exclude small cap growth you do expect higher returns LONG TERM but also higher risk BUT better risk to reward ratio ! You might want to look at factor investing!
My take on it is like this: Low risk (safety orientated) => index funds (exposed to all companies worldwide) Moderate-High risk (return orientated) => Stocks/Shares (willing to take the risk for the potential for higher returns) Keeping it simple while having some structure to my approach. That’s what makes sense to me at least. It doesn’t matter if an investment brings back a 10% return if it costs you 1-2% in fees
I would probably add that index funds aren't completely low risk, as the stock market does fluctuate a lot. I'd probably have them as medium risk, with low risk being bonds/gilts, possibly precious metals or just plain old savings accounts now that interest rates are higher.
Great video. Regarding the fees section, where it states the vanguard fee is circa £32k on a £745k portfolio. When is the £32k charged? It is when you withdraw the portfolio from the account?
Good reminder for me. I'm moving more to passive with global OEIC's - V/g and HSBC - on a zero cost platform. I am keeping a small percentage in active funds but that suits my personality. KISS springs to mind. Keep it simple stupid!
Great video! So when you say you've got VWRL and FTSE global all cap. The all cap is direct with Vanguard and the VWRL fund is via Trading212. Have I understood that correctly? Out of interest, why not have everything through Vanguard?
I think if you live and work in the UK, it makes sense to invest in funds that exclude UK. If you look at your finances as a whole (salary and house etc), you're probably relatively overinvested in UK
I agree and have invested like this for years, on the basis that if the UK is doing well then so am i (eg money going into healthcare transport local councils etc) and if its not then the pound will fall and my foreign investments will do even better.
@@zanmatoshin877 Difference between asking price and bidding price of a stock. It indicates liquidity. Like when you buy or sell a currency, you see a small price difference.
Hi Damo, great job! Thanks for all your work! I have a questions regarding the currency part of the video. I have checked Invesco FTSE All-World UCITS ETF fact sheet and it says : The share prices are published in USD. I understand it's dealt on the London Stock Exchange however how does this solve your currency risk if the prices are in USD? Thank you!
There is actually an EVEN more inclusive index than the global allcap. It's called the 'ftse global total cap'. This also includes micro-cap stocks! Would be interesting if a fund came out that somehow included these...would it be worth it?
Probably not. The simple reason being that any individual microcap stock would likely have such a small impact on the fund total value that it would have negligible effect.
I note that Trading 212 appear to have the wrong KID linked to this fund stating that the charge is 0.22% (it's the Vanguard equivalent fund) . Not very helpful!!
Hi Damien, it would be interesting if you make a video about the mechanisms/tools that you use to compare funds or other securities. For example, from this video I was able to learn about FTSE Russell and FT's fund comparison tool.
Thanks Damien, struggled for a couple of weeks now to actually get my head around what fund to use and how to finally start investing properly and regularly, lots of great videos about how important it is to make use of compounding but none that help with the nitty gritty of finding the right way to unlock that. Appreciate all your insights and very supportive of your channel.
Instead of using VWRL(0.22%), is there any reason you weren't using a split of VEVE(0.12%) and VFEM(0.22%) to create the same portfolio as VWRL but with lower overall fees. In fact a 90% VEVE 10% VFEM split still has lower overall fees than the INVESCO option.
If i am honest i don't like rebalancing myself i want the core holding to be as simple as possible.I could rebalance simply using pie features and such on the brokers i use.. But yeah maybe i am just lazy
The Market have been suffering over the past month, with all the three indexes recording losses in recent weeks. My $400,000 portfolio is down by approximately 20%, any recommendations to scale up my returns before retirement will be highly appreciated.
Find stocks with market-beating yields and shares that at least keep pace with the market for a long term. For a successful long-term strategy I recommend you seek the guidance a broker or financial advisor.
How can one find a verifiable financial planner? I would not mind looking up the professional that helped you. I will be retiring in two years and I might need some management on my much larger portfolio. Don't want to take any chances.
Probably a really stupid question here & sorry in advance if it is obvious. If I buy shares that stipulate I do not get the dividends but they are automatically reinvested to reap the benefits of compounding, this will obviously grow the assets effectively over time. But: When it comes to a certain point where I feel I have reached my goal & want to receive the dividends myself, Would this mean I need to sell the shares that are automatically reinvesting in the capital, and swap them out for ones that pay me personally? Which makes me think: Why not always buy the version of the share that pays me and manually reinvest instead ?
Interactive Investor says the Key Investor Information Docuement for this Invesco fund is missing and hence you can't buy it on the platform - extremely annoying
@DamienTalksMoney hi great video as always but could i ask for a little clarity please? At the start of the video you say you are going to change this each month! As it takes several days to sell and buy and 30 days if you transfer i do not see how this makes sense? Or did i misunderstand what you said ?
HMRC doesn’t think fractional shares qualify as ISA holdings. how will thic change the practise of using T212 or Freetrade to buy the accumlilation version of an ETF?
I've recently discovered you Danien and value your content. The Investco ETF uses sampling rather than buying all the stocks in the index. What are your thoughts on this strategy? I apologise if this question has been asked, it seems hard to search comments on a video.
Great content as always. I looked on 212 for the invesco fund and it came up with three different ticker symbol options ? Which one is the distribution option ? Many thanks.
Hi Damien, one thing you didn’t consider was the tracking error rate offered by vanguard which far surpasses anything else on the market. From my perception this is why the vanguard all cap is worth the extra fee relative to HSBC or MSCI.
Aren't there some higher taxes on all overseas funds as opposed to UK funds since you are a UK resident. Is it not better to find the UK index that is closest performing to a global index and invest in that in order to save on taxes?
@@DamienTalksMoney so for a beginner investor such as myself who doesn't have the time to analyse and reinvest himself and just wants to invest and leave the fund alone, would you recommend to buy the VWRP?
Ive added this to my portfolio, just a really simple 3 fund portfolio, vanguard s&p, invesco nasdaq 100 and invesco all world. All acc and looking to just set and forget for the next 30 years, dollar cost averaging. I have a question though, why would someone choose index funds over ETFs?
I've been giving this alot of thought today. I am personally looking into the US index funds and was looking into something ex-top 7 market weight stocks. Something to hedge against the huge gains of the big cap stocks and bets on small caps medium caps making come backs.
FWRG is the Acc version where your dividends will be automatically re-invested, FTWG is the Dist version where the Dividends will be paid to your account.
Instead of going with the Global fund, you can split you investments in sp500/europe/pacific/emerging. Like that you don't pay the whole amount at 0.25%
Stupid question here. When you talk about investing elsewhere, do you transfer your, let's say vanguard, existing isa across to InvestEngine to take advantage of the lower fees or simply wait until the next tax year rolls around and open up a new one with the existing still running on the other platform.
Not a stupid question! No I leave my previous isa where It is. You can have multiple ISAs with different providers the rule is you can only pay into 1 each month
Hi Damian, you briefly mentioned business investing though your Ltd company. Can you explain this further please, or have you already made a video on this?
Invest engine offer a service where you can invest funds held inside of an LTD. You wont get the tax wrapper protection of say an ISA, but of course you will get the tax savings from not pulling the money out of the company
I'm surprised to see that no one has mentioned India. It has outperformed SPX and NDX, it is now the 5th largest economy, and less affected by energy than the west.
The fee for 0.15% per annum for invesco will that stay the same for 30 years or can it change or increase in 2 years time and then the fee costs more than vanguards?
I did not discuss the HSBC fund in great detail here and i probably should have, I am sorry for this! It is an index fund and the brokers I use are primary ETF only. In my experience, the fee savings on this funds is offset by other fees charged by platforms that provide the fund. However, below is a sheet I have compiled. It goes through some of the major brokers and their fund options in a bit more detail, in case you are considering options outside of those I have listed in my description and which I personally use.
handy cheat sheet together: financialinterest.com/index-fund-cheat-sheet/
It has an overview of leading brokers, their fees, their most popular funds, a glossary to simplify complicated jargon, and more!
Fantastic and much appreciated - Well done.
I'm with ii and have the 'Vanguard FTSE Glb All Cp Idx £ Acc' and the fee is .24%. Has it gone up or am I looking at the wrong one? Damion has 'Vanguard FTSE Global All Cap' as .23%
@@donkeyshorn FTSE Global All Cap Index Fund (VAFTGAG)
Accumulation 0.23%
Reinvests any dividends with the aim of growing your investments over time
Income
Distributes any dividends to you, to take as an income
Overview
Price & Performance
Portfolio Data
Distributions
Costs & Minimums
NAV price (GBP)
As at date 30 Jan 2024
£195.58
Change
-£0.03 -(0.02%)
Number of stocks
As at date 31 Dec 2023
7,108 Stocks
Ongoing charge (OCF)
0.23%
Transaction costs apply
Risk
5
5 out of 7
@@donkeyshorn i think the ETF version is slightly cheaper for some reason
What’s the pros and cons of index vs ETF?
I have a 3 fund portfolio but I have finally decided to invest in ETFs, alongside. I’m looking at SCHD, VUG, VOO, XLK or SCHG.
Great picks! I like XLK and SCHD equally!
@@ms.scooterrider thank you! Actually would it be silly to have both?
@@So.ladylike Not necessarily though there is a fair amount of overlap but that’s not necessarily a negative. Most important thing is to get started and build your income over time to continue investing more as time goes on. I just surpassed 500K from an initial deposit of 85K nineteen months ago
I lost a lot chasing individual stocks and I feel pretty stupid for not understanding how investing works. I have a double major in economics but I’ve been trying to make sense of the market. Well done on profits!
Keep it simple, buy things you understand, take some risk but don't try to shoot the lights out. I’m invested in low-cost ETFs, global index funds, and individual stocks and use a CFA. On average, she takes 10% off earnings, but using *Lina Dineikiene's* system makes it much more hands-off. I conservatively follow her recommendations and market entry and exit points, and tbh this makes it fairly simple for me :-)
Nicely done, well taught. As a retired finance/economics prof, your teaching skills are much superior to mine.
Re Vanguard fees, I believe the Vanguard US parent company is a mutual co, owned by and for the benefit of their US investors. Charging higher fees in their non US jurisdictions (UK & AUS) enables them to keep the US fees artificially low 😢
Cathie Wood'er, should'er, could'er. Great line.
Find your videos always have great writing 👍
Thank you so much! I spend the most time on the writing side of things so really appreciate the nod to the script.
Crashy wood is
You deserve a "like" for that line.
Damiens videos are always so interesting, never thought talking about stock markets could be so interesting but Damien is a total expert.
You’ll need to consider tracking error and also how they might add performance at the margin eg: stocklending, trading around index announcements, corporate actions for example.
Your editing is so good! So engaging and witty.
1. Why 2. What and 3. How. Proper video! Great work and more of these please.
Great video, Damian! I completely agree with your approach to investing in passive, low-fee global index funds. It's all about keeping things simple and cost-effective. Fees can eat away at our returns over time, so I appreciate your diligence in finding the most cost-efficient options. Thanks for sharing your insights!
Somehow, I like this chap and what he says.
😊
Great video! It's worth remembering that fees can change, so I don't think it's worth the faff of moving everything to a new platform unless the fees are SIGNIFICANTLY different.
Gonna stick with Vanguard for now.
If customers stick with Vanguard, then the fees on that platform are unlikely to change.
@@pistopitpit keep what you have but continue investing on the new one with cheaper fee. They WILL get the message...
So why does VWRL consist of 3688 stocks but FWRG consist ‘only’ of 1745?
If you add a little more small cap and exclude small cap growth you do expect higher returns LONG TERM but also higher risk BUT better risk to reward ratio ! You might want to look at factor investing!
I am frantically taking notes 📝 This vid is set to be another Damo hit
Then please learn about a physical and synthetic ETF’s
New subscriber here. These are great videos. Very well presented with useful, practical advice.
Welcome to the channel and thank you for the lovely comment 😊
My favourite youtuber is back with more fantastic content - such a Legend
Thank you!
I’m invested in VUSA and the Global All Cap index funds on Vanguard? Should I be just investing in one? Am I wasting money on fees?
Management fees are a drag on your investment.
@@sid35gbdo you suggest just investing in one?
Excellent video as always! With this index fund, what are people pairing it with for broader coverage in their ISA's?
Wtf is this dude showing all for free?! This is amazing work!! Thanks!
My take on it is like this:
Low risk (safety orientated) => index funds (exposed to all companies worldwide)
Moderate-High risk (return orientated) => Stocks/Shares (willing to take the risk for the potential for higher returns)
Keeping it simple while having some structure to my approach. That’s what makes sense to me at least. It doesn’t matter if an investment brings back a 10% return if it costs you 1-2% in fees
I would probably add that index funds aren't completely low risk, as the stock market does fluctuate a lot. I'd probably have them as medium risk, with low risk being bonds/gilts, possibly precious metals or just plain old savings accounts now that interest rates are higher.
This guys ability to frame a narrative makes his videos so engaging
Lovely feedback thank you
Since I came across your page I’ve made some big progress in terms of investing. Thank you sir.🙏
Hey Damo - thanks for the video. I'm abit confused though....should I invest through Vanguard or through trading 212 and a vanguard ETF?
From Australia. I spread over 3 funds 25% ASX 200, 25% S&P 500, 50% all-world ex US.
Sounds like a future headache of rebalancing and unnecessary risk / admin. Just use a global fund
Great video. Regarding the fees section, where it states the vanguard fee is circa £32k on a £745k portfolio. When is the £32k charged? It is when you withdraw the portfolio from the account?
Why do you use an app to buy your funds and not in a Vanguard Stocks & Shares ISA directly?
So your telling me there’s absolutely no difference between the invesco 0.15% fee and the VWRL 0.22%, only difference at all is the fees?
Do explain
Good reminder for me. I'm moving more to passive with global OEIC's - V/g and HSBC - on a zero cost platform. I am keeping a small percentage in active funds but that suits my personality.
KISS springs to mind.
Keep it simple stupid!
do you have a video that walks you through setting up a stocks and share isa, which provider you go with etc? does it matter?
You deserve more credit for the top notch string of financier puns at 2:57
Thank you!
Great video! So when you say you've got VWRL and FTSE global all cap. The all cap is direct with Vanguard and the VWRL fund is via Trading212. Have I understood that correctly? Out of interest, why not have everything through Vanguard?
Same question
Good insight. What is your take on factor investing?
Why a fund vs ETFs like VWRL or a mix of VEVE and VFEM? Seems like a cheaper option.
Interesting. I especially liked those turquoise dresses.
Haha!
I think if you live and work in the UK, it makes sense to invest in funds that exclude UK.
If you look at your finances as a whole (salary and house etc), you're probably relatively overinvested in UK
@@Gjudxdkjyzddhjnr7091 yeah, I do not live in the UK and the strategy worked great for me too
Provably best not to take financial advice from a youtube post... my uk investments have done really well the the past few years
@@83craigshagcan I ask how you invest in the UK coz the only thing that makes sense for me In this poxed country is Bonds 🤷♂️ lol
I agree and have invested like this for years, on the basis that if the UK is doing well then so am i (eg money going into healthcare transport local councils etc) and if its not then the pound will fall and my foreign investments will do even better.
Damien, you mentioned choosing a fund listed in GBP, is the VWRL listed in USD with Vanguard?
Damien - this fund is sampling though and on one of your videos you advised that wasn't great when compared to the vanguard?
I really want to invest. I thought the idea is to rely on compounding using one fund to really maximise your return?
The spread is a hidden cost. On Vanguard it's 0.03, on Invesco 0.29. What you're gaining in total expense you're loosing in spread.
What is spread??
@@zanmatoshin877 Difference between asking price and bidding price of a stock. It indicates liquidity. Like when you buy or sell a currency, you see a small price difference.
That Invesco ETF has an indicative spread of 0.27% so factor that in as well, but at least that is only one hit when money goes in and not yearly.
So which index are you recommended. I an new, learning how to invest
Hi Damo, great job! Thanks for all your work! I have a questions regarding the currency part of the video.
I have checked Invesco FTSE All-World UCITS ETF fact sheet and it says : The share prices are published in USD. I understand it's dealt on the London Stock Exchange however how does this solve your currency risk if the prices are in USD? Thank you!
My preference is for the VEVE etf currently. It tends to outperform VWRL with no emerging markets…but then I have some AEI for that…
My ISA is in Vanguard FTSE Global All Cap Index Fund
If only starting investing would the Investco be the best to all in for?
What is the ticker of the Invesco fund please
FWRG Acc
Having VEVE and VFEM in your portfolio instead of VWRL is cheaper on fees...
There is actually an EVEN more inclusive index than the global allcap. It's called the 'ftse global total cap'. This also includes micro-cap stocks! Would be interesting if a fund came out that somehow included these...would it be worth it?
Probably not. The simple reason being that any individual microcap stock would likely have such a small impact on the fund total value that it would have negligible effect.
Interesting video Damien.
Would L&G Global Equity UCITS ETF (LGGG) be a comparable option to the Invesco ETF mentioned in the video.
I note that Trading 212 appear to have the wrong KID linked to this fund stating that the charge is 0.22% (it's the Vanguard equivalent fund) . Not very helpful!!
You didn't compare the HSBC Fund?
I don’t think it’s widely available.
@@MatthewMills. Yeah I did have a look and they seem have a huge range on the HSBC website but not many available on other platforms.
I watched this video but don’t remember the names of the funds he recommends. Can someone please list the fund names?
What would you do if you have 100k spare? Mortgage/housing out of the question. Thanks.
Hi Damien, it would be interesting if you make a video about the mechanisms/tools that you use to compare funds or other securities. For example, from this video I was able to learn about FTSE Russell and FT's fund comparison tool.
Thanks Damien, struggled for a couple of weeks now to actually get my head around what fund to use and how to finally start investing properly and regularly, lots of great videos about how important it is to make use of compounding but none that help with the nitty gritty of finding the right way to unlock that. Appreciate all your insights and very supportive of your channel.
Instead of using VWRL(0.22%), is there any reason you weren't using a split of VEVE(0.12%) and VFEM(0.22%) to create the same portfolio as VWRL but with lower overall fees.
In fact a 90% VEVE 10% VFEM split still has lower overall fees than the INVESCO option.
If i am honest i don't like rebalancing myself i want the core holding to be as simple as possible.I could rebalance simply using pie features and such on the brokers i use.. But yeah maybe i am just lazy
@@DamienTalksMoney Simplicity is a perfectly fair reason :) Have a good day
Great Vidoe!! If I have 10k would you advice to put it as whole in FTSE developed world or monthly pay?
I would say as a whole at once. Its for long term anyway
The Market have been suffering over the past month, with all the three indexes recording losses in recent weeks. My $400,000 portfolio is down by approximately 20%, any recommendations to scale up my returns before retirement will be highly appreciated.
Find stocks with market-beating yields and shares that at least keep pace with the market for a long term. For a successful long-term strategy I recommend you seek the guidance a broker or financial advisor.
How can one find a verifiable financial planner? I would not mind looking up the professional that helped you. I will be retiring in two years and I might need some management on my much larger portfolio. Don't want to take any chances.
Thank you for this amazing tip. I just looked the name up, wrote her explaining my financial market goals and scheduled a call.
I moved to invesco the moment it came out. Happy so far
All been working ok for you?
Probably a really stupid question here & sorry in advance if it is obvious.
If I buy shares that stipulate I do not get the dividends but they are automatically reinvested to reap the benefits of compounding, this will obviously grow the assets effectively over time.
But: When it comes to a certain point where I feel I have reached my goal & want to receive the dividends myself,
Would this mean I need to sell the shares that are automatically reinvesting in the capital, and swap them out for ones that pay me personally?
Which makes me think: Why not always buy the version of the share that pays me and manually reinvest instead ?
Interactive Investor says the Key Investor Information Docuement for this Invesco fund is missing and hence you can't buy it on the platform - extremely annoying
Can you suggest where to look for world index funds available to the Canadian Market?
So hang on, WHICH fund are you investing in? I think I missed it completely. Is it VWRL? Or is it fwrg?
Hello guys I need help on my SIPP, managing it yourself or allowing them to manage it for you
@DamienTalksMoney hi great video as always but could i ask for a little clarity please? At the start of the video you say you are going to change this each month! As it takes several days to sell and buy and 30 days if you transfer i do not see how this makes sense? Or did i misunderstand what you said ?
Why not LGGG? It’s only 0.1% fee.
Gives me a little comfort knowing I also buy VWRL every month. If its good enough for Damo 😂
Great fund mate, i have most my net worth in it
HMRC doesn’t think fractional shares qualify as ISA holdings. how will thic change the practise of using T212 or Freetrade to buy the accumlilation version of an ETF?
I've recently discovered you Danien and value your content.
The Investco ETF uses sampling rather than buying all the stocks in the index. What are your thoughts on this strategy?
I apologise if this question has been asked, it seems hard to search comments on a video.
Great content as always. I looked on 212 for the invesco fund and it came up with three different ticker symbol options ? Which one is the distribution option ? Many thanks.
The one with (Dist) in the name.
@@NightElff88 it didn't state dist or Acc. On 212 ?
What happens if the fund does close? Do you just get paid out what you invested and gains made?
Yes the fund manager will return capital to investors
FWRG appears to be at a high point so would it be better to wait for a price drop...am new to ETF's?
The only one I’ll buy is the BlackRock one 👍🏻
Hi Damien, one thing you didn’t consider was the tracking error rate offered by vanguard which far surpasses anything else on the market.
From my perception this is why the vanguard all cap is worth the extra fee relative to HSBC or MSCI.
What’s this?
Aren't there some higher taxes on all overseas funds as opposed to UK funds since you are a UK resident.
Is it not better to find the UK index that is closest performing to a global index and invest in that in order to save on taxes?
Damien, why would you buy a Dist fund than an Acc fund - why VWRL and not VWRP? isn't reinvestment the key to compounding interest?
I just like to do the reinvesting myself manually. The process of reinvestment still happens
@@DamienTalksMoney so for a beginner investor such as myself who doesn't have the time to analyse and reinvest himself and just wants to invest and leave the fund alone, would you recommend to buy the VWRP?
Are some of these USD base funds cheaper because they loan stock?
Ive added this to my portfolio, just a really simple 3 fund portfolio, vanguard s&p, invesco nasdaq 100 and invesco all world. All acc and looking to just set and forget for the next 30 years, dollar cost averaging. I have a question though, why would someone choose index funds over ETFs?
I've been giving this alot of thought today. I am personally looking into the US index funds and was looking into something ex-top 7 market weight stocks. Something to hedge against the huge gains of the big cap stocks and bets on small caps medium caps making come backs.
alot
ETF such as the Invesco are not covered by the FSCS, whereas your other funds are covered. Important aspect.
Wrong fscs covers up to 85k no distinction between etf and othet funds, its per account
@@HeshkinpETFs have no FSCS protection at all.
What happens if your brand new ETF closes down? Do you lose your money ?
HSBC FTSE All World Index is 0.13%
The World Series was from a news paper called The World.
Its not a reference to the globe !
I think you're about to become my go to educator for someone who is about to become mortgage free and wants to invest!
Would the invesco fund be affected by the new hmrc proposed changes?
212 comes up with up 5 invesco all world, which/what symbol is best ?
Ticker -> FWRG if you live in the UK. The others are in foreign currencies such as $, € etc.
FWRG is the Acc version where your dividends will be automatically re-invested, FTWG is the Dist version where the Dividends will be paid to your account.
whats the best global bond ETF at the moment?
Did you mention the ticker? I see two with the same name
cream
Hi Damien! Good video. What about LGGG? I just moved my vanguard to here using the same kind of reasoning
Holy...you smashed it with this one. Watching in Nov '24
Invest engine only has Invesco ftse all world fwrg, is this the fund you are talking about?
Instead of going with the Global fund, you can split you investments in sp500/europe/pacific/emerging. Like that you don't pay the whole amount at 0.25%
fed up of low returns on my pension pot with Quilter can you advise for me to do it myself
Stupid question here. When you talk about investing elsewhere, do you transfer your, let's say vanguard, existing isa across to InvestEngine to take advantage of the lower fees or simply wait until the next tax year rolls around and open up a new one with the existing still running on the other platform.
Not a stupid question! No I leave my previous isa where It is. You can have multiple ISAs with different providers the rule is you can only pay into 1 each month
@@DamienTalksMoney Oh i see thanks! I thought it was only one each year. Was that ever the case?
Hi Damian, you briefly mentioned business investing though your Ltd company.
Can you explain this further please, or have you already made a video on this?
Invest engine offer a service where you can invest funds held inside of an LTD. You wont get the tax wrapper protection of say an ISA, but of course you will get the tax savings from not pulling the money out of the company
Why would you move your money from Vanguard to Investo (when the fund gets bigger) since you have to pay tax for all that sum?
I'm surprised to see that no one has mentioned India. It has outperformed SPX and NDX, it is now the 5th largest economy, and less affected by energy than the west.
The fee for 0.15% per annum for invesco will that stay the same for 30 years or can it change or increase in 2 years time and then the fee costs more than vanguards?
Thank you for explaining you thought process and providing a few concrete examples, very useful!