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.
@@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.
A broker is buying these for you essentially, spread is how a no commission broker makes money. They buy the asset for you and sell it to you and an increased cost, and when you decide to sell, they will do the same and buy from you for less than its value, the amount depends on the amount being bought/sold but it's often a small percentage. And where companies offer a low spread there's usually higher fees or vice versa.
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.
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!
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!!
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
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?
Vanguard has higher fees, its strange but true. Investing into vanguard funds is more costly through vanguard than though other methods such as trading212
Did you find out? Damien mentions Invest Engine and it seems Interactive Brokers offer accounts for Limited businesses too. Would be great to see a video of what the options are for a Limited business. I'd trying to find a provider that offers a competitive global index fund for ISA, LISA and Limited business so I dont have to deal with lots of different providers
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
It wasn’t widely available the last time I checked and can only be bought on platforms that have higher management fees which cancels out any savings you make.
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?
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
Drip fed £20k over 12months into the vanguard 80-20 index fund 2 years ago. Now its worth £19,800. Thats right, fk all growth and charges have resulted in a loss.
@@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?
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 ?
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.
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.
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.
That makes sense but you also have to think about not putting all of your eggs in one basket so you don't want to put everything you can invest into one place and have that go sideways.
Does it not matter that this Invesco fund is traded in USD from a UK investors point of view (if held within a stocks and shares ISA)? Genuinely curious.
09:28 outside of liquidity the TD of the Vanguard ETF has been almost perfect so far. The Invesco is so young it could potentially perform slightly worse and nullify the difference in TER. There is also a chance that Vanguard reduces the TER and the Invesco dies out in the next decade.
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?
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?
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.
Afternoon Damien, stumbled across this video and you present extremely well! Thank you. Please would you clarify an intriguing 'throw away' comment you made at the end of your video. To paraphrase from 12:03 - 12:08 - 'invest business capital without taking it out of the business.' Very many 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.
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.
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.
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 😢
Damiens videos are always so interesting, never thought talking about stock markets could be so interesting but Damien is a total expert.
1. Why 2. What and 3. How. Proper video! Great work and more of these please.
Thanks!
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.
Since I came across your page I’ve made some big progress in terms of investing. Thank you sir.🙏
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.
😊
Why do you use an app to buy your funds and not in a Vanguard Stocks & Shares ISA directly?
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 😊
Wtf is this dude showing all for free?! This is amazing work!! Thanks!
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...
This aged well
@@screambluemurder101vanguard fees have only changed for small amounts. It's still the same if you're investing good amounts
My favourite youtuber is back with more fantastic content - such a Legend
Thank you!
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.
A broker is buying these for you essentially, spread is how a no commission broker makes money.
They buy the asset for you and sell it to you and an increased cost, and when you decide to sell, they will do the same and buy from you for less than its value, the amount depends on the amount being bought/sold but it's often a small percentage. And where companies offer a low spread there's usually higher fees or vice versa.
does the spread matter so much if you are holding for 10+ years? would the fees not make a greater impact?
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.
How does it compare to iShares MSCI ACWI (ISAC)?
So why does VWRL consist of 3688 stocks but FWRG consist ‘only’ of 1745?
Its FWRA not FWRG.
@ It’s both
But what about Spread. If you do periodic purchases you will get less shares which significantly will impact your investment
So which index are you recommended. I an new, learning how to invest
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!
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?
Hey Damo - thanks for the video. I'm abit confused though....should I invest through Vanguard or through trading 212 and a vanguard ETF?
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!
One could say it was a Buffet of puns.
I watched this video but don’t remember the names of the funds he recommends. Can someone please list the fund names?
Thanks for explaining the fees. I was not even aware there are some. What platform are you usting to manage your portfolio?
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!!
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
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
What is the point? They all not do the same job?
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
From what he said in other videos, it seems to be due to fees and AERs (I could be wrong).
Vanguard has higher fees, its strange but true. Investing into vanguard funds is more costly through vanguard than though other methods such as trading212
Can you be certain that an index exists over 30 years?
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.
Great video! I'm new to all of this but I followed along just fine 😊❤
Interesting. I especially liked those turquoise dresses.
Haha!
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…
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
What is the ticker of the Invesco fund please
FWRG Acc
I am frantically taking notes 📝 This vid is set to be another Damo hit
Then please learn about a physical and synthetic ETF’s
Where can I find information about Trading 212 business accounts for limited company?
Thank you
Did you find out? Damien mentions Invest Engine and it seems Interactive Brokers offer accounts for Limited businesses too. Would be great to see a video of what the options are for a Limited business. I'd trying to find a provider that offers a competitive global index fund for ISA, LISA and Limited business so I dont have to deal with lots of different providers
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.
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.
Why a fund vs ETFs like VWRL or a mix of VEVE and VFEM? Seems like a cheaper option.
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
Why not LGGG? It’s only 0.1% fee.
Can you suggest where to look for world index funds available to the Canadian Market?
Damien, looking at your last option, HSBC all world looks like 0.13% and $3bn - how come that didn’t get a mention?
That's the one I am with.
Me too
Looks a safer and cheaper option - I’m looking to get started and don’t want to chop and change!
Same. Doesn’t ever seem to get much of a mention. Makes me wonder if people know something I don’t. 😅
It wasn’t widely available the last time I checked and can only be bought on platforms that have higher management fees which cancels out any savings you make.
Did you mention the ticker? I see two with the same name
cream
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?
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?
Drip fed £20k over 12months into the vanguard 80-20 index fund 2 years ago. Now its worth £19,800. Thats right, fk all growth and charges have resulted in a loss.
The markets can go up and down, it isn't just a straight line up come back in 10 years and tell me how you are doing then
Any info on how likely Vanguard would lower the VWRL fee to match/beat invesco?
Watching your channel grow has been brilliant, love the editing.
Thank you! Glad you enjoy the editing it’s what I spend 80% of my day doing 🤣
Invesco fund is in USD right? Will that not cause fx fees to be added on platforms like 212 & HL making it potentially as expensive as VWRL?
There are U.K. listed versions of the fund
Excellent video as always! With this index fund, what are people pairing it with for broader coverage in their ISA's?
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?
Damien - this fund is sampling though and on one of your videos you advised that wasn't great when compared to the vanguard?
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 ?
Hello guys I need help on my SIPP, managing it yourself or allowing them to manage it for you
Damien, you mentioned choosing a fund listed in GBP, is the VWRL listed in USD with Vanguard?
I want a vanguard option that lets me take my money out when i want. Any ideas for a nooby
All of them allow you to do this mate
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.
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?
So hang on, WHICH fund are you investing in? I think I missed it completely. Is it VWRL? Or is it fwrg?
The only one I’ll buy is the BlackRock one 👍🏻
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.
I really want to invest. I thought the idea is to rely on compounding using one fund to really maximise your return?
That makes sense but you also have to think about not putting all of your eggs in one basket so you don't want to put everything you can invest into one place and have that go sideways.
What platform can you buy the invesco ftse all world ucits etf on? Couldn't find it on ii 🤔
Trading 212
Love your channel, you give great advice, thanks so much, I really appreciate it.
My pleasure! I hope the videos help you with your own research. Have a lovely weekend! Damo
Holy...you smashed it with this one. Watching in Nov '24
Does it not matter that this Invesco fund is traded in USD from a UK investors point of view (if held within a stocks and shares ISA)? Genuinely curious.
FWRG is the lse listing which is gbx. Almost all base currencies are usd.
Fabulous video. Thank you ❤❤❤
09:28 outside of liquidity the TD of the Vanguard ETF has been almost perfect so far. The Invesco is so young it could potentially perform slightly worse and nullify the difference in TER. There is also a chance that Vanguard reduces the TER and the Invesco dies out in the next decade.
I think you're about to become my go to educator for someone who is about to become mortgage free and wants to invest!
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?
Great clear video Damian. Thanks. I’m annoyed seeing VanG US customers can mess around at 0.03 and 0.07. Ripped off again us Brits
It does feel that way doesn't it
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?
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
Nice one Damo. I have been adding more to VHYL recently but will take a closer look at FWRG myself 👍🏻
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
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?
how about amundi prime all countries world for 0.07?
In the uk?
@@Itsmejabs are they restricted in what they can buy?
@@p0gr I am not too sure - new to investing
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.
Thank you Damien! Through you, I finally managed to understand a bit from the investment world.
Afternoon Damien, stumbled across this video and you present extremely well! Thank you.
Please would you clarify an intriguing 'throw away' comment you made at the end of your video. To paraphrase from 12:03 - 12:08 - 'invest business capital without taking it out of the business.' Very many thanks.
Just got round to watching this video. The linguistic gymnastics are excellent. Michael burying under a black rock 🫵🏻🤣
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.
Thank you for explaining you thought process and providing a few concrete examples, very useful!
The World Series was from a news paper called The World.
Its not a reference to the globe !
Does anyone have any recommendations om what app/business to use for Stock? 🙂
A lot information and seems well researched 11:03
Good insight. What is your take on factor investing?
Another great video mate! Production is getting even better. Well done Damien!
Having VEVE and VFEM in your portfolio instead of VWRL is cheaper on fees...
My ISA is in Vanguard FTSE Global All Cap Index Fund
Great message Damien, but too many added in clips for me in this one . 😊