Funds Insider - Opening the door to funds

Welcome to the Citywire Funds Insider Forums, where members share investment ideas and discuss everything to do with their money.

You'll need to log in or set up an account to start new discussions or reply to existing ones. See you inside!

Notification

Icon
Error
wealth manager recommendations
+ Reply to discussion
Options
TJL
Posted: 17 February 2019 14:42:35(UTC)
#11

Joined: 14/03/2011(UTC)
Posts: 1,630

Thanks: 865 times
Was thanked: 2330 time(s) in 915 post(s)
Would you recommend any, particularly, at the moment?
(I am already seriously invested (long/longish term) in SMT and EWI.)
Back to top Quote
 |  Edit by user
1 user thanked TJL for this post.
Robert Galbraith on 17/02/2019(UTC)
Big boy
Posted: 17 February 2019 17:35:41(UTC)
#12

Joined: 20/01/2015(UTC)
Posts: 6,685
TJL;77512 wrote:
Would you recommend any, particularly, at the moment?
(I am already seriously invested (long/longish term) in SMT and EWI.)


I would not be holding SMT/EWI as both standing on premium and overvalued in my opinion.
Check out Trustnet and you should find a few good conventional trusts with discounts of 10%.
Back to top Quote
MBA MBA
Posted: 17 February 2019 17:46:19(UTC)
#14

Joined: 16/12/2012(UTC)
Posts: 1,725

Thanks: 3475 times
Was thanked: 3599 time(s) in 1156 post(s)
Vanguard life strategy and cut out Annabelle / Giles. buy yourself a porcshe instead of buying them one
Back to top Quote
1 user thanked MBA MBA for this post.
Robert Galbraith on 17/02/2019(UTC)
Big boy
Posted: 17 February 2019 17:56:11(UTC)
#13

Joined: 20/01/2015(UTC)
Posts: 6,685
TJL;77512 wrote:
Would you recommend any, particularly, at the moment?
(I am already seriously invested (long/longish term) in SMT and EWI.)

Suggest split between (I recommend you don't "Cherrypick")

Bruner
Brit Empire
Herald
Invesco Income Growth
Law Debenture
The Mercantile I/T
Scottish Investment Tst
Edinburgh I/T

Average discount close to 10%.

Don't forget you can meet the board and FM at AGMs and the directors can sack the Managers if they start to underperform.
Back to top Quote
5 users thanked Big boy for this post.
Aminatidi on 17/02/2019(UTC), Jenki on 02/04/2019(UTC), The Spanish Inquisition on 15/04/2019(UTC), Ronin on 13/06/2019(UTC), Adrian Sherlock on 29/01/2020(UTC)
Big boy
Posted: 17 February 2019 17:59:59(UTC)
#15

Joined: 20/01/2015(UTC)
Posts: 6,685
Ash Patel;77526 wrote:
Vanguard life strategy and cut out Annabelle / Giles. buy yourself a porcshe instead of buying them one


I am sure the owners of Vanguard have a Porsche and many other toys.....
Back to top Quote
1 user thanked Big boy for this post.
Aminatidi on 17/02/2019(UTC)
MBA MBA
Posted: 17 February 2019 18:04:07(UTC)
#16

Joined: 16/12/2012(UTC)
Posts: 1,725

Thanks: 3475 times
Was thanked: 3599 time(s) in 1156 post(s)
The owners of vanguard are the investors in the funds. It’s a not for profit. Were it not for vanguard we would all be paying even more in fees to Annabelle and Giles. Vanguard have driven down industry prices hence why they are hated by the industry. Alas the British investor is not as clued upas the American. Long live John Bogle
Back to top Quote
2 users thanked MBA MBA for this post.
Robert Galbraith on 17/02/2019(UTC), Tim D on 17/02/2019(UTC)
DIY Investing
Posted: 17 February 2019 18:14:16(UTC)
#17

Joined: 29/09/2018(UTC)
Posts: 3,828

Thanks: 2322 times
Was thanked: 10686 time(s) in 3136 post(s)
If you really don't want to manage your own investments, the most consistent wealth managers out there might very well be a series of computers at Vanguard/BlackRock/L&G/ HSBC....

In other words, something like a Lifestrategy or Target Retirement fund.

These computers are a lot cheaper than humans, less emotional, and less prone to try and 'respond to changes in the market'.
Back to top Quote
1 user thanked DIY Investing for this post.
Investor99 on 05/08/2019(UTC)
TJL
Posted: 17 February 2019 18:36:53(UTC)
#18

Joined: 14/03/2011(UTC)
Posts: 1,630

Thanks: 865 times
Was thanked: 2330 time(s) in 915 post(s)
Thanks for the suggestions, but I am not unhappy with SMT and EWI (and the others I invest in) but I will check them out.
Back to top Quote
raybd
Posted: 02 April 2019 14:11:29(UTC)
#19

Joined: 28/09/2017(UTC)
Posts: 269
By and large, the active members of these forums do not use independent advisers or wealth managers.

The main thing I can offer is, agree a stretching benchmark by which to judge them. Say, a World index. Or, just stick it all in a world ETF (VWRL) plus a couple of year's cash.. Google "Warren Buffett's widow".
Back to top Quote
Jim Banks
Posted: 19 April 2019 11:45:13(UTC)
#20

Joined: 23/09/2018(UTC)
Posts: 21

Was thanked: 29 time(s) in 13 post(s)
Definition of a Wealth Manager:
"Someone who invests your money until its all gone"
If you are able to read buy a copy of Smarter Investing by Tim Hale and save thousands
Back to top Quote
2 users thanked Jim Banks for this post.
Dennis . on 13/06/2019(UTC), Guest on 23/09/2019(UTC)
3 PagesPrevious page123Next page
+ Reply to discussion

Markets

Other markets