Personal investment stuff

First are you ready?
  • Have you paid off your debts excluding mortgages?
  • Do you have enough cash saved to cover any emergencies?
  • Are you putting the maximum into a corporate pension where your employer matches your contributions
  • Do you have money to cover any expected events eg deposit on a house
  • Do you have at least £2,000 to invest?
I suggest you check out www.fool.co.uk for more detailed advice on the pre-investment phase (you can see my posts on the latter and comments on the former).

The Motley Fool  was what got me into finance way back in 1999 as the dot com boom accelerated. Long may it continue (the motley fool that is, obviously the dot com boom finished a while ago). 

Okay you are ready to invest.
  • Open an execution only cheap online share dealing account (I use www.selftrade.co.uk, www.youinvest.co.uk, www.iii.co.uk and www.interactivebrokers.com; there are many others out there) 
Or if you are more advanced then read about systematic trading.


My occasional series of posts on what to invest in


The five minute portfolio

A little demonstration of portfolio optimisation




Other posts on investment


Bitcoin, money, gold and my great unpublished novel

Obligatory Brexit Post

4 comments:

  1. For £2,000, what instruments would you recommend? ETFs? CFDs? While maintaining diversification to achieve what you book teaches.

    ReplyDelete
    Replies
    1. Buy two funds. Any more and you'll be paying too much in fixed costs.

      Bonds: DBX XBAG ETF or UK Vanguard Global bond fund
      Equities: Vanguard FTSE All world VWRL ETF

      Maximum Sharpe Ratio, Low risk: 70% bonds, 30% equities
      Medium risk: 50% bonds, 50% equities
      High risk: 20% bonds, 80% equities

      I answer this kind of question more fully in a book I'm currently writing that should be published next year.

      Delete
  2. Hi Rob,
    thank you for the previous reply.
    I'm quite struggling to find an EPIC for the "UK Vanguard Global bond fund" or find it on my "BarcleysStockbroker" platform.
    Do you think it's possible that it is not even listed on my platform? If so, would you recommend any other bond fund?

    Can you also please provide some update on your next book release?

    Thank you very much.

    ReplyDelete
    Replies
    1. Probably because it's a unit trust (https://www.vanguard.co.uk/adviser/adv/detail/mf/overview?portId=9143&assetCode=BOND##overview)

      Buy XBAG instead https://www.bloomberg.com/quote/XBAG:GR

      Next book will be on exactly this subject! And should be out mid 2017

      Delete