Hi all
As I am new to investing would appreciate some thoughts please. I am drip feeding a small amount monthly into a Vanguard FTSE100 ETF. I would like to diversify and get some more ETFs. Any advice please? Much appreciated.
Welcome on board. Thereās lots of YouTube videos from various sources. Personally I follow Money unshackled.
Also, take a look at justetf.com for some facts and figures.
Vanguard are very popular and many seem to have an S&P500 and a global index etf from them. Lots to choose from dependent upon your investment plan.
While you should not look at past performance as an indicator of the future, I would say look at the S&P 500 or Vanguard World ETF. The S&P 500 would have nearly doubled, while the FTSE is around 20% in the same time period, over 5 years.
Check out https://www.youtube.com/c/JamesShack, https://www.youtube.com/c/DamienTalksMoney and Investing Demystified - (How to Invest if you can't beat the markets - Part 1 of 5) - YouTube This are the videos that got me started on Passive Index Funds back in March 2021
Also you have not mentioned if your doing a SIPP or ISA, the videos above should help explain why you should use them first before a General Investment Account.
Hi James. Thanks for advice. It is not a sipp or Isa.I will take a look at you tube.
Okay take the time to learn about ISAs and SIPPs, as your loosing tax advantages.