Jump to content
House Price Crash Forum


  • Content Count

  • Joined

  • Last visited

About Wudolf

  • Rank
    HPC Poster

Recent Profile Visitors

The recent visitors block is disabled and is not being shown to other users.

  1. Sorry, just checked the Vanguard forecast and my note above isn't quite right. 10 year forecast for a 60:40 equity:bond portfolio is 4.5% nominal. Still fairly slim pickings.
  2. firecalc.com is a handy calculator and much more useful than the generic ones available online. Expected equity returns over the next 10 years, according to Vanguard, are about 4% p.a nominal. iI varies somewhat depending in where one is invested but for a globally diversified portfolio that seems to be the expectation. Expected bond returns are 1% to 3% depending on credit quality and term. On a 50:50 equity:bond portfolio that means an expected return of around 3%. That is before fees and inflation. Deduct fees and inflation and the expectation is that it is going to be difficult to make headway over the next decade so the message has to be to save more for those who want a comfortable retirement. The returns of the last few years have been high and no doubt mean reversion will happen at some point.
  3. the principal is fine but the fees are not - 0.75% on 1st £100k and 0.35% thereafter. That's on top of the fees charged by the etf's themselves. expected return on a 60/40 equity/bond portfolio is probably no more than 4% nominal so you're giving a big percentage of that away and over the long term that will make a huge difference to overall returns. read Lars Kroijer's book instead and diy.
  4. The Supreme Court case was simply about Parliament having to ratify A50. Isn't that rather unlikely given that both major parties are in favour of Brexit? Yes, but he's not an MP is he? By failing to reach an agreement with the EU they have hard Brexit by default. What may be most likely now is that EU offer us such an appalling deal that moves are made to try and stay in the EU.
  5. They haven't forced anyone out; we have given notice and they have accepted and this is now enshrined in UK and EU law. The repeal of the EU Act is a separate point and nothing to do with giving notice to leave.
  6. Yes, well said. And there are enough hardline Brexiteers on the Tory back benches to make life rather awkward.
  7. It doesn't need to. In the absence of a deal to ratify (or not) what exactly will Parliament be voting on?
  8. I think you'll find it's delivered already. Notice that the UK is leaving has been issued and accepted by the EU. We are leaving at the end of March 2019 unless that is withdrawn or reversed in some way. Between now and then we will presumably try and cobble together some sort of deal on trade, FOM and everything else. Should we fail, we're still leaving, and that I would suggest, is the hardest of hardest Brexits.
  9. Not at all. I use HL and they are very good. ISA capped at £45 and SIPP at £200 so you should be able to do better than even £300. Can set to reinvest dividends automatically at a small cost ~ £1 a go or so. For a global tracker the Vanguard All World is hard to beat - VWRL although a bit more expensive at 0.25%, You get the world and it does everything for you. A good long term bet in a post Brexit world.
  10. No, haven't tried and besides, what's the point? Vanguard FTSE 250 ETF costs just 0.1% and you can hold that on most platforms at nil cost.
  11. In the market probably. The trouble with 'getting out' is that you then have to decide when to get back in. The chances are you get both decisions wrong. Market timing is a bit of a mug's game. Buy cheap index funds, reinvest dividends and sit tight.
  12. That's what I do. Make a plan and stick to it though. None. Invest for the long term and ignore the noise.
  13. Buy either and hold for 10 years or more and I don't suppose the difference would be that great. I think Bernstein says avoid international bonds since what you are mostly doing is adding risk (currency risk that is) and neglible return. And if it's hedged back to sterling why not just hold sterling? There is significant home bias with the Life Strategy product and I think 25% of the equity exposure is to the UK market (All Share I think). That is way over the UK's market weight in world stock market terms of ~ 7% so it is less logical than a world index fund such as VWRL which is weighted by market. A couple of smaller points - with the DIY portfolio you have to rebalance yourself which sounds easy enough but you have to have the nuts to buy into the asset which has fallen and sell the the one which has risen. Some people, for reasons which are obvious, might find it had to rebalance by buying a stock market which has fallen 25%. Life Strategy does it all for you. If you create a DIY world index fund by buying separate funds which cover US, Europe, Japan and so on you make that particular problem even more difficult. That's why I just have VWRL which does the balancing for you although you pay a bit more in annual fee. Know thyself I guess. ETF's are cheaper to hold on pretty well every broking platform. Being open ended Life Strategy has accumulation units so they really are set and forget.
  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.