Currently sitting on my first ISA with 20k split:
RIT Capital 25%
Fundsmith 25%
Lindsell Train Global Equity 25%
Scottish Mortgage 12.5%
Shin Nippon 12.5%
Plenty of cash in the bank which is my liquidity so this lot should be there for the long term i.e. 10-15 years at which point I'll hopefully be starting to think about how to make it more cautious.
I feel I need to add a little more diversity from 5 funds (though 5 is simple) and in April there will be a little over £50k in the ISA due to the new allowance and a transfer in.
Current thoughts were along the lines of adding Bankers and F&C Global Smaller as I know I'm light on smaller companies and Bankers just looks a stable long term option.
But so does British Empire, Law Debenture, Witan, Monks, and tons of others....
How the heck do you choose without over-thinking or piling in more and more IT's so you end up with a glorified tracker?
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IT Suggestions
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- Lemon Pip
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Re: IT Suggestions
Other than f&c smaller I wouldn’t bother adding more, top up what you’ve got. You’ve got 4 big global ITs/UTs that cover everything. Much more and you’ve got yourself a tracker
At a push maybe private equity too but Scot mort kind of covers unlisted
At a push maybe private equity too but Scot mort kind of covers unlisted
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- Lemon Half
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Re: IT Suggestions
Do you have an objective?
You are fairly diverse already, but FRCL would give you an interest in private equity. I would be wary about following personalities. The big global ITs give a pretty good international spread, and there is always the problem of several funds or ITs having the same big positions. It pays to take a good look at where they have placed the money. Diversity does not mean several "Me too" portfolios.
TJH
You are fairly diverse already, but FRCL would give you an interest in private equity. I would be wary about following personalities. The big global ITs give a pretty good international spread, and there is always the problem of several funds or ITs having the same big positions. It pays to take a good look at where they have placed the money. Diversity does not mean several "Me too" portfolios.
TJH
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- Lemon Slice
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Re: IT Suggestions
@Muddywaters that's a fair point and one I've heard before so it may be a case of when enough people tell you something...
@tjh290633 the ideal objective would be to put it in, sit back and do nothing, and watch it grow over the next 10-20 years. As much as you can never be 100% certain of anything, I don't anticipate needing to touch it. Very good point on "me too" as when you see lots of people with > 10 lines in their portfolios and you "only" have 5 you do think "What am I overlooking?".
@tjh290633 the ideal objective would be to put it in, sit back and do nothing, and watch it grow over the next 10-20 years. As much as you can never be 100% certain of anything, I don't anticipate needing to touch it. Very good point on "me too" as when you see lots of people with > 10 lines in their portfolios and you "only" have 5 you do think "What am I overlooking?".
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- Lemon Slice
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Re: IT Suggestions
Have you read the John Baron IT portfolio websites?
His own site (register for 7 days' free access) http://johnbaronportfolios.co.uk
Investors Chronicle site (free access to makeup of Income and Growth portfolios) https://www.investorschronicle.co.uk/john-baron-s-investment-trust-portfolio/
His own site (register for 7 days' free access) http://johnbaronportfolios.co.uk
Investors Chronicle site (free access to makeup of Income and Growth portfolios) https://www.investorschronicle.co.uk/john-baron-s-investment-trust-portfolio/
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- Lemon Slice
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Re: IT Suggestions
DrBunsenHoneydew wrote:Have you read the John Baron IT portfolio websites?
His own site (register for 7 days' free access) http://johnbaronportfolios.co.uk
Investors Chronicle site (free access to makeup of Income and Growth portfolios) https://www.investorschronicle.co.uk/john-baron-s-investment-trust-portfolio/
I've seen the site thank you, though I haven't registered.
I'm always taken back at the quantity of IT's as it's around £250 just in trading fees @ £10/trade.
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