Search found 17 matches

by FailedTheTuringTest
Sun Jul 05, 2020 4:09 pm
Forum: Non-US Investing
Topic: [UK] Transaction costs? Rebalancing? + portfolio review
Replies: 4
Views: 383

Re: [UK] Transaction costs? Rebalancing? + portfolio review

The simplest solution to your fund-buying problem is to rotate your buys across the funds each month, buying larger amounts less often rather than buying every fund every month: in January buy Fund A, in February buy Fund B, in March buy Fund C, then in April buy Fund A again... the end result shoul...
by FailedTheTuringTest
Thu Mar 12, 2020 3:12 am
Forum: Non-US Investing
Topic: Totally new UK investor - need guidance please
Replies: 31
Views: 1884

Re: Totally new UK investor - need guidance please

Monevator's broker comparison table at https://monevator.com/compare-uk-cheapest-online-brokers/ is a good overview of what's available. Personally, I have ISAs with iWeb and Selftrade, and a SIPP at Interactive Investor, but I have enough invested that it's better for me to pay a fixed management f...
by FailedTheTuringTest
Wed Feb 26, 2020 5:52 am
Forum: Personal Investments
Topic: What did you learn from the 2/24 sell off?
Replies: 327
Views: 22653

Re: What did you learn from the 2/24 sell off?

I've learned that I am cool-headed enough to not panic two days in a row! So far, that is... 8-)
by FailedTheTuringTest
Wed Feb 26, 2020 5:47 am
Forum: Non-US Investing
Topic: UK renewable energy investment trusts (e.g. BSIF, TRIG) - how to account for them in portfolio?
Replies: 8
Views: 644

Re: UK renewable energy investment trusts (e.g. BSIF, TRIG) - how to account for them in portfolio?

An investment trust is a bit like a very small active stock fund, in this case a sector-specific one. In my own asset allocation plan, I classify things like that as small cap equities because of their relatively small size and higher risk. I'm also in the UK and I also hold some renewable energy co...
by FailedTheTuringTest
Thu Feb 06, 2020 5:39 am
Forum: Non-US Investing
Topic: Bonds versus ca$h
Replies: 19
Views: 2136

Re: Bonds versus ca$h

I decided I should keep 5 years worth of withdrawls safe whilst giving the rest of the money every chance to continue to grow without me having to sell it when it's on its knees. I looked at £ hedged bonds (I'm in the UK) but during bear markets they tend to drop as well, just not by as much. So I ...
by FailedTheTuringTest
Mon Jan 20, 2020 10:07 am
Forum: Personal Finance (Not Investing)
Topic: Career change at 47
Replies: 116
Views: 11526

Re: Career change at 47

If you have construction skills yourself then the obvious thing to do is to set up as an independent builder or handyman type. and only take on small jobs that you can handle as a one-person operation. But it sounds like you're more a project manager? An experienced project manager can probably tran...
by FailedTheTuringTest
Wed Mar 13, 2019 9:16 am
Forum: Personal Finance (Not Investing)
Topic: Bright daughter wants to work for nonprofit
Replies: 103
Views: 9252

Re: Bright daughter wants to work for nonprofit

If I were in your position, I would encourage her to follow her heart and try working at the nonprofit. She is young, she should experiment and get broad experience working in different types of organisations and different roles, and she should try doing things that she is enthusiastic about. You do...
by FailedTheTuringTest
Wed Mar 14, 2018 11:21 am
Forum: Non-US Chapters
Topic: Is there a U.K bogleheads Chapter??
Replies: 30
Views: 7515

Re: Is there a U.K bogleheads Chapter??

I thought the UK Bogleheads chapter was called Monevator! :happy I'm a newbie here but happy to participate.
by FailedTheTuringTest
Sat Mar 03, 2018 3:21 am
Forum: Personal Finance (Not Investing)
Topic: 0% CC as part of EF
Replies: 31
Views: 2526

Re: 0% CC as part of EF

Has this actually happened to anyone here? I had credit limits pared back with no change in the income from my very stable job. A bank might cut your credit limit for reasons that are completely unrelated to your own personal circumstances. A bank that I was a customer of had some financial difficu...
by FailedTheTuringTest
Wed Feb 28, 2018 7:13 am
Forum: Personal Finance (Not Investing)
Topic: Credit cards: 0% purchase versus cashback
Replies: 9
Views: 1286

Re: Credit cards: 0% purchase versus cashback

Thanks, good points all. Indeed the returns from borrowing to invest, even at 0%, are quite low without taking on excessive risk on the investment side, and there may be negative side effects of carrying a large credit card balance. You've convinced me that it's not really worthwhile.
by FailedTheTuringTest
Tue Feb 27, 2018 8:04 am
Forum: Personal Finance (Not Investing)
Topic: Credit cards: 0% purchase versus cashback
Replies: 9
Views: 1286

Credit cards: 0% purchase versus cashback

I'm contemplating credit card strategies. I am in the UK, where the best cashback credit cards only pay 1% or 1.25%, so I am considering whether a 0% purchase card might be a better option. These cards allow you to run up a large balance over as long as 30 months, with no interest at all charged for...
by FailedTheTuringTest
Mon Sep 25, 2017 8:02 am
Forum: Non-US Investing
Topic: Need some advice on AA (UK investor)
Replies: 8
Views: 647

Re: Need some advice on AA (UK investor)

Hi, I am a new to investing and need some help in deciding how much I should be allocating to different asset classes/sub classes. As a UK investor, I've found it a bit difficult to relate some of the information of interest to me on this forum as a lot of it is geared towards U.S investors. I'm 26...
by FailedTheTuringTest
Thu Sep 14, 2017 8:52 am
Forum: Non-US Investing
Topic: Buying a new home in London but concerned about Brexit
Replies: 6
Views: 1257

Re: Buying a new home in London but concerned about Brexit

What would one usually do in this tricky situation? The UK has not left the single market yet but things do not look great. Nobody knows, of course, but I'll tell you what bets I have made (also UK resident but not in London). I'm also in the process of buying a house and have gone for a 5-year fix...
by FailedTheTuringTest
Thu Mar 16, 2017 6:03 pm
Forum: Personal Finance (Not Investing)
Topic: How Much in Your Emergency Fund And Is It Used?
Replies: 263
Views: 41982

Re: How Much in Your Emergency Fund And Is It Used?

I think this thread has changed my mind on the arithmetic of an emergency fund. If I keep, say, $20k in cash, the opportunity cost over 20 years assuming 5% returns on the stock market is about $33k (i.e. if the money were in the market instead of in cash, I'd have earned $33k on it instead of appro...
by FailedTheTuringTest
Sun Mar 12, 2017 1:54 pm
Forum: Investing - Theory, News & General
Topic: Do I need a separate emergency fund?
Replies: 15
Views: 2036

Re: Do I need a separate emergency fund?

The way I think of it, the emergency that an emergency fund is supposed to cover is loss of job at the same time as a stock market crash. The emergency fund is then used to cover living expenses without having to sell investments which would be depressed in value. Most unbudgeted expenses can be cov...
by FailedTheTuringTest
Fri Mar 10, 2017 2:31 pm
Forum: Investing - Theory, News & General
Topic: Important Bear Market Signal sent
Replies: 19
Views: 3761

Re: Important Bear Market Signal sent

Thanks for the warning, valuethinker. I can confirm that this dire event will be accompanied by a housing price collapse as well. I am now in the process of selling chunks of my portfolio to put together a deposit on a house. The last time I bought a house was in 2007, which was followed by a record...
by FailedTheTuringTest
Thu Aug 25, 2016 7:35 am
Forum: Personal Investments
Topic: Can I semi-retire (or retire?)
Replies: 78
Views: 9261

Re: Will I be able to tell my wife I can semi-retire (maybe retire!)?

I am glad you asked this question! I've been helping playing with my spreadsheets, analysing cash flows, running financial projections, calculating my freedom-from-work day... and was perilously close to making the same mistake as the OP. It's easy to get carried away with the financial analysis and...