UK : Age 58 - 5k to invest - Best funds to choose?
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UK : Age 58 - 5k to invest - Best funds to choose?
Good morning all
I have a very tiny 5k value to invest in a vanguard SIPP (has to go in there as coming from a NEST pension)
New to vanguard, just want to put this money someway decent for another 10/15 years, now aged 58....
I wont be adding to it at all, I will just leave it in the fund as spare money sort of thing
Any tips on a reasonable choice.. I am not adverse to slightly higher risk
I was going to go for the S & P 500 but now not so sure
I appreciate I may not have given enough information so please feel free to ask questions
My best wishes
I have a very tiny 5k value to invest in a vanguard SIPP (has to go in there as coming from a NEST pension)
New to vanguard, just want to put this money someway decent for another 10/15 years, now aged 58....
I wont be adding to it at all, I will just leave it in the fund as spare money sort of thing
Any tips on a reasonable choice.. I am not adverse to slightly higher risk
I was going to go for the S & P 500 but now not so sure
I appreciate I may not have given enough information so please feel free to ask questions
My best wishes
Last edited by OlderInvestor on Tue Aug 03, 2021 10:48 am, edited 2 times in total.
Re: Age 58 - 5k to invest - Best funds to choose?
VTI or VOO
Small amount so keep it simple.
Edit: didn’t realize non-US investor.
Small amount so keep it simple.
Edit: didn’t realize non-US investor.
Last edited by mortfree on Fri Jul 30, 2021 10:59 am, edited 1 time in total.
Mid-40’s
Re: Age 58 - 5k to invest - Best funds to choose?
VTSAX and chill
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Re: Age 58 - 5k to invest - Best funds to choose?
Welcome.
I'd suggest choosing one of the LifeStrategy funds. Perhaps 60% or 80% stocks, though 100% stocks could be entirely reasonable if you have bond-like investments elsewhere (not revealed). Accumulation units would mean you would never have to touch this investment at all until withdrawals.
100% US stocks would be an ... unusual bias for a UK investor.OlderInvestor wrote: ↑Fri Jul 30, 2021 4:01 am Any tips on a reasonable choice.. I am not adverse to slightly higher risk
I was going to go for the S & P 500 but now not so sure.
I'd suggest choosing one of the LifeStrategy funds. Perhaps 60% or 80% stocks, though 100% stocks could be entirely reasonable if you have bond-like investments elsewhere (not revealed). Accumulation units would mean you would never have to touch this investment at all until withdrawals.
For clarity, these and other US-specific fund options won't be open to a UK investor (UK-ness not specified anywhere in the original post, but inferred from the use of the terms "SIPP" and "NEST").
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Re: Age 58 - 5k to invest - Best funds to choose?
Thank you all so far for your responses.. I really appreciate it...
Thanks TedSwippet... I was just coming back to ask about where to find the funds suggested.
And now I see they are american choices... unless of course there is an equivalent UK version?
Sorry I assumed you would know I was in UK as using the Non -US Investors - Non US investing board
Happy to accept any more ideas...
Thanks TedSwippet... I was just coming back to ask about where to find the funds suggested.
And now I see they are american choices... unless of course there is an equivalent UK version?
Sorry I assumed you would know I was in UK as using the Non -US Investors - Non US investing board
Happy to accept any more ideas...
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Re: Age 58 - 5k to invest - Best funds to choose?
VUSA is Vanguard's S&P 500 tracker ETF, directly equivalent to VOO (and close to VTI). Or as an OEIC, US Equity Index, broadly equivalent to VTI, and accumulating so entirely hands-off (unlike distributing ETFs).OlderInvestor wrote: ↑Fri Jul 30, 2021 7:07 am And now I see they are american choices... unless of course there is an equivalent UK version?
Again though, are you sure you want to hold 100% US stocks as a UK investor?
Folk using the unindexed front-end don't get much indication that a post is in the 'Non-US Investing' forum. A tiny 'n' in the 'Subforum' column -- can you spot it?! -- and extremely easily missed.OlderInvestor wrote: ↑Fri Jul 30, 2021 7:07 am Sorry I assumed you would know I was in UK as using the Non -US Investors - Non US investing board :)
Also, of course, 'non-US' encompasses around 190 countries besides the UK. :-)
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Re: Age 58 - 5k to invest - Best funds to choose?
Thanks TedSwippet..
And yes I realised the error of my comment a second after I posted it...and do of course realise there are more countries in the world other than UK.....thanks for pointing it out...
I am sure I will do better in the future .....
And yes I realised the error of my comment a second after I posted it...and do of course realise there are more countries in the world other than UK.....thanks for pointing it out...
I am sure I will do better in the future .....
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Re: Age 58 - 5k to invest - Best funds to choose?
Any broadly diversified low cost equity index ETF.
Re: Age 58 - 5k to invest - Best funds to choose?
A friendly tip: you can edit any of your posts by clicking the "pencil" icon at the top right of the post. This includes the post title ("Subject:"). If you do this with the first post in a thread, this changes the title shown in the list of threads.OlderInvestor wrote: ↑Fri Jul 30, 2021 7:36 am Thanks TedSwippet..
And yes I realised the error of my comment a second after I posted it...and do of course realise there are more countries in the world other than UK.....thanks for pointing it out...
I am sure I will do better in the future .....
You might want to do this to your opening post in this thread, and add something like "[UK}" to the title.
Meet my pet, Peeve, who loves to convert non-acronyms into acronyms: FED, ROTH, CASH, IVY, ...
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Re: Age 58 - 5k to invest - Best funds to choose?
Thankyou 22twain, I appreciate your guidance
Re: UK : Age 58 - 5k to invest - Best funds to choose?
Vanguard global index fund, don't bet all your money on the US market (which is two thirds of global stocks anyway)
ETF, VWRP is the accumulating version
https://www.vanguardinvestor.co.uk/inve ... _fund_link
Fund
https://www.vanguardinvestor.co.uk/inve ... _fund_link
ETF, VWRP is the accumulating version
https://www.vanguardinvestor.co.uk/inve ... _fund_link
Fund
https://www.vanguardinvestor.co.uk/inve ... _fund_link
Amateur Self-Taught Senior Macro Strategist
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Re: UK : Age 58 - 5k to invest - Best funds to choose?
Thank you Forester, I appreciate your input..