OxonianCambion

Boards Post

OxonianCambion replied to the Investment Strategies board. 20:29

Re: Vanguard or Nutmeg

I just can't see developed world bonds as a good idea for anything longer than short term. (However, I do hold the OEICs M&G Strategic Corporate Bond and Fidelity Moneybuilder balanced as a war-chest, meaning I have between 5-10% [more]

Boards Post

OxonianCambion replied to the Investment Strategies board. 14:44

Re: We live in interesting times...

As for defensive assets, what about "Alcentra European Floating Rate Income" and "NB Global Floating Rate Income". These bond funds wouldn't get hit by an interest rate rise.

I know very little about them and am keen to [more]

Boards Post

OxonianCambion replied to the Investment Strategies board. 16:38

Re: Building a portfolio

Vanguard explain their LS reasoning in the following excellent document.

[more]

Boards Post

OxonianCambion replied to the Investment Strategies board. 14:01

Re: Building a portfolio

@Jabd2001.

Agreed, I think it's just a way of feeling like you're doing something positive without doing much harm. (An alternative would be to put a small-cap tracker in.)

Vanguard haven't just pulled their numbers out of thin air. [more]

Boards Post

OxonianCambion replied to the Investment Strategies board. 13:02

Re: Building a portfolio

Let me chime in with my unpopular opinion. (Remember you are posting to a forum of a site devoted to stock picking.) I think:

You have made a very sensible choice by having the VLS fund dominating your portfolio.
You are making a mistake [more]

Boards Post

OxonianCambion replied to the Investment Strategies board. 13:20

Re: Lost the Plot

Well I hope the long-awaited warmth of spring will cheer you up and bring you back to posting in the near future.

While I have tended not to agree with some of your predictions, I make a point of reading your posts for this very reason! It [more]

Boards Post

OxonianCambion replied to the Investment Trusts & Unit Trusts board. 17:10

Re: Growth Funds

Note that it isn't a particularly good idea to trade ITs in such a way that the dealing fee is less than 0.5% of the amount you are buying. (Remember you'll need to sell at some point, so if buying through a regular investment plan, you'll want to [more]

Boards Post

OxonianCambion replied to the Investment Trusts & Unit Trusts board. 18:31

Re: Growth Funds

Oh yes, as Rob points out, while it is a good idea to read the various sites, remember that each group of people have their own biases, even people who have nothing to gain financially have their own quirks. (HYP! HYP! HYP!) I think Monevator is [more]

Boards Post

OxonianCambion replied to the Investment Trusts & Unit Trusts board. 18:28

Re: Growth Funds

1) Seriously, take some time to write out a statement saying what your aims are, what you expect to put into it, how much effort you want to make, what your plan would be for possible scenarios (e.g. lose job, market crash, market boom, etc.) and so [more]

Boards Post

OxonianCambion replied to the Investment Trusts & Unit Trusts board. 13:25

Re: Growth Funds

(Note that post, RDR, OEIC/UT fees are falling, except for HL.)
Not true.

I suppose I should actually back my points up with evidence. Luckily for me, Monevator has this as one of its links in its weekend reading:

[more]

Boards Post

OxonianCambion replied to the Investment Trusts & Unit Trusts board. 13:12

Re: Growth Funds

(Note that post, RDR, OEIC/UT fees are falling, except for HL.)

Not true.

Fine.

Historically, active funds have charged around 1.5% on top of the costs of running the fund. Of this amount, they typically kept 0.75% [more]

Boards Post

OxonianCambion replied to the Investment Trusts & Unit Trusts board. 21:01

Re: Growth Funds

@ Arb.

My questions are to get a feel for what his mindset is and to try to get him to think a bit more widely as to what he is trying to achieve. I think David needs to take a step back before jumping into this. (Already having a HL account [more]

Boards Post

OxonianCambion replied to the Investment Trusts & Unit Trusts board. 20:31

Re: Growth Funds

Excuse my ignorance but why IT's as opposed to UT's?

As I'm sure you know, UTs/OEICs are where you give a fund manager some money (via a broker like HL, or through an IFA) and he buys shares with it. The difference between a unit [more]

Boards Post

OxonianCambion replied to the Investment Trusts & Unit Trusts board. 18:29

Re: Growth Funds

You've set this up rather weirdly.

Why have you opened an account before knowing what you want to do?
Why have you picked a 'growth' fund?
Why not an ISA?
What's your investing timescale?
What's your volatility [more]

Boards Post

OxonianCambion replied to the Investment Strategies board. 15:02

Re: How to measure froth in the stock market.

Interestingly, Mr Woodford's funds have kept up very well with the current rise. Similarly, miners have done badly. Perhaps this rally is for real?

Boards Post

OxonianCambion replied to the Investment Strategies board. 17:52

Re: Purchase size

"The cost of buying in lumps of £500 rather than £625 is the same as the cost of buying in lumps of £2500 (+fees) rather than £5000 (+fees)."

Sorry, I meant:

"The cost of buying in lumps of [more]

Boards Post

OxonianCambion replied to the Investment Strategies board. 17:45

Re: Purchase size

@hiriskpaul

Yes, sorry. I neglected to mention the (more important) assumption that you buy enough times to make it average out and that the end period wasn't anomalous.

You are right in that in pretty much any real world any of us [more]

Boards Post

OxonianCambion replied to the Investment Strategies board. 13:59

Re: Purchase size

I'd just aim to make the dealing fee, inclusive of selling at the end, less than the stamp duty. (Of course, if you buy the same stock repeatedly then the selling fee will be relatively smaller as it is shared.)

After that, the gains [more]