jonah
Member of DD Central
Posts: 2,031
Likes: 1,113
|
Post by jonah on Jan 25, 2018 19:40:56 GMT
I keep getting tempted by saltydog. Their thing is momentum investing in funds, and they do stay in cash when things look hairy. It's not a fund it's a weekly report (price $25/month) on a couple of portfolios saying buy this sell that with a raft of numbers if you are so inclined. www.saltydoginvestor.com/ Based purely on that site, feels ‘concerning’. Happy to be told I’m missing something.
|
|
macq
Member of DD Central
Posts: 1,934
Likes: 1,199
|
Post by macq on Jan 25, 2018 20:00:17 GMT
I keep getting tempted by saltydog. Their thing is momentum investing in funds, and they do stay in cash when things look hairy. It's not a fund it's a weekly report (price $25/month) on a couple of portfolios saying buy this sell that with a raft of numbers if you are so inclined. www.saltydoginvestor.com/ Based purely on that site, feels ‘concerning’. Happy to be told I’m missing something. not looked at the site yet but they have featured on the Money observer site which is where i have seen them -so i guess there legit?
|
|
shimself
Member of DD Central
Posts: 2,563
Likes: 1,171
|
Post by shimself on Jan 26, 2018 15:54:41 GMT
Based purely on that site, feels ‘concerning’. Happy to be told I’m missing something. not looked at the site yet but they have featured on the Money observer site which is where i have seen them -so i guess there legit? been around for 5 or 6 years, and I think their sole income is 300pa subscription to their tipsheet erm analysis and recommended portfolio adjustments. I've asked for their help in comparing to momentum etfs, can't find a set of decent comparison numbers for now
|
|
|
Post by nellerdk on Jan 28, 2018 13:39:38 GMT
|
|
|
Post by eascogo on Jan 28, 2018 16:31:40 GMT
This video makes me wonder if I'm foolish piling into S&S at this time. Should I move it all back into FSCS protected territory and wait for the flash flood? See www.youtube.com/watch?v=mEVEFiMeX8A
|
|
ozboy
Member of DD Central
Mine's a Large One! (Snigger, snigger .......)
Posts: 3,168
Likes: 4,859
|
Post by ozboy on Jan 28, 2018 16:59:29 GMT
This video makes me wonder if I'm foolish piling into S&S at this time. Should I move it all back into FSCS protected territory and wait for the flash flood? See www.youtube.com/watch?v=mEVEFiMeX8APersonally, I think you need MASSIVE and HUMUNGOUS cojones to buy Shares at the mo. And any P2P with a genuine LTV over c50%. But there are those who say this Bull run has a few more years left in it? Well, yeah, a few more years of Governments artificially propping up a failing system. This is not investment advice. EDIT: Just remembered I bought The COLL Hall at (an arguable) LTV of 70% - never trust what anyone says!
|
|
stevio
Member of DD Central
Posts: 2,065
Likes: 894
|
Post by stevio on Mar 16, 2018 23:07:40 GMT
I'm planning to research soon, in the meantime, can anyone explain the love for ITs?
Also what's the best tool for comparing OCF of ETFs?
Finally, there seems to be a lot of ETFs not available in the UK, is there a UK list or way of searching?
|
|
|
Post by dan1 on Mar 17, 2018 8:38:35 GMT
I'm planning to research soon, in the meantime, can anyone explain the love for ITs? Also what's the best tool for comparing OCF of ETFs? Finally, there seems to be a lot of ETFs not available in the UK, is there a UK list or way of searching? IIRC Morningstar has a screener and I guess that Trustnet does too but I tend to use justetf. Love for ITs? I guess it's because UK investors are obsessed with income, just compare the dividends UK companies pay to overseas ones.
|
|
macq
Member of DD Central
Posts: 1,934
Likes: 1,199
|
Post by macq on Mar 17, 2018 9:51:33 GMT
I'm planning to research soon, in the meantime, can anyone explain the love for ITs? Also what's the best tool for comparing OCF of ETFs? Finally, there seems to be a lot of ETFs not available in the UK, is there a UK list or way of searching? think for a long time IT's were considered more complicated then OEIC funds (probably true) but with new regs over the years on charges & better advertising they seem to have become more popular.I have been in IT's since the late 70's or early 80's and would say the following (but none will appeal to passive investors -but i have both) As dan1 says div's play a big part and some retired people like the quarterly payments & may even try to stagger a few trusts to get a monthly payout. Many trusts have been around a long time- F&C is a 150 years old and have seen it all.Have seen on other threads people worried about brexit,Trump,Corbyn,Russia etc but not sure if its age thing but i tend not to worry as through my investing life there have been things like the winter of discontent,3 day weeks,the Falklands war,Maggie v the unions,terrorism,dot com crash,bank crash etc.Before that there were wars & depressions so there is always something happening.So you have to hope all types of funds bounce back. Also there is the chance to get a trust at a discount a bit like the Abl SM (but need to work out why) or sell at a premium But some like Scottish Mortgage will control that with buybacks to keep it near par.The last few weeks people have been tipping infrastructure as the premium has dropped but you have to know if you want to be in or a discount is not important in that case While it will not matter to passive investors most research over the years suggest that IT's over time because of the difference to OEIC i.e could be gearing or not needing to sell etc have done better (even when compered to a fund with the same manager or company) so could be better for a very active investor Before trackers IT's were also good for charges over unit trusts.You could invest direct with the company in smaller amounts monthly and the lump sum tended to be smaller with no initial charge(before fund platforms)and were also good for children's savings,even now many run their own schemes i.e Baillie Gifford,Aberdeen etc.Also good for getting the annual or other reports and invite to the shareholder meetings if your into that sort of thing or many fund platforms let you hold trusts free or very cheaply will become obvious when researching but not all IT's pay a good div some are growth focused
|
|
stevio
Member of DD Central
Posts: 2,065
Likes: 894
|
Post by stevio on Mar 17, 2018 16:44:26 GMT
Thanks for that macqI have a Ltd company and its difficult enough at the moment in extracting funds in a tax free manner, so I see that persisting after I decide to stop working and generating income into the Ltd, continuing into retirement. So I guess I am slightly unusual that I am likely to have an income stream from my job/company (dividends and/or salary) even after I stop working I can certainly see why ITs would be of benefit to most in retirement or as an additional income stream (as well as capital gain) Are there a benefits to ITs over a distribution fund paying dividends?
|
|
stevio
Member of DD Central
Posts: 2,065
Likes: 894
|
Post by stevio on Mar 17, 2018 16:47:30 GMT
I'm planning to research soon, in the meantime, can anyone explain the love for ITs? Also what's the best tool for comparing OCF of ETFs? Finally, there seems to be a lot of ETFs not available in the UK, is there a UK list or way of searching? IIRC Morningstar has a screener and I guess that Trustnet does too but I tend to use justetf. Love for ITs? I guess it's because UK investors are obsessed with income, just compare the dividends UK companies pay to overseas ones. Are there only certain ETFs that can be: a) Purchased in the UK - the US sites mention very low cost ETFs that dont seem to be available in the UK b) Purchased in GBP - to keep currency conversion costs to a minimum I am getting the impression it is those traded on the LSE, but if so, how do you know which ones they are?
|
|
macq
Member of DD Central
Posts: 1,934
Likes: 1,199
|
Post by macq on Mar 17, 2018 17:25:54 GMT
Thanks for that macq I have a Ltd company and its difficult enough at the moment in extracting funds in a tax free manner, so I see that persisting after I decide to stop working and generating income into the Ltd, continuing into retirement. So I guess I am slightly unusual that I am likely to have an income stream from my job/company (dividends and/or salary) even after I stop working I can certainly see why ITs would be of benefit to most in retirement or as an additional income stream (as well as capital gain) Are there a benefits to ITs over a distribution fund paying dividends? think the main benefit for people wanting income is that IT can hold some back(think its about 15 - 20%) so that they have a reserve fund which can smooth out payments when required if income has dropped and many have a history of growing their div every year. With regards your overseas ETF believe that certain platforms stopped offering some of them at the start of the year when MIFID2 & MIFIR came in at the start of the year as they do not comply with the new regs
|
|
|
Post by dan1 on Mar 17, 2018 21:14:23 GMT
IIRC Morningstar has a screener and I guess that Trustnet does too but I tend to use justetf. Love for ITs? I guess it's because UK investors are obsessed with income, just compare the dividends UK companies pay to overseas ones. Are there only certain ETFs that can be: a) Purchased in the UK - the US sites mention very low cost ETFs that dont seem to be available in the UK b) Purchased in GBP - to keep currency conversion costs to a minimum I am getting the impression it is those traded on the LSE, but if so, how do you know which ones they are? a) you should be able to purchase from most developed markets if your broker allows (if not take a look at www.interactivebrokers.co.uk, no doubt others are available) but you'll have to deal with things like witholding taxes and tax declarations etc. Probably not worth it unless you're investing big money? b) currency costs may be offset by the lower OCF/TER if you hold for a long time. You'll pay to convert dividends back to sterling regardless of what the fund is denominated in.
|
|
|
Post by GSV3MIaC on Mar 18, 2018 15:27:26 GMT
Thanks for that macq I have a Ltd company and its difficult enough at the moment in extracting funds in a tax free manner, so I see that persisting after I decide to stop working and generating income into the Ltd, continuing into retirement. So I guess I am slightly unusual that I am likely to have an income stream from my job/company (dividends and/or salary) even after I stop working I can certainly see why ITs would be of benefit to most in retirement or as an additional income stream (as well as capital gain) Are there a benefits to ITs over a distribution fund paying dividends? One of the benefits (or drawbacks if things go pear shaped) is that ITs can borrow money (or issues split capital ZDP shares, which is pretty much the same thing) to boost their performance when the market goes up faster than the interest rate on the borrowings. You also have the possibility to buy in at a discount, and sell out at a premium (or if you are daft, you can always do that backwards). I quite like ITs, not least because they have a low holding cost at HL, and I can deal at a known price at any time the market is open, and set stop losses etc. if I so choose. The downside is dealing costs/stamp duty, and a rather lower level of press/broker scrutiny and comment compared to many funds.
|
|
|
Post by nellerdk on Mar 25, 2018 0:26:41 GMT
|
|