| World Stock and Balanced Tracker Funds. To 30 Sep 2024.
These are typical, standard returns. Stock Index is relevant for a typical stocks portfolio. Balanced Index represents a typical stocks and bonds tracker fund (you can ask your provider which you have).
To some, these returns may look high (the magic of compounded growth in stocks) but achieving these returns was easy, with a simple tracker fund.
Check Your Own Portfolio …
If you have a work pension scheme, WM or IFA-managed funds, just request your returns. Request the same time periods shown in the table – to make a like-for-like comparison.
Don’t forget to check which type of portfolio you have (stocks or balanced).
If your returns are lower, it may be your provider is underperforming – but still extracting high fees from your portfolio.
Don’t keep paying excessive fees for poor returns! Ultimately, this is your money for you/your family’s future financial needs.
Remember to ensure your retirement funds are working for you, and not someone else.
High Risk ‘Investments’ Update
Last week I reported on a ‘FX Trading Bot’ scheme that went wrong, losing investors 100% of their capital. Since then, I heard of another such scheme collapsing.
As a reminder, be very careful with such get-rich-quick schemes. They are akin to taking your family wealth to a casino.
I was approached several times to present such schemes to my investor circle (for a fee) and declined every time. We like to keep safe – only investing in proven, time-tested strategies.
If you must dabble in high-risk opportunities:
- Size your entry capital appropriately (many who lost in the FX bots had put in tens, if not £hundreds of thousands)
- Question what’s inside these schemes
- Ask the promoter what they’d make if you invest (reveals any biases in selling the investment to you)
- Think very carefully about investing your pension into such schemes. Your pension is not for gambling.
Always Remember:
- Time in the Markets always beats timing the markets
- Stay Diversified
- Minimise those leakages: Fees, Inflation, and Taxes
- Financial Markets are a great source of recurring income
- ETFs, Balanced Funds and Options achieve all the above
- Being educated helps you outperform 99% of the population
… to ensure your investments work for YOUR financial freedom (not someone else’s)
And …
For more guidance, our Investment Academy will help you implement all of this in a step-by-step way.
Thousands of people have learnt how to diversify and pound-cost-average into low-cost, set-and-forget ETFs & Funds for inflation-beating growth. And Options to create recurring income.
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Finally …
– Don’t take the above as advice as it may not apply to you personally
– Your Capital is at Risk
– You may not be covered by the FSCS
– Anything mentioned in a podcast or in a previous article was valid at that time and may not continue to be now |
