just transferred my pension into a self invested personal pension. (UK).
this allows me to invest in anything, I've got a feeble £20,000.
where do you see the bottom of this market? I'm looking at mostly bluechips with some vanguard funds.
any thoughts or advice for a poorfag.
A friend suggested the following to me years ago:
Equal parts of VTI VEU VWO.
VTI is US heavy, so you add VEU to balance it out with non-US stocks. After you add that in, you are heavy on developed economies, so you add VWO to balance things out a bit more.
I see you're using HL here.
I have a Legal and General FTSE All Share to track the UK stock market and a vanguard fund for the USA. Some others for other regions like Europe and Japan. Look at the Index funds on offer under the funds tab.
I also have a select few bluechips with strong dividend performance too.
And don't worry OP, we all start somewhere. I have less than half of what you and I'm adding £500 a month.
I've been learning about investing and portfolio construction recently and have been thinking about SIPPs. It's something I might think about later once I get better at this but for now I'm leaving my pension in a fund, paying into it monthly and just leaving it alone.
What I've done instead is to just open up an investment ISA and doing all my learning and playing around in there. A bit like a second pension. So If I do push things too far I don't fuck up my actual pension.
I'm kinda glad we're going though these rough times in the market right now as it's still early days for me and teaching me some good lessons.
You'll be fine OP.
I look forward to having my holdings completely BTFO by this bear market with you.
What do those columns mean
how much money do you have invested in that picture
>mfw I live in a country where you can buy an apartment while it's being built for 30k and then flip it for 40k six months down the line
>mfw Eastern Europe has its perks
>mfw the average yearly salary is less than 8k