You are reading a single comment by @olaf_von_pokemon and its replies.
Click here to read the full conversation.
-
Seeing as you are around (apols for dredging something 5 months old) but how do you buy into something like a S&P 500 tracker? I read about the Warren Buffet bet recently where he said over a 10 yr period that would out perform any hedge fund.
Also does anyone know if it's best to drip feed into it rather than place a lump sum in such a ting?
olaf_von_pokemon-
Get an account with a broker
Set up recurring payments to buy stock in an S&P500 tracker ETF*
* this is basically a company that exists only to mirror the performance of the S&P500 by buying / selling S&P500 company stock.
-
I'm using Hargreaves Lansdown to handle fund trading. http://www.hl.co.uk/
Set up an ISA, deposit money, search for fund, click buy.
Howard
Drakien
If you want USA stock then buying in to a tracker i.e. S&P500 might be a good idea.
Buying a couple of specific companies assumes you have the time and expertise to evaluate those companies - and their sector's - long term prospects.... do you?
I read the smarter investing book mentioned a few pages back and I've drunk the kool-aide. In your trading can you beat the market return?
That said I've made a run of offering poor advice here today, so maybe just ignore me :)