Wes

9-5 is Film and TV set construction. Long-term investor: global index plus a few long-term holds. Thinking in decades, not days. Not advice, you do you.

[Wes @GoRogueD4]

My 9-5 is building film and TV sets, so my investing has to be simple.

Global index funds every month, small monthly buys into 1 or 2 companies I'm backing for 10+ years, and no chart watching.

Thinking in decades, not days. Who else keeps it simple?

[Wes @GoRogueD4]

@MoneyHacks16 Interested to know if you don’t mind sharing what’s the other bit that not mostly

[Wes @GoRogueD4]

Agreed and mathematically in retirement it’s better be in 100% equities but it’s all about what people can stomach when they see big drops, some hold 2-3 years of cash some split the pot 60/40, rerely do people follow maths and stats, risk appetite and experience should show the way

[Wes @GoRogueD4]

@RetireEarly70 Mildly annoyed is about right. That's the bit people miss when they call trackers boring, boring is exactly what you want on days like this

[Wes @GoRogueD4]

@JH_Investor Max I keep is 3 months, my reasoning behind this is I’m a Ltd company owner which has cash reserves which are earning interest also, so if needed it my salary is covered and anything else I take out has tax consequences, but it’s there all the same

[Wes @GoRogueD4]

Off to bed and the money's still working away while I sleep. Not checking anything, just keep investing and let it get on with it. Night all

[Wes @GoRogueD4]

@RetireEarly70 Retirement is just a made up word for getting your state pension, all people want and look forward to is financial freedom we all need a purpose to exist otherwise it’s just an excuse to waste away

[Wes @GoRogueD4]

@JH_Investor Agree but buying things to impress anyone is where I now draw the line if it doesn’t improve me or my family life forget it, it’s getting invested

[Wes @GoRogueD4]

@SparkingFIRENC People feel like it’s a step backwards and that’s hits like a truck, when enough is enough what else do you need

[Wes @GoRogueD4]

@LoneGreyWolfUK Hope you reach your goals

[Wes @GoRogueD4]

@JH_Investor About 6.5% unless it’s helps you sleep at night which is always a better option

[Wes @GoRogueD4]

@LoneGreyWolfUK I think I need take the time to learn about options and HY income, I’m late 40’s and don’t want to be working until I’m in my 60’s 😂 don’t think my body will take it quite honestly, currently index investing with a couple of long term single stocks

[Wes @GoRogueD4]

@LoneGreyWolfUK Sounds good, in the drawdown years will you still be 100% equities or start to use bonds etc. I’ve read a few things suggesting staying all equities is mathematically the right thing to but emotions seeing drops can be hard to take

[Wes @GoRogueD4]

@LoneGreyWolfUK That’s depends on how you use index investing and how an individual uses the 4% rule for what it is

[Wes @GoRogueD4]

@JGWorldThoughts Not sure but definitely feels like they have something to prove

[Wes @GoRogueD4]

@MoneyHacks16 I found this out the hard way with Nest, Ltd company owner who wasn’t into finance until a couple of years ago, read a couple of good books overnight my financial journey changed. I switched to a SIPP paying from the my company opened an ISA and here we are

[Wes @GoRogueD4]

@GMFinX Makes sense, keeps you in control of when and how it's handed over. Would you switch to a Junior ISA if you started getting closer to using your full allowance. If you felt as he got older he'd be responsible enough, it being his own might incentivise him more too

[Wes @GoRogueD4]

@SIPPAdvisorUK Really like how simple that is. Do you top the cash bucket up from the tracker once a year, or only when markets are having a good run. Would you consider money market funds as an option as well, in case you get a year where equities and bonds both drop