Re: Remember "Bit-Slice" Chips ?

On Fri, 27 Dec 2024, The Natural Philosopher wrote:

On 27/12/2024 23:13, D wrote:

  On Fri, 27 Dec 2024, The Natural Philosopher wrote:
 I agree with all of this. I think if you cannot be bothered, a low cost index fund is a good choice.
 

-  aim for about 20% ROI and be happy when you get ten.

 Wow! My aim is to not lose money, and anynthing above that is extra on top! ;)

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https://www.trustnet.com/fund/price-performance/o/ia-unit-trusts-and-oeics?norisk=true&sortby=P11GBP_D_60M&sortorder=desc&PageSize=25
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Pick a fund with good 1,3 and 5 year performance and then look into it and check it has the same fund manager.
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Ones with more stars are held to be less risky.
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Then do a little more research into what they invest in.
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Use your judgement and review every 6 months, sell the losers and double down on the winners

I would, if it would not be the case that my returns, have been quite good while doing it myself. It is also a hobby and something I very much enjoy doing.
But could very well be that something like you suggest is what I might do when I get very old.
I meet very regularly with a fund manager at the company where I have my stocks. He's a nice guy and we always have very good inspirational discussions. He talks me through his decision process and why he buys what he buys for his fund, and sometimes I tag a long, and sometimes I don't.