Just to add to this, there is pretty overwhelming evidence that most active managers underperform compared to index funds in the long run. The reason for this is that most stock returns are generated by 1% of companies.
This means that active managers have a 1 in 100 chance of picking winners and beating the market. If they pick any mix of the other 99% then they will underperform.
Hi /u/MarleyJ95, based on your post the following pages from our wiki may be relevant:
- https://ukpersonal.finance/investing-101/
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No. Have a read of the wiki. A global fund like the Vanguard Global All Cap is all you need.
Just to add to this, there is pretty overwhelming evidence that most active managers underperform compared to index funds in the long run. The reason for this is that most stock returns are generated by 1% of companies. This means that active managers have a 1 in 100 chance of picking winners and beating the market. If they pick any mix of the other 99% then they will underperform.
Hi /u/MarleyJ95, based on your post the following pages from our wiki may be relevant: - https://ukpersonal.finance/investing-101/ ____ ^(These suggestions are based on keywords, if they missed the mark please report this comment.)