24 Feb 2022
Inflation is just so high that I think my money will be better off investing in this UT.
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Hi there, based on what you have written I think you can consider dollar cost averaging into ETFs (such as the S&P500 or a world index). This is because they are cost and time efficient and is as passive as investing gets!
More specifically, consider investing in irish domiciled ETFs such as CSPX (S&P500) or VWRA (all world index).
There are a few reasons for doing so
While there is slightly higher fees and spreads on the London Stock Exchange, these are one-time fees, unlike commissions paid to fund managers. I personally use IBKR as their fees are very competitive.
For a full guide on irish domiciled ETFs, check out my article here (http://thedollarsapling.com/2021/09/17/irish-do...)
If you are interested to learn more, consider joining my telegram channel (https://t.me/thedollarsapling) where I talk about all things related to investing and personal finance
24 Feb 2022
Administrator at SG
Yes SSB is very safe. Good to store some 2nd tier emergency fund.
I would put majority of my fund into growth funds/ETFs as I have a long runway before retirement (in my twenties). Dividend pot can build up slowly along the way or convert them from your growth funds into future.
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