Why I stopped buying Vanguard’s LifeStrategy funds.

[@DamienTalksMoney]

Sign up below to The Daily Upside, it is a high quality free newsletter that is sent to your email inbox daily: bit.ly/3xOlOX3

[@brianfromireland]

I’m a new sub, what a great channel, ceiling gag cracked me up , thanks for the great vid, need to work through your library

[@DamienTalksMoney]

@@brianfromireland welcome to the party Brian! Glad you like my content mate and thank you for dropping a comment

[@jazztec4255]

I feel like the global all cap is the one to go for instead?

[@liammacaodha4783]

Damo you got this lump on the left handside of the front of your neck. Get it checked out for safety. I'm worried. 😢

[@LEWIS1992]

Absolutely LOVE the effort that has gone into editing this video and making it 50% serious 50% comedy! OMG that foam falling on him made me literally LOL every time. Thanks so much! :P

[@DamienTalksMoney]

The foam situation is real! I just channeled it for comedic effect… I constantly get slapped by foam 🤣

[@Premier_lawns_official]

100 percent!

[@stevehorsley5686]

I got my 14 year old into watching your videos during lockdown, unlike his older Brother, he now saves nearly every penny he has in his S&P500 and Global ISA. He moaned at me the other day about why it's been dropping this year, I explained, he then said he has £100 birthday money left over from last month and wants it in the ISA asap to buy 'cheap shares' as he put it. Thanks for all your easy advice, you've got Me and my family (apart from the eldest, as he knows best) into investing.

[@christines5430]

Damien nails it again! Excellent content. A great mix of educational material and entertainment. Score - A+

[@DamienTalksMoney]

Thank you so much Christine ☺️

[@bernardo.daSilva]

💯

[@JakyBF]

Best video yet Damien! Funnily enough, this is exactly what I did last month when I opened my ISA with Invest Engine. Great minds 🧠

[@DamienTalksMoney]

Yes! Glad you figured it out yourself and that you liked the video mate, thank you! Hope you are enjoying Invest engine also

[@johnnybforbacon1097]

Class. Even made me chuckle with those Ainsley clips on the way home from working nights! Another great insight & had no idea you could do this. Legend Damo, cheers pal.

[@DamienTalksMoney]

Glad you liked it mate! Honestly Ainsley is wild haha

[@jjmstudios]

16% return over 4 years with LifeStrategy 100% Equity. It's an amazing fund.

[@Simon...........]

Heard you on meaningful money, checked out this video on YT and rated it. New subscriber! Good content, presented well and engaging. Good stuff

[@DamienTalksMoney]

Hi Simon! Thanks for coming over and checking out the channel. I didn’t realise the conversation with Pete had gone live yet so good to hear you liked that and more Importantly the content on the channel. Damo

[@Brunty_Vegas]

Can tell you went the extra mile for the production value on this video mate. The information was relevant and useful, the edits of humour was hilarious and different shots around your place brought more life into the video. Well done Damien!!!

[@DamienTalksMoney]

Thank you so much mate. Loved this feedback I will keep doing more of the same

[@philr8971]

Now this is what is needed in the current market. Sensible information and cracking humour (oh and numbers are not boring, I mean who doesn’t appreciate a good figure!). Thank you once again for your efforts and continued realism with your content.

[@DamienTalksMoney]

You are very welcome Phil thank you so much for this amazing feedback

[@suebu-j4h]

Thanks

[@DamienTalksMoney]

Thank you for the donation mum

[@nickjm4108]

@@DamienTalksMoney Always thought your surname was talks-money. Madness

[@marcuskerr4605]

Chap, the production of your videos has got better and better. Just thought I'd tell you, but I'm sure you know. Well done

[@DamienTalksMoney]

Great to hear it! I went for it a bit with this one trying to make it better. I can’t promise they will all be like this as it took ages 😅

[@katehipkins2838]

Gotta say I’m a huge fan of the LifeStrategy 100% fund. It is convenient and I’m happy to pay for that service. Especially because I’m a lazy investor, I treat it like a savings account TBH. I’ve got a direct debit set up and I just leave it to do it’s own thing.

[@andrewmitchell38]

Same 👍🏻

[@toyinadesoji]

Hi - I have just started, have you seen a good growth over time using the life strategy option?

[@wonderfullywonderingwander7870]

100% Kate, in 40-45 years we'll be rich together, wahoo!

[@eddiesid1149]

@@wonderfullywonderingwander7870 what are you paying a month £100 ?

[@wonderfullywonderingwander7870]

@@eddiesid1149 800£

[@andywebb6640]

You are without a doubt my favourite finance youtuber. Great video. I'm still in LS100 though because I'm a lazy ******!

[@DamienTalksMoney]

Andy such good feedback this. Thank you so so much mate.

[@jamesc328]

Thank you another great video. And I can highly recommend The Daily Upside, really good no nonsense newsletter.

[@DamienTalksMoney]

Yeah i love the daily Upside and that is why i wanted them on the channel.

[@jamiewinstanley1881]

Great video. Nice to see u out the loft!! Love it Joe!! Keep it up

[@DamienTalksMoney]

The loft is no more!

[@jamesdarby86]

Another great video Damien, you've given me much to think about as I'm currently using the Vangard's LifeStrategy. I'm probably not doing to touch anything yet as I'm not confident enough to mess around with these things

[@DamienTalksMoney]

Yeah and that is it mate, only do what you are confident with and the lS funds are amazing! But also in time as you grow in confidence have a go of doing it yourself.

[@thestreetinvestor]

My man. Still lovin u long time! Haircuts working 4 u g, won't hear otherwise. Glad you're still at it. ☮️ Peace and luv.

[@DamienTalksMoney]

MY GUY! thank you so much as always. Always appreciate seeing you in the comments

[@lukecollins7731]

Damien I think this is your best video mate! absolutely brilliant. the way this has been put together is class and so much info along the way. its baffled me for months why vanguard uk doesn't offer any REIT investments but they said somewhere that they don't have enough interesting which I find hard to believe?? keep up the good work bro... road to 100k subs!

[@DamienTalksMoney]

Really appreciate the feedback on this one mate! Glad you liked it, I really went for it on the production side of things

[@wyrmie84]

Had me laughing most the way through again buddy! Love it! Great info! Who said financial content is boring...? They havent been watching you obviously! Keep it up! Thanks dude!

[@DamienTalksMoney]

Yes Chris! Glad you liked this one mate I went for it a bit haha

[@adriantrushell8777]

Rarely comment on videos and watched most of yours. Wanted to say great effort on this video mate. 👍🏼

[@DamienTalksMoney]

Hi Adrian! Thank you so much for this comment mate and for watching all the videos. Appreciate you sticking your head above the trenches to show support. Damo

[@CrappyProducts]

The production of these videos keep getting better. Well done Damien

[@DamienTalksMoney]

Yes! Thank you glad you noticed. I can’t promise they will all be like this as it took an age to make 🤣

[@alfsporturbo]

Literally brilliant. Thanks dude 😁 I can't work out if I like the comedy more than the advice....either way it's always great. Thank you!

[@DamienTalksMoney]

Love this comment mate thank you!

[@benmorgan9777]

Each vid just gets better and better! I live and invest in new Zealand now but I still watch your videos for pure entertainment and still learn about investing! Great stuff!!

[@DamienTalksMoney]

Yes Ben! Thank you so much mate from watching from the other side of the world. I think it is same to same you are the furthest away from the UK. Hope like in NZ is as good as it looks!

[@benmorgan9777]

@@DamienTalksMoney as if you replied ha! Great country financially speaking UK platforms/tax is better. No access to direct vanguard funds so paying a little higher fees

[@mrsacuity8568]

Fabulous video Damien, fantastic presenting and very engaging, interesting content 👍 thank you !!

[@DamienTalksMoney]

You are very welcome! Thank you so much for watching

[@willpearce9195]

What an absolute triumph in editing. Subbed

[@outsidethebox2037]

Best vid yet Damo.... Excellent content, you made the right choice to devote 'full time' to your channel, the difference in your videos is now very noticeable, well-done 😃

[@DamienTalksMoney]

Thank you so much, excellent feedback this and great to hear you think the quality has improved

[@tridau]

Haha. You're a class act Damo. Signed up for Invest Engine this year and liking it so far. Some food for thought here.

[@DamienTalksMoney]

Glad you like it mate! I have been impressed with the platform myself and how easy it is to use

[@joeyjoi8r]

Nothing wrong with your hair line. Liking this video very honest and straight forward.

[@DamienTalksMoney]

Thanks Joey mate! Good to know you don't think the hair is bad haha

[@tyneill]

Some of the best financial videos (and humour) on youtube, thank you sir.

[@alhutchins8755]

I swear, this has to be the funniest finance video I've ever seen!!! I had to keep rewinding because when you made me laugh, I forgot what you were talking about!! 🤣🤣🤣🤣

[@kiaranjay5153]

Nice one Damien. Like others have said, I'm happy at the time being to stick with Vanguard for the convenience, but it's interesting to see that there's a DIY method out there. Nailed it with the gags in this one too. Wouldn't worry about the escaping hairline. I started losing my hair when I was 16 and fully lost it when I was 19, and frankly it's made my life a bit easier. Less money to spend on shampoo and haircuts, more money to chuck into an index fund ;)

[@DamienTalksMoney]

Yes to less shampoo and haircuts!! I am all about that life.

[@ThatFinanceShow]

This is the best video you’ve ever made. Unbelievable quality.

[@DamienTalksMoney]

oh stop it you!

[@everyquid8881]

Love the video mate, absolutely love it. Studio upgrade is looking awesome! That soundproofing game strong 😂

[@DamienTalksMoney]

Haha yes mate! Thank you so much, glad you like the studio nearly killed me making it 🤣

[@emmacatterall1326]

The foam falling was my fave part - love your videos!

[@DamienTalksMoney]

Yes! i can't tell you the effort that went into making the foam fall on time haha.

[@emmacatterall1326]

@@DamienTalksMoney I feel like we need a video dedicated to behind the scenes bloopers …

[@jenc7413]

That foam installation was a paid actor. Haha. Almost choked on my dinner watching this one. Who says education cannot be entertaining? Great video as always :)

[@Markrspooner]

Great Video Damien, exceptionally entertaining and educational, the perfect blend

[@DamienTalksMoney]

Thank you so much Mark! I really appreciate it

[@iQinvesting]

I've only just got around to this, but jeez this is a sick video, nice one!

[@Kraftwerker1]

Fantastic video Damo! Laughed out loud several times and learned loads as well.

[@DamienTalksMoney]

Yes! perfect feedback this.

[@presterjohn71]

Another excellent video. You will be cracking the magic 100k subscribers before Christmas at this rate.

[@DamienTalksMoney]

Fingers crossed mate! Just need to keep making content

[@ryanjames702]

Great video Damien, educational and engaging. Keep up the great work 👍

[@DamienTalksMoney]

Thank you Ryan mate! Thanks for tuning in

[@adamb6024]

This video is class my friend! Really like the new format, really dynamic and engaging. Appreciate the effort put in this video. Mate how many times you made me laugh, I don’t know how long you laugh when putting it all together!

[@DamienTalksMoney]

Yes Adam glad you like the style! I wont be able to make them all like this as this took a good while to put together but good to have this in my locker. Sometimes the jokes come easier than others and with this one i have been battling the foam for weeks now so thought why not just turn it into a gag..

[@adamb6024]

Appreciate it takes time and good to have some videos like this sprinkled in between the usual broadcast. Hope the foam is staying put now!?

[@Life_Literacy]

Another great video fella. Set it and forget funds are great for newbies or peeps with no time to do research. Though like the idea of creating your own, crazy how ‘super low’ vanguard fees can still churn out some eye watering numbers over time. 9k is a few chunk of change!

[@DamienTalksMoney]

Yes it really is wild how even small fees can stack up over time! Imagine the platforms charging people 2%....

[@RPBchannel99]

Amazing Video, your best yet 👌🏻 keep up the good work

[@DamienTalksMoney]

Yes! Amazing feedback thank you.

[@darylbultitude3786]

Very good, really enjoyed this video and got me thinking. Also burst out laughing at one point, you the man!

[@DamienTalksMoney]

Great to hear this Daryl! Thank you so much mate

[@michaelchew4932]

Another great video. I've come to your channel as I'm about to start to dip my toe into investing and your videos are a great source of info (even if a bit flies over my head at this stage.... Like foam I suppose!). The Life Strategy Fund is still going to be for me.... As I will be a relatively low ball investor, just trying to get a decent return (over the top of a bank account) on the little money I can put into fund. I'm never going to be at a point where I wish to risk too much or want to manage my own funds....... I want to "invest and forget" as that will be better than doing nothing. The Life Strategy Fund will allow me to do this simply and easily (I hope)

[@WaheguruForever]

Damo, excellent video mate. Loved the new editing styles. An educational video providing just as much entertainment 👌 Don't worry about losing hair, you're joining a special club (that I am already a member of😉)

[@DamienTalksMoney]

I will happily be part of that club with you mate

[@GuybrushThreepwood79]

My favourite You Tube channel! Brilliant stuff!

[@DamienTalksMoney]

What a compliment! Thank you so so much.

[@user-ps7bg7oh8r]

Superb video mate, literally laughing out loud whilst learning.... 👍 👏

[@DamienTalksMoney]

Amazing! Love this comment thank you

[@garethgazz9332]

I'm happy to pay for the convenience to be honest. All the hours I would need to put in to constantly find slightly cheaper ways of doing things would probably cost me more than £17k over 30 years anyway. Oh, and that acoustic foam falling from the ceiling was 👌 proper made me giggle

[@DamienTalksMoney]

Yes and that is such a good point mate! You need to value your time and for most the effort is not really worth it

[@Toryboy1807]

0:52. You can buy them on interactive investor.

[@citizenpb]

9K saving sounds good but what they never tell you is that the fee saving is back loaded, in fact in this example around 85% of the saving is made in the second 15 years and about 50% in the last 6 years. I'm sure the fee landscape will have changed considerably by then. And, as far I'm aware, LS funds are also available in the UK on Fidelity and Interactive Investor to name two. Entertaining and well put together though.

[@DamienTalksMoney]

Great comment and insight and you are spot on that with percentage fees the majority of those fees are paid on the higher balances at the end, But that doesn’t mean we shouldn’t look to reduce fees now and I would say that the fee landscape is already changing currently and all the platforms you have mentioned need to react, well Vangua and HL certainly, fidelity I don’t know the fees off the top of my head and ii may be cheaper but their fee structure is so all over the place it would be hard to tell, if I remember correctly their U.K. fees are expensive and they only really make sense on American shares. Regardless all I can really control as an investor in the short term is fees, so I will look to do that. Also thanks for pointing out the other platforms, I had a good look around for LS funds on other platforms but couldn’t find them I don’t use fidelity or ii so must have missed it within my search I hope others see this comment and it is very valuable input

[@citizenpb]

@@DamienTalksMoney I agree on minimising fees, I’m just as tight as the next investor. And who wouldn’t want an extra 9K? But my OCD compelled me to dig deeper into the numbers behind the headline figure. The flat fees for ii can get complex and costly for heavy traders, but are simple for regular investing into something like LS and works out cheaper than VG for an ISA of 80K or more, and the bigger your pot the more you save. For a smaller pot a fixed % platform makes more sense of course and Fidelity is more expensive than VG but cheaper than HL, for holding LS funds anyway.

[@michaelreddington1234]

Would Lifestrategy 100 be a good thing to have as part of diversified portfolio though? If you’re in the wealth accumulation phase of your life and you want something that has UK exposure, then in this instance it would be good to have Lifestrategy 100? While the UK isn’t expected to recover anytime soon (I’d say for a decade to be honest), would I Lifestrategy 100 be seen as a cheap way of buying the UK now while it’s cheap and then reaping the rewards later on when the UK recovers? Just a thought

[@MendezPalmira]

As someone who has been here since your first video I can confidently say this is the best one yet. As a fellow brummie I feel a sense of pride.......(queue wistful music)

[@DamienTalksMoney]

You really have been here since the first video and thats why it means a lot that you think the content has improved over time! i went for it a bit with this one i must admit haha. Just felt inspired to give it some! I feel pride when ever i hear a brummie speak so i get it mate haha

[@edchaudhry9448]

Hi Damien, at the risk of sounding like a lot of people on here - epic job! Brilliant production and information. Ive followed Ramin for years and I’ll add you to that list. Thanks for challenging what I’m doing and making me rethink my laziness!

[@DamienTalksMoney]

You are very welcome and thank you so much for your kind words Ed! We all need reminding sometime not to settle with our investments. Ramin is truly an amazing creator and such a fountain of level headed insightful information. I have also been watching him for years now

[@Lillium1543]

Great vid Damo 👍🏻 love how you make the content memorable 👏

[@DamienTalksMoney]

Thank you so much Sandra! So glad you liked it.

[@eweng903]

Main issue (I think) with the LifeStrategy funds is the large number of low yielding bonds they place into an investment portfolio. Vanguard's Global Bond Index Fund (a significant component of the LifeStrategy) is down nearly 9% this year, yields about 1.4%, and is hedged into Sterling (which has weakened this year against major currencies). Safety of the Vanguard bond funds is highly questionable versus a cash reserve with rising interest rates, and its yield for fixed income is far too low. For safety can simply (I think) use cash, and fixed income assets with higher yields and in a stronger currency than Sterling is these days.

[@Àdhamh_Fife]

Great video Damo, very useful. Many thanks for the content, love it. You've got loads of hair btw 😎

[@DamienTalksMoney]

Thanks Adam! I am gluing the hair i got left to my head.

[@Àdhamh_Fife]

@@DamienTalksMoney 🤣

[@leenewell1447]

Great video, often looked at LifeStrategy 100 and similar funds and see they you are getting a load of cheap ETFs and paying a premium for it.

[@DamienTalksMoney]

Yeah convenience has a price with these funds for sure!

[@michaelkidd7123]

You are an absolute treasure. I literally began the transfer of my ISA from vanguard to Invest Engine yesterday and was going to sit a create a portfolio that mimicked the lifestrategy funds today! Thank god the algorithm figured that out and I was looking at my KZbin feed before I did - you've saved me hours of toil and apparently my hairline! Only thing next is when trading 212 take on new ISA customers, will it be worth making the swap again?!?

[@DamienTalksMoney]

Hahah glad i could help you out mate! Let me know how you get on with it all

[@rhydian76]

Fantastic video. Love the mix of seriousness and humour!

[@DamienTalksMoney]

Thank you so much

[@lukasg6254]

Love IT!!!! Awesome video Damo. Looking at the comments, and I agree with that 100%, you have undeniably mastered the craft of delivering outstanding content where we are not only learning but you make us laugh at the same time! This is the best of the best Damo! Regarding Lifestrategies, I am going to stick to Vanguard at the moment, I think that moment will be a longer moment ;) Take care Bud!

[@DamienTalksMoney]

Your feedback is always welcomed Lukas but this has to be your best comment. thank you so so much mate. Always means loads to me that you show up every week to watch.

[@lukasg6254]

@@DamienTalksMoney I would not miss the opportunity to watch your awesome content. Thanks Damo

[@niceandcurly]

If your finance KZbin gig doesn't work, you have a career as a comedian. I burst out laughing several times. Thanks for the video!

[@DamienTalksMoney]

I will take that! Not sure I am very funny in real life though 🤣

[@TheAXpresents]

Ah what a video to come back to, fun and educational. I wouldn't worry about the hair thing, I'm choosing to embrace it. Right I got to catch up ur videos.

[@EdwardZambrano]

That was an entertaining learning vídeo, keep it up!

[@stephenwilson5453]

Great video again bud thanks for the insight. The sound proofing is going well then 😂😂

[@DamienTalksMoney]

The sound proofing is rock solid mate don't know what you are talking about... haha

[@tanyam.5476]

What were the fees for the recreated life strategy funds on invest engine?

[@rebeccacollins5564]

Incredible video, your channel is highly underrated

[@DamienTalksMoney]

Thank you so much. Glad you liked.

[@thekraken7722]

Unbelievably packed with information.....pour yourself a drink young man 🥂

[@DamienTalksMoney]

Thanks Iain! I slammed a beer straight after posting lol

[@alastairquantrill9557]

RTJ vinyl in the background. Love it!

[@DamienTalksMoney]

Very well spotted!

[@TopsMiah]

Brilliant All Round 👍🏼👍🏽

[@DamienTalksMoney]

Thank you!

[@oramafurniture3986]

The issue is when life strategy fund is rebalanced you will need to do that for your own created fund mimicking life strategy fund , how would one keep up with the changes if and when the rebalancing of life strategy fund happens ? The automatic rebalancing on invest engine might not necessarily match the rebalancing of vanguard’s life strategy funds

[@NoName-ql1wk]

All your videos are great - love it.

[@DamienTalksMoney]

Thank you so much!

[@j33prang]

I watch you a lot and i don't give much feedback, but your content is excellent and you deserve far more subscribers. Very interesting and entertaining. My preferences are in crypto uk law so keep it coming. Thanks

[@TheJazzyG21]

Ok, I know I’m a Damo fanboy, but the content and production on this vid is off the scale (again). I probably won’t take the time to move my LS investments, but I value the heads up to consider alternatives. It’s the production on Damien’s videos that make the valuable content so easy to consume - I bet your watch time stats, per video, are fantastic! Congrats as ever and thanks for the link for the Daily Upside.

[@DamienTalksMoney]

Love this comment Graeme thank you so much! haha. I just fancied going for it with this video and seeing what i could make. Nothing wrong with staying with the LS funds, I still have money invested in them. The best investment is the one you stick with long term.

[@superape9208]

Hey, I'm just wondering why another US Equity fund wasn't chosen to replace Vanguard U.S Equity Index GBP (0.10% fee) for example L&G US Equity (0.05% fee) or even HSBC USA Sustainable Equity (0.12% fee) - if you want to keep away from fossil fuels! Are those other US Equity funds somehow not such a good idea?

[@darrenjosephgregory]

Great video Damien. Genuinely laugh out loud funny. And of course informative

[@DamienTalksMoney]

Thank you so much Darren! Glad you enjoyed this one.

[@frogantoad]

You make something which should be boring interesting ☺️ Great job

[@rahsen1891]

Love the new setup, Damo! 🔥

[@DamienTalksMoney]

Thank you mate! Hope you are well

[@Newbie49]

Great advice (nay - demonstration of concept!) as ever Damien. I just hope it hasn't faded from my memory by the time my LifeStrategy fund has finally recovered...Thanks.

[@DamienTalksMoney]

Haha it will recover one day i am sure! We just have to take the rough with the smooth.

[@wildernesswisdom1]

damien love the humour and clarity

[@alanpalmer3879]

Great video funny and a lot of good information love the effort you put into it to 👍

[@DamienTalksMoney]

Thank you so much Alan!

[@christophermills1733]

Damn, the last few videos you’ve done Damo, are of a new level. Been watching you since your first few videos, it’s bloody epic to see where this has gone. 63k subs, that’s less than it should be - I reckon you’ll get to 100k and then getting to 500k will take the same amount of time, remember this comment ;-) I’m in Cape Town, South Africa (altho I’m a British citizen) so this vid was cool because access to Vanguard isn’t the same from down here.

[@DamienTalksMoney]

Yes Chris! Always love that you watch my videos from the other end of the world. I would love to visit Cape town one day in a previous job i had some south African clients and they spoke of the great quality of life and amazing food in that part of the world.

[@christophermills1733]

@@DamienTalksMoney Cheers! Like anywhere, we've got our economic and political issues, and unfortunately a lot of crime but it's an incredible city to live in. If you're ever coming down this side, holler at me and I'll happily give you some guidance / tips / pointers on where to go. My entire family is from England and Scotland, so we're very familiar with the movement between the countries.

[@RhysJervis]

Truly excellent content. From knowing absolutely nothing about investments, I'm now ready to open a cash and S+S LISA. Everything learnt from your videos. Please keep up the good work.

[@tom7676]

Joe Swash, HA. Ramin is great. Have you given his Many Happy Returns podcast a listen? It's great.

[@DamienTalksMoney]

I have not but I will be sure to listen!

[@karllittleboy1143]

Damien, fantastic content mate. Powering through your videos -- Top quality info and a concise and punchy delivery with a wicked sense of humour! One question from this video; the 0.1% "Built-in Fee" you reference at 11.20, what does that relate to? I can find the 0.22% LS Fund Fee and the 0.15% Vanguard Platform Fee, but the additional 0.1% is proving elusive! Thanks

[@DamienTalksMoney]

It is an estimated cost that relates to transactions fee mate. So it wont be set it is an average

[@livk2865]

Hi Damien, thank you very much for your videos and the info you share in them! They are really useful and educating. I’m new in investing and still learning and I would like to ask you if you open different S&S ISAs or also a SIPP how do you manage the investments? I mean, how do you organise the investments so they don’t overlay? I was thinking about investing in an all world fund through a S&S ISA but if I also want to open a SIPP (or another S&S ISA), does it make sense to invest in the same type of fund? Could you share some insights to have different and complementary accounts? Many thanks!

[@wealthelife]

buy/sell spread costs when you do the 'free' rebalancing on the platform? risk of small funds closing down and increasing costs via buy/sell to another fund, and/or realized capital gains taxes? risk of '$0 fee' platform raising fees in future, or being bought out buy a bigger, more expensive competitor (who shifts your investment into their more expensive platform). There are a few unknown cost factors that might make the cost savings lower than initially expected -- so the extra work may not pay off.

[@paulsmart5051]

I do enjoy the “dash” of humour you bring

[@garybenn9482]

Great vid as usual! Just to let you know in your google sheets you missed out V US Equity index on your LS100 list.

[@DamienTalksMoney]

Legend mate! I will update it

[@nicwilliams00]

Dexters Lab! Yeah Boi! Wondered if you thought it was sensible to move money from LS 80 to a lower risk while the recession takes hold? Keep up the good work....and the shirt buttons!

[@DamienTalksMoney]

You are the only person who clocked the Dexter’s lab!! I don’t think any type of market timing is smart if you did move and the market rise you would be gutted. If you do get it right really it is luck and now skill.

[@setaoc360]

Nice video Damien. Liked and subscribed.

[@DamienTalksMoney]

Thanks for the sub! Glad you enjoyed the video and welcome to the channel.

[@danjames4606]

Looking for advice guys, I've been investing in various index funds using the plum app. Should I stick with it for now (user friendly I feel) or switch to vanguard?

[@lukesamuel2260]

What about the transaction costs associated with rebalancing, surely the more funds you have in a portfolio the greater the transaction costs of rebalancing? Does this cancel out the lower costs compared to lifestrategy?

[@richardclayton6939]

Really appreciate the time it put into making that video with the jokes and props involved, kudos! Have you gone full time youtube now?

[@DamienTalksMoney]

I am full time Richard yes! I spend most of my time trying to keep the foam on the walls 🤣🤣

[@minimad8793]

ok suckered me in to clicking the link :) thought the blue room had disappeared at first then relief came back haha

[@DamienTalksMoney]

The blue room will never go it is just evolving!

[@ryansvlogsandvideos953]

Catch up with your video mate 👍 going be great video 😊

[@19rocknrollcircus68]

Hiya, after watching your beginners guide videos to investing into vanguard's life strategy fund with an s+s isa I'm up for it and in for the long haul however,I'm a bit confused now with this video due to what sounds like a large fee in the end, given that you have more recent videos than this where you mention the benefits of the life strategy on vanguard,do you still not bother adding to your life strategy because of the reasons in this video?

[@thompson6279]

is there a way to buy your portfolio on invest engine so whenever you rebalance it updates automatically on my end?

[@Mallarkey]

Just found this, and you are SO RIGHT...BrewDog beer does taste like perfume!

[@Oceloteater]

Awesome as always Damo!! 🔥🔥🔥

[@DamienTalksMoney]

Thank you so much!