Hi All,
I have a pension with my current company, as well as some previous smaller ones which I plan to consolidate at some point.
But now I’m ready to open a Stocks and Shares ISA and save money on the side to grow. Currently I only have cash savings, but I can see how my pension has tripled the last 10 years, as my money is sitting in a “fund”.
Ive been researching hard the last 12 months, I never was taught financial literacy by my parents, so I’m really grateful for this sub!
But I don’t know why, I still feel so nervous to open up a Stocks and Shares ISA on fidelity/vanguard. I find it nerve wracking, but it just must be a financial literacy confidence thing.
Anyway, I’ve narrowed this down to 3 funds. And I just wanted to get advice on which you guys think, is the best to invest in.
I’m looking for a global fund, as I don’t just want to invest in S&P, as I don’t think Trump will be good for the American economy in the long term.
All of these funds seemed to have tripled their performance over the last 3 years and did ok during covid.
But I just wasn’t sure which of the 3 to go for. Just wanted to get your thoughts.
I’m looking to slowly build up a nice pot of savings over the next 20-30 years.
1. Vanguard Total World Stock Index (VTWAX)
2. Fidelity Index World Fund (MSCI World Tracker)
3. HSBC FTSE All World Index
I tbh I I’m just confused which one to go for.
Thank you.