Useful or nonsense

[thedukewood]

Hi there

Wondered if any of you had any experience with:

80:20 investor: https://moneytothemasses.com/80-20-investor-faqs
Fund expert -https://www.fundexpert.co.uk/home.htm
or course John Barons' service http://www.johnbaronportfolios.co.uk/si ... ervice.php

Thank you

[Hariseldon58]

80:20 site I would suggest is unlikely to be useful

John Barons site is interesting.

If you invested in something like Foreign and Colonial Investment Trust/ Alliance Trust/ Bankers Investment trust for an equity component it would be a reliable equity investment. approach. Low cost, diversified with a consistent approach.

If you are new to investing then a passive approach , perhaps one of the Vanguard Life Strategy funds is a good starting place.

[licoricel]

Can’t comment on the other two sites but I’ve subscribed to John Baron’s site for 2 years. Had been browsing before that and decided to subscribe when I moved my work Aviva pension into an existing Youinvest SIPP. After browsing Motley Fool/lemon fool for 20+ years have long ago given up on specific stock picking and most of my investments had been governed by workplace unit trust fund choices anyway. Liked the positives about Investment Trusts overall. Now have about 15% Fundsmith and 85% following the growth/“summer” JB portfolio. (Been trying to get the Fundsmith allocation down by investing elsewhere but it keeps growing!). JB site emails you when shares are bought/sold.

[monabri]

I clicked on the 80:20 link and under the question "why is Damien's portfolio only 50k ?

The answer revealed all I need to know...and enough to say " avoid ". The answer started with the following;

" I challenge you to find any other financial expert...who backs their conviction by putting their own money into the services and funds they promote?...the quick answer is you won't".

Based on that comment I'd say don't go there.

[tramrider]

I clicked on the 80:20 link and under the question "why is Damien's portfolio only 50k ?

The answer revealed all I need to know...and enough to say " avoid ". The answer started with the following;

" I challenge you to find any other financial expert...who backs their conviction by putting their own money into the services and funds they promote?...the quick answer is you won't".

Based on that comment I'd say don't go there.

Monabri is quite right. Perhaps Damien has never even heard of people like Nick Train with his FGT Finsbury Growth and Income Trust or LTI Lindsell Train trust. Nick is in danger of having too much invested in his own funds!

[Itsallaguess]

Wondered if any of you had any experience with:

80:20 investor:

https://moneytothemasses.com/80-20-investor-faqs

Having taken a quick look, I would personally take this option instead -

https://www.youtube.com/watch?v=7FPELc1wEvk

Cheers,

Itsallaguess

[monabri]

https://www.trustnet.com/news/7460533/t ... n-the-game

Is £100m++ considered skin in the game?

(The Trustnet references 70+ other managers, each with £1m invested in their funds ).

[thedukewood]

Thanks all for your responses - food for thought

[thedukewood]

Can’t comment on the other two sites but I’ve subscribed to John Baron’s site for 2 years. Had been browsing before that and decided to subscribe when I moved my work Aviva pension into an existing Youinvest SIPP. After browsing Motley Fool/lemon fool for 20+ years have long ago given up on specific stock picking and most of my investments had been governed by workplace unit trust fund choices anyway. Liked the positives about Investment Trusts overall. Now have about 15% Fundsmith and 85% following the growth/“summer” JB portfolio. (Been trying to get the Fundsmith allocation down by investing elsewhere but it keeps growing!). JB site emails you when shares are bought/sold.

Thanks for your response.
This was my top / likely pick.
I have a passive portfolio but want to augment with ITs
Good to get notification of buy/sells etc
My, rather naive perhaps, question is what is the site thoughts /suggestion for building the portfolio? ie: Do you simply buy in asap once you choose a porftolio to follow/ build over time / buy on target price etc as clearly JB will have held for a while - hopefully that makes sense?

Thanks again

[licoricel]

The site has a FAQ section which addresses these points, but in very brief format (one or two sentences) and points out they are not there for financial advice etc. They don’t recommend a min portfolio size but if you are going to recreate in one hit then you could be buying c.25 shares at a time so you have to think about dealing costs/stamp duty.

You could start with some and build up I suppose which may be the only way to do it from scratch. I didn’t have to worry about that as was transferring a decent cash balance into the SIPP.

In terms of waiting to buy in, they won’t advise on anything like that - they will just say they monitor the holdings and only buy/sell when there is a need. They emphasise the long term nature and the portfolios are based on reinvesting the dividends (expect you to build up cash then that forms part of the re-jigging when shares are sold as they tell you what % of the portfolio each share holds). Two issues can be:
1. If you are paying regular contributions in then you have to decide how to allocate the new cash introductions.
2. Once you want to withdraw income/invts they don’t have a method of how you should rebalance to match their weightings.

[monabri]

The JB website allows a free trial period ( 1 month?) so you can get a flavour of his suggestions. I would rate his suggestions/ track record in preference to "80:20".

I believe OLTB subscribes....maybe PM him for an opinion?

[OLTB]

The JB website allows a free trial period ( 1 month?) so you can get a flavour of his suggestions. I would rate his suggestions/ track record in preference to "80:20".

I believe OLTB subscribes....maybe PM him for an opinion?

I do indeed! Very happy with the JB portfolio (I follow the ‘Summer’ portfolio) and no issues at all with the subscription costs. I don’t trim as often as is suggested as I want to keep trading costs low and only make changes when trusts are either introduced/sold. Performance has been good for me.

Cheers, OLTB.

[LooseCannon101]

Hi there

Wondered if any of you had any experience with:

80:20 investor: https://moneytothemasses.com/80-20-investor-faqs
Fund expert -https://www.fundexpert.co.uk/home.htm
or course John Barons' service http://www.johnbaronportfolios.co.uk/si ... ervice.php

Thank you

I had a look at the moneytothemasses website. It mentions a 'unique algorithm' in the Momentum Investing section.

If someone had really developed an algorithm, do you really think they would share it? Sounds very fishy to me.

[Howard]

Hi there

Wondered if any of you had any experience with:

80:20 investor: https://moneytothemasses.com/80-20-investor-faqs
Fund expert -https://www.fundexpert.co.uk/home.htm
or course John Barons' service http://www.johnbaronportfolios.co.uk/si ... ervice.php

Thank you

I had a look at the moneytothemasses website. It mentions a 'unique algorithm' in the Momentum Investing section.

If someone had really developed an algorithm, do you really think they would share it? Sounds very fishy to me.

Is he Horace Batchelor from Keynsham, Bristol? With the "infra draw" algorithm?

Apologies to anyone under about 65

regards

Howard

https://en.wikipedia.org/wiki/Horace_Batchelor