Hi guys,
My wife and I will shortly be waving goodbye to the last of our non-mortgage debt and so the focus turns to investing. I have read a fair bit on investing and I'm keen to keep things as simple as possible. Choosing the best way to carve up my money pie has me scratching my head so I thought I would see what other UK based investors are doing?
There seem to be a million posts for USA based mustachians but I can't find much for UK
I was thinking of doing a mix of FTSE/World and possibly a small slice of bonds/cash but I can't figure out exactly how I should allocate percentages.
At the moment I am thinking something along the lines of 30% FTSE all share, 60% All World ex-UK, 10% cash/bonds. I am also considering whether I would be better off just tossing everything in a Vanguard Lifestrategy 100, paying slightly more in fees and holding a bit in cash.
Basic stats... I'm 30, wife 33, we have 2 kids and baby on the way. Savings rate once last little bits of debt paid will be about 35% (increasing sharply once she returns to work in a few years). Goal is to FIRE late 40's.
Thanks,
NW