Index trackers, a sensible approach?

[eldar]

I've got 30k saved up, and £300 a month to add to it.

I'd like to invest this for at least 5 years, and I'm prepared to take some risk with it. So I'm looking at stocks.

I like the idea of index trackers - simple to understand and manage.

I'd choose two - half in a FTSE all share tracker, and half in a global tracker.

Is this reasonable, or am I being too simplistic?

[Fittster]

Yes, is the simple answer.

For a detailed answer of why it's the right answer treat yourself to:

A Random Walk Down Wall Street: A Time-tested Strategy for Successful Investing

Or

The Little Book of Commonsense Investing

[eldar]

haworthlloyd1 said:

completely reasonable, why not?

nice and simple, low charges, reasonable dividend yield at the moment and a favourable outlook over 5 years.

30k too little for property without leverage so an index tracker is ideal if you understand and can live with the risk (which i assume you can)

Its the new car fund, pretty much. Keep it in the bank, I might end up with £50k. A bit of gambling, its either bangernomics - I can live with that, or something more fun

Its not enough for property, as you say, unless I borrow some more, which I don't want to do.

[eldar]

Fittster said:

Yes, is the simple answer.

For a detailed answer of why it's the right answer treat yourself to:

A Random Walk Down Wall Street: A Time-tested Strategy for Successful Investing

Or

The Little Book of Commonsense Investing

Thanks for that Ordered.