Hi Jack,

I can’t give specific recommendations for what any given individual should do but I still see it as a decent global tracker and I’m still holding it myself. There is a Monevator article on global trackers which is more up-to-date which is worth checking out as well:
https://monevator.com/best-global-tracker-funds/

Hope that helps

I have started long term investing and currently in VWRL, if you were starting out would you still recommend VWRL or go for something else?

Thanks.

Hi Ben,

It’s currently £8 a month or £96 a year for the annual option. I think the price is listed further down https://money-makers.co/membership-join/ but it’s probably not as clear as it should be so we can take a look at that. Thanks for the feedback on this.

If you click on one of the Join Now buttons on that page then it should ask you to log in to PayPal and it should display the price on the next page before you complete the sign-up process (at least it seems to do that for me).

Hope that helps.

I was interested in Moneymakers but there is no information about the cost and when you clicked on membership it takes you through to PayPal again with no indication of the cost of the subscription. I emailed the website about this and for information and no response.

I wonder if you can help?

@ Daniel,

Sorry about that — I’ve added you manually so you should be all set now. For some reason that I haven’t been able to get to the bottom of, not everyone seems to get the activation email.

Hi P Davies, haven’t decided for sure but thinking about covering Caledonia again in December, as its interim results are due out at the end of November.

Edited with link to article: https://www.itinvestor.co.uk/2020/12/caledonia-investments/

Thanks, Octavia.

I’ve done a number of quarterly portfolio reviews – here’s the latest in case you haven’t seen them yet.
https://www.itinvestor.co.uk/2020/10/q3-2020-just-in-the-red/

I’m probably going to update my investing strategy piece linked to above in the article and publish that later this week or next.

My rebalancing is fairly informal, I’d say. I’m not following any strict allocation between equities and bonds, for example.

I usually look at the overall percentage I have in global trusts/funds and the various specialist areas I have and use that as an over-arching guide for where to invest next. That’s been a major change for me compared with, say, twenty years ago when my positions were a lot more random.

I tend to add to positions with the cash I have available rather than switching larger chunks from one trust to another. So I generally reinvest dividends and put ISA subs into areas I fell either look cheap or where I’m still building up to my desired position size (sometimes both occur at the same time of course).

Sometimes, I do run out of patience with trusts, though. That usually takes quite some time but when I do finally make a decision like this, I usually try and sell in the next month or so rather than constantly weighting for the right selling price.

In the last couple of years, I’ve sold out of City of London (too UKy/banky/oily), Murray International and Princess Private Equity (both on long-term performance concerns). In all these cases, I just used to proceeds to top-up on several smaller positions in renewables, small-caps, and healthcare where I wanted to increase my position sizes.

I’m still ruminating about adding some more direct tech exposure (SMT, ATT, and the other usual suspects) but have felt reluctant to do so after they’ve had such a strong run recently.

This seems to work for me at the moment but the process does tend to evolve over time I find.

I’m a little wary about putting disclosing my exact position sizes in my blogs as I think this is something everyone needs to decide for themselves.

Hope that’s useful 🙂

Stuart