Re: High level investment strategy - thoughts
Posted: June 8th, 2024, 12:53 pm
jaizan wrote:scrumpyjack wrote:I'm certainly not a religious zealot but it is unarguable that active managers are higher risk than a global ETF.
I disagree. Some "global" etfs have about 50~60% of the investments allocated to the US. Which is near to a historically high PE multiple. One way of increasing risk is to buy expensive assets.
I don't think that's an appropriate diversification for UK investors.
On the other hand, once you start looking at relative current PEs of different markets, you're not thinking about a long term strategy, but short-term tactics - timing the market.