Vanguard Isa - Lifestyle 80 and S&P 500?

[MrsGethinJones]

Im have some money that I can invest in a stocks and shares ISA this year. Ive never had this type of ISA before and really only have had basic savings accounts.

I’ll be able to save around £500 per month for 10-12 months, and I wont need to access the the money for around 5 years.

Ive been reading up on the Vanguard funds and I think that I can afford to take some risk, so Im looking at products that carry and investment risk of 5.

The S&P 500 seems to do well, so do the lifestyle products so would it make sense for me to invest in lifestyle 80 and the S&P fund equally?

S&P500 is an index. It is 507 holdings (companies).

Lifestrategy 80% has 24000+ holdings (companies, bonds, gilts, other)

www.fundslibrary.co.uk/FundsLibrary.BrandedTools/PruConsumer/DataOnline/HtmlFactsheet/a65ee334-10e9-4801-8d56-a7a4c4f278ba#essentials

The LS80 will contain the S&P500. The LS80 due to having a lot more holdings is more diversified than the S&P500.

If you were to invest in both you would be changing your risk level as a high proportion of your money would be invested in the US and specifically the S&P500.

Personally I would start with the LS80 and see it goes.

Ok thank you - that sounds like a good idea