dublinman2333
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Hey guys, I’m a 26 years old guy and I plan to save for 7-8 years for house mortgage. I’m pretty much a newbie so I’m not sure whether I should keep dollar coast averaging in the 2 ETFs I currently own (Vanguard S&P 500 and FTSE All World), or I should invest in some funds from Zurich Re?
The concerns I have are that it seems the stock market in the past few years have been pretty bad, and I’m investing 7-8 years for a house mortgage instead a 10-20 years long span. Would investing in ETFs be a good option? Tbh I checked the Prisma portfolio from Zurich Re, a risk 5 out of 6 portfolio has a 5.2% 5-year average annualised profit, but you have to deduct a 1.3% management fee as well. So according to this it won’t even be 4% afterwards. Plus according to their performance graph they didn’t even perform as well as S&P 500 and FTSE All World. However there 2 ETFs are all equities and for the Zurich Re Prisma fund equities only take 53% or so hence theoretically the risk is lower.
So for a 7-8 year span for house mortgage application which option do you guys think would be better?
Thanks in advance.
The concerns I have are that it seems the stock market in the past few years have been pretty bad, and I’m investing 7-8 years for a house mortgage instead a 10-20 years long span. Would investing in ETFs be a good option? Tbh I checked the Prisma portfolio from Zurich Re, a risk 5 out of 6 portfolio has a 5.2% 5-year average annualised profit, but you have to deduct a 1.3% management fee as well. So according to this it won’t even be 4% afterwards. Plus according to their performance graph they didn’t even perform as well as S&P 500 and FTSE All World. However there 2 ETFs are all equities and for the Zurich Re Prisma fund equities only take 53% or so hence theoretically the risk is lower.
So for a 7-8 year span for house mortgage application which option do you guys think would be better?
Thanks in advance.
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