Vanguard LifeStrategy Funds are now available in Europe

Imagine, that your Dad or cousin didn’t invest in that pharma stock a while ago that initially surged, then stagnated and in the end underperformed the market.
Because most of them do.
Now, he doesn’t even want to sell it anymore because of the emotional attachment. Imagine he didn’t have to think about when selling or buying. Or even rebalancing.
He/she almost certainly isn’t following Banker on Wheels to realize that, as of December 2020, there is a new kid in town. Vanguard LifeStrategy is now available to European Investors!
Your financial advisor may not like that, given the fees he’s charging, but who cares – the Golden Retriever Portfolio (with a little nuance) is now available in one UCITS ETF!
It may not necessary be your cup of tea – I get it. Some investors like flexibility.
But learn more about these funds to make that comment during a (post Covid-19) family reunion when someone asks about the best investment. Whether it’s a bull or a bear market, it could save them lots of money.
And stress. If they ask about Bonds, tell them the Babushka doll includes that as well. The advantage of this investment is that it’s easy to explain, even a Golden Retriever gets it.