i have around 200kusd saved and would like to invest this amount in index funds. As you may already know investing in the stock market is a full time job altogether.
I also have a Canadian passport and will be returning back in 3 to 5 years
I heard thru some good friends that the best index funds are from Vanguard.
Based on my age (37 years) and my tolerance to risk (balanced) I was thinking of the following option:
40% US focused vanguard total stock market index fund
40% vaguard total international stock index
20% Vanguard total bond market index
Are these fund available thru HSBC in Dubai
I am asking this question because one financial adviser (HSBC) advised me to invest in Mutual funds. I felt like the charges were too high 3% initial charge plus 1 to 1.3% yearly charge. I am also sure some hidden fees will pop up later if i need to re-balance my portfolio.
Any advise would be much appreciated.
Thank you for reading my message.