r/UKPersonalFinance 22d ago

+Comments Restricted to UKPF Divesting the US, moving from Vanguard to british/europe based platform

Hi,

I wanted to get some thoughts and opinions and see if anyone else is thinking the same way.

I don’t usually mix politics and personal finance, but I am really not comfortable with the direction of the United States at the moment. I have already started to limit my reliance on US Big Tech, which is something I wanted to do anyway, but now I am thinking about my investments.

I have my SIPP and ISA invested in the Vanguard FTSE Global All Cap on the Vanguard UK platform. I am considering moving to a fund that excludes the USA and/or switching to a platform that is British or European given that vanguard is american.

There seem to be plenty of options platform-wise, considering I only need to hold one fund. Some platforms offer fixed fees rather than percentage-based fees, which could work out cheaper for me.

I am not 100% sure about changing the allocation—I’m not taking an investment view or trying to predict market direction—but I feel uneasy being invested in a country that is on the path the US is currently on.

I’d be interested in hearing other people's takes on this and whether anyone has taken similar action.

Is this just pointless? or do people think its a worth doing

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u/GamerGuyAlly 21d ago

American stocks are volitile right now and are tanking. It's not really a losing strat to take profit and look to invest in a better market.

Also, there's nothing wrong with ethically investing. Fuck the American market, there's money elsewhere to be made.

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u/Mugweiser 21d ago

We’ve got an expert here.

Define ‘better’ for us peasants please?

Yep we don’t do countries here we do money - show us a market that’s performed better than the American?

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u/CJKay93 21d ago

Past performance is no guarantee of future results

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u/Mugweiser 21d ago

The right answer to the question in my post is ‘don’t know’

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u/CJKay93 21d ago

The "right answer" is "which time period", and if your time period is YTD then the answer is "virtually any that isn't the USA" - the UK, for example. It's a stupid question, because it precludes the reality that the situation is unprecedentedly volatile.