Stocks n Shares ISA

I've been looking on my Barclays app and they offer a service which they manage. Not sure if that's worth exploring
 


Fletch said:
When people quote % are you referring to shares % compared to cash ?
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No mate I’m quoting the value of the fund. What in invested 3 yrs ago and what it’s value is now has increased by 20%+
Obviously it fluctuates but doing decent so far.
Edit sorry you mean the 60 and 100%.
60% is 60 shares and 40 bonds which is lower risk
100% is shares and higher risk
 
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JJH said:
No mate I’m quoting the value of the fund. What in invested 3 yrs ago and what it’s value is now has increased by 20%+
Obviously it fluctuates but doing decent so far.
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He's talking about the Vanguard 60,80% etc not ROI I believe.
 
JJH said:
No mate I’m quoting the value of the fund. What in invested 3 yrs ago and what it’s value is now has increased by 20%+
Obviously it fluctuates but doing decent so far.
Edit sorry you mean the 60 and 100%.
60% is 60 shares and 40 bonds which is lower risk
100% is shares and higher risk
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Any reason why you've opted for 60 & 100? Rather than just going for the 80 as its essentially the same thing
 
Frightening the amount of people who believe an ISA is only a cash thing.

Told me mate the other day one of me ISA;s had returned 30% the past 12 months, he looked at me like I was completely stupid and proceeded to rant and rave about his cash ISA,s making nowt and how i was talking complete bolox. Eventually calmed him down and told him it was a S&S ISA......"what's one of them?" he said !!!!
 
People saving for retirement in ISA’s are losing out on the tax relief you get from investing in a pension and the growth on that extra tax relief (40% relief for some). If you you want to retain access to some money than why not do a bit of both! People must like paying tax! If you look at the difference between putting £1000 net a year into a pension to an isa the difference would be mega
 
sexymuffin said:
People saving for retirement in ISA’s are losing out on the tax relief you get from investing in a pension and the growth on that extra tax relief (40% relief for some). If you you want to retain access to some money than why not do a bit of both! People must like paying tax! If you look at the difference between putting £1000 net a year into a pension to an isa the difference would be mega
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If you are a basic rate tax payer when you contribute and when you withdraw the difference is not that great. You basically get tax relief on the 25% lump sum, therefore 20% of 25% so 5%. As you say a mixture of both to suit your circumstances is best.
 
sexymuffin said:
People saving for retirement in ISA’s are losing out on the tax relief you get from investing in a pension and the growth on that extra tax relief (40% relief for some). If you you want to retain access to some money than why not do a bit of both! People must like paying tax! If you look at the difference between putting £1000 net a year into a pension to an isa the difference would be mega
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That's only if you're doing it instead of a pension. If you already have a works pension & basic rate tax payer then the only saving is the tax on the 25% lumper. But you then lose loads of flexibility. So it's worth doing a bit of both.
 
42 said:
Any reason why you've opted for 60 & 100? Rather than just going for the 80 as its essentially the same thing
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At the time think it was slightly less risk if I remember. The 100% one was just to compare. Obviously 100% is prone to wider fluctuations but it's a long term saving account so fingers crossed.
I like the simplicity of opening/maintaining it.

Vanguard Asset Management | Personal Investing in the UK

www.vanguardinvestor.co.uk www.vanguardinvestor.co.uk
 
JJH said:
At the time think it was slightly less risk if I remember. The 100% one was just to compare. Obviously 100% is prone to wider fluctuations but it's a long term saving account so fingers crossed.
I like the simplicity of opening/maintaining it.

Vanguard Asset Management | Personal Investing in the UK

www.vanguardinvestor.co.uk www.vanguardinvestor.co.uk
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I have vanguard accounts but I've mixed VLS funds with more global ones as the VLS ones are a bit too UK heavy.

The multiple VLS thing comes up on the MSE forums all the time from people thinking they're hedging their bets from having a 60, 80, & 100 but what they have is effectively just an 80 but doing it in a more complicated way than needed
 
sexymuffin said:
People saving for retirement in ISA’s are losing out on the tax relief you get from investing in a pension and the growth on that extra tax relief (40% relief for some). If you you want to retain access to some money than why not do a bit of both! People must like paying tax! If you look at the difference between putting £1000 net a year into a pension to an isa the difference would be mega
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if you're self employed low earner , as some are especially women who often part time, then you can only pay into the pension as much as you earn for each year
 
Fletch said:
if you're self employed low earner , as some are especially women who often part time, then you can only pay into the pension as much as you earn for each year
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This is true but I’m not sure what you’re point is. Everyone gets tax relief at their highest rate. It’s basically a tax refund into your pension. Then you can take a tax free lump sum aged 50 I think
42 said:
That's only if you're doing it instead of a pension. If you already have a works pension & basic rate tax payer then the only saving is the tax on the 25% lumper. But you then lose loads of flexibility. So it's worth doing a bit of both.
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And the growth on the tax contributions
Select coaches said:
If you are a basic rate tax payer when you contribute and when you withdraw the difference is not that great. You basically get tax relief on the 25% lump sum, therefore 20% of 25% so 5%. As you say a mixture of both to suit your circumstances is best.
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Again you are forgetting about the growth gained on the tax contributions, compounded its massive
 
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42 said:
That's only if you're doing it instead of a pension. If you already have a works pension & basic rate tax payer then the only saving is the tax on the 25% lumper. But you then lose loads of flexibility. So it's worth doing a bit of both.
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Indeed - I pay into two pensions as well as a S&S ISA. The advantage of a the ISA is that you can access the money in case of an emergency.
 
Darlo1973 said:
Indeed - I pay into two pensions as well as a S&S ISA. The advantage of a the ISA is that you can access the money in case of an emergency.
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Lots of disadvantages too such as being able to access it on a whim and leaving yourself without a retirement pot. A big advantage for pensions is you can’t touch so it forces you to keep it for your retirement. A pension is also in a trust so it doesn’t form part of your estate on death which is good for inheritance tax reasons etc.
 

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