• The first stage of the forum upgrades has now been completed but they remain in a degraded state and are still being worked on.
    Please read this thread for more details.
    New user registrations are currently disabled.

Stocks n Shares ISA

houghton cut head said:
That is something I wont have to worry about.

A couple of colleagues with over 30-40 years in have left recently and have reached the limit. Another lucky twat is 57, was going to retire anyway, and has just got VR - £87K, and his pension pot is £870K

it would be higher rate, thinking of paying my bonus in to it this year too for the first time, I figured it would give me a year or so worth of additional pension to pay me to live like a peasant for a year, rather that use it to pay off the credit cards for the last years holidays, since the holidays were all cancelled
Click to expand...
A couple of other things to watch; check you don’t exceed the £40,000 a year paid into your pension (you can backdate this to pick up to 3 years of previous allowance). Also if your total package including bonuses, share plans etc exceed £200,000 (£240,000 adjusted income) you will be subject to the tapered allowance. This has gone up from iirc £150,000 last year.
 

houghton cut head said:
That is something I wont have to worry about.

A couple of colleagues with over 30-40 years in have left recently and have reached the limit. Another lucky twat is 57, was going to retire anyway, and has just got VR - £87K, and his pension pot is £870K

it would be higher rate, thinking of paying my bonus in to it this year too for the first time, I figured it would give me a year or so worth of additional pension to pay me to live like a peasant for a year, rather that use it to pay off the credit cards for the last years holidays, since the holidays were all cancelled
Click to expand...

Funnily enough, I've got a form in my email today from HR asking me if I want my bonus paid in cash (and be taxed on it) or pay it into my pension.

Tricky decision.... sod it, I want the cash. The bonus was a little more than I was expecting and I need to do some work on the house.

Currently sitting on a pension fund of around £170,000 at age 48 plus another £60k in ISA/savings. Current plan is to keep my head down at work for another 4-5 years until the mortgage is paid off then consider a change of career/lifestyle. I want the chance to do something different while I'm still young enough. What with pension + ISA + house, I can't see me getting to a million but a retirement pot of £700-800k should be possible. That should be enough to downsize to a small flat and have a bit of fun.
 
The Fullwell Step said:
I put some money into the Moneybox ISA a year ago and its gone up 9.8% in that year, seems a canny one if you look at their average returns over the last 6 years.
Click to expand...
I put my money into a self invested shares ISA & it's gone up 30% in that time (i wasn't all, or actually any, on the 20th of March 2020 unfortunately), the Covid crash was a chance in a lifetime to make easy(ish) money.

There is still some "easy" growth left, especially in the FTSE
Select coaches said:
I, personally would do like recommended above and drip feed it monthly at whatever you are comfortable with. Spreads the risk a bit.
Click to expand...
But the market is rising from a unusual low, get it in asap. IMO


Anyone got any "tips" AIM type stuff? to use up the rest of this years allowance.
 
Last edited:
Vinyl Score said:
I put my money into a self invested shares ISA & it's gone up 30% in that time (i wasn't all, or actually any, on the 20th of March 2020 unfortunately), the Covid crash was a chance in a lifetime to make easy(ish) money.

There is still some "easy" growth left, especially in the FTSE

But the market is rising from a unusual low, get it in asap. IMO


Anyone got any "tips" AIM type stuff? to use up the rest of this years allowance.
Click to expand...

I put a bit in last March at ‘peak Covid’ but now the vaccine’s approved what makes you think there’s ‘easy growth’ left? The FTSE 250 is not far off the 5Y peak.
 
NorthCountryBoy said:
I put a bit in last March at ‘peak Covid’ but now the vaccine’s approved what makes you think there’s ‘easy growth’ left? The FTSE 250 is not far off the 5Y peak.
Click to expand...
True, I only just realised how high the 250 has risen, I'm sure there's still bargains to be had, but don't ask me ;-) The 100 still has quite a way to go to get back to Jan 2020 levels though, although of course we have Brexit as a downer, and industries in decline like oil, will possibly never fully recover. The trouble with the UK is that there is so much money in rental properties & the government seems to do everything it can to keep property prices high like Stamp Duty holidays (& not building social housing).
 
Vinyl Score said:
True, I only just realised how high the 250 has risen, I'm sure there's still bargains to be had, but don't ask me ;) The 100 still has quite a way to go to get back to Jan 2020 levels though, although of course we have Brexit as a downer, and industries in decline like oil, will possibly never fully recover. The trouble with the UK is that there is so much money in rental properties & the government seems to do everything it can to keep property prices high like Stamp Duty holidays (& not building social housing).
Click to expand...
The FTSE100 won’t really reflect Brexit as they’re global companies so are t reliant on UK markets. The FTSE250 is more reliant on what happens here.
 
Longy said:
The FTSE100 won’t really reflect Brexit as they’re global companies so are t reliant on UK markets. The FTSE250 is more reliant on what happens here.
Click to expand...

I agree, the 250 is a better index to reflect "UK Plc". The FTSE100 was one of the worst performing indexes in the world last year as it is dominated by banks and oil companies which aren't doing very well right now. Even Big Pharma which is usually recession-proof is going through a tough time because COVID is disrupting their pipelines as the concentrate on vaccines and visits to doctors and hospitals for other conditions has gone down.

When the global recovery starts there should be some decent potential in the FTSE 100 just as long as you don't expect quick returns. It's a lot harder for the biggest companies to double in size than for SMEs so if you want growth then look further down the index.
 
Arcm , will be purchased sun a few weeks by American minerals . Uo from 4p to 8p on last month or so, talks of 25p once concluded
 
Darlo1973 said:
... Big Pharma which is usually recession-proof is going through a tough time because COVID is disrupting their pipelines as the concentrate on vaccines and visits to doctors and hospitals for other conditions has gone down.

When the global recovery starts there should be some decent potential in the FTSE 100 just as long as you don't expect quick returns. It's a lot harder for the biggest companies to double in size than for SMEs so if you want growth then look further down the index.
Click to expand...
1. & of course the "moral" pressure to break even/lose money on the Vaccines. This really pisses me off. Our economy relies on complex businesses like Pharma for income, and we have to import 50% of our food to not die. Do countries who produce excess food but not drugs, give us their food or sell at no profit? obv no.

2. Precisely my argument for getting in to some FTSE100 shares like Pharma, now while they are still low. Slow growth (with high dividends), yes, but almost certainly low risk. Just call me Warren. ;)

Don't get me wrong, I'll happily invest in SMEs, but I don't have the (inside) knowledge of what's likely to succeed. And as a (low)consumer I usually despair at the stupidity (energy inefficiency, if you look at the big picture) of most new products. e.g. Deliveroo.


Chalks said:
Arcm , will be purchased sun a few weeks by American minerals . Uo from 4p to 8p on last month or so, talks of 25p once concluded
Click to expand...
Thanks for the previous tip, whoever gave it. That's my biggest SME success this/last year. Is UFO, alien Minerals ever going to pick up again?
 
Last edited:
Vinyl Score said:
1. & of course the "moral" pressure to break even/lose money on the Vaccines. This really pisses me off. Our economy relies on complex businesses like Pharma for income, and we have to import 50% of our food to not die. Do countries who produce excess food but not drugs, give us their food or sell at no profit? obv no.

2. Precisely my argument for getting in to some FTSE100 shares like Pharma, now while they are still low. Slow growth (with high dividends), yes, but almost certainly low risk. Just call me Warren. ;)

Don't get me wrong, I'll happily invest in SMEs, but I don't have the (inside) knowledge of what's likely to succeed. And as a (low)consumer I usually despair at the stupidity (energy inefficiency, if you look at the big picture) of most new products. e.g. Deliveroo.



Thanks for the previous tip, whoever gave it. That's my biggest SME success this/last year. Is UFO, alien Minerals ever going to pick up again?
Click to expand...
What are the various fees to buy and sell? I imagine if you only throw couple of hundred quid in most gains will be just paying for your fees?
 
Edinburgh Black Cat said:
Trading 212 is pretty much nil. Have a waiting list at the moment. You're right on the more traditional names - not as suited to low value trades
Click to expand...

I'm on the waiting list for Trading212 but have been playing around with Freetrade over the last few weeks. It's OK for a few speculative punts and I like the ability to buy fractional shares in the US but I wouldn't trust them with major investments.
 
Just had a call from my personal wealth manager Advising me about a new product which is called something like a smooth investment, apparently it takes away the extremes of peaks and troughs in your investment anyone come across this and have any views on it
 
Big Jeff said:
Just had a call from my personal wealth manager Advising me about a new product which is called something like a smooth investment, apparently it takes away the extremes of peaks and troughs in your investment anyone come across this and have any views on it
Click to expand...

At 7.30am? :eek:
 
Big Jeff said:
Just had a call from my personal wealth manager Advising me about a new product which is called something like a smooth investment, apparently it takes away the extremes of peaks and troughs in your investment anyone come across this and have any views on it
Click to expand...

Just need to remember that bank "advisors" are sales people who are trying to peddle their own products. The only financial advice I would take is from someone independent of any financial institution. I have a chat once every couple of years with an IFA who is great.
 
personal wealth manager = parasite riding off commissions/charges taken from your money.

I check in with and IFA every few years to confirm my DIY approach is still better than theirs.

One of my benchmarks is the car they drive. If it's better than mne they are charging too much.

I play golf with a St James Place franchisee. He won't talk to me about "wealth mangament" any more as I asked him to explain their charging structure.
5% of the value of my holdings to bring them under his umbrella, plus 2% per year to hold my money in one of their recommended funds (which also belong to them and charge another 1%).
No thank you.
 
Slatz63 said:
personal wealth manager = parasite riding off commissions/charges taken from your money.

I check in with and IFA every few years to confirm my DIY approach is still better than theirs.

One of my benchmarks is the car they drive. If it's better than mne they are charging too much.

I play golf with a St James Place franchisee. He won't talk to me about "wealth mangament" any more as I asked him to explain their charging structure.
5% of the value of my holdings to bring them under his umbrella, plus 2% per year to hold my money in one of their recommended funds (which also belong to them and charge another 1%).
No thank you.
Click to expand...

Exactly. If you have millions to play with then it may be worth paying for expert advice especially on being tax "efficient" but for mortal people with 5 or 6 figure investments you can handle things yourself as long as you are reasonable numerate. There are plenty of resources online for you to do your own research and cut out the middleman (or woman)

The last time my bank invited me in for a "personal financial review" all I got was an 18 year old trying to sell me house insurance.

I've been using my IFA for 12 years now and she's great. I only regret not asking her out 10 years ago but she's married with kids now. Ahem. The last chat we had was over a cup of tea and she just told me to keep doing what I was doing. No pressure to buy anything.
 
You must log in or register to reply here.
Back
Top