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Stocks n Shares ISA

Ned Land said:
There’s a bloke at work who is convincing people in his team to buy gold.

I wouldn’t give any financial tips to colleagues.
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Two of my mates are into it large.

One is a jeweller so knows how it all works.

He has a decent chunk of silver too which does f*** all compared to gold - despite it being a more commercially useful commodity.

All that glitters...
The Great Soprendo said:
Long term, tech stocks have always been a winner. Dot com bubble burst, they bounced back, 2009 bounced back, Covid, bounced back. Bit of a correction last year with Trump's tariffs, bounced back and then some. We keep hearing the same thing about corrections, they happen from time to time, and then tech stocks go on to reach ever higher records.

I have a chunk of my pension specifically in a Tech fund and it's grown approx 25% a year on average over the last 10 years.
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I have a tech fund in my ISA portfolio and it's grown even more than that.

I diluted my holding earlier this year - principally to reduce risk - but that now looks like it may not have been the best decision 🤣

Heyho
im not roland rat said:
I’ve actually just looked this up and apparently it can take up to 3 days … here’s hoping Vanguard have been slow on the uptake 🤣🤣
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You may get away with it.

ISA investing is not day trading though and I usually watch it drop, quickly try to put money in, but then the brokers outside having a tab or off sick so I don't see the benefit.

It's a long term investment anyway
 
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Dick Fitzwell said:
Exactly what I was away to post you’re much better off investing smaller amounts on a monthly basis rather than one big dump, it’s all about cost averaging over years.

Our mate Jeffers just likes to know numbers, I save £1666 in AJ Bell, $1500 in my offshore portfolio, £400 in to the little ones Vanguard 100 junior ISA, £500 in to BTC and £500 in to my T212 account on a monthly basis.
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However some might say that ‘time in the market beats timing the market’

That’s the dilemma
 
Derby Mackem said:
However some might say that ‘time in the market beats timing the market’

That’s the dilemma
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Statistically youre better off putting a big lumper in early as possible apparently, but theres always the psychological hurdle to get over when markets are in a bull run that it could crash soon after.

Most can't afford to put big lumpers in anyway, so regular monthly deposits are a decent hedge bet to cost average.
 
cosmicchris00 said:
I have a tech fund in my ISA portfolio and it's grown even more than that.

I diluted my holding earlier this year - principally to reduce risk - but that now looks like it may not have been the best decision 🤣
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May not seem to be the best decision today, but next week, or in 3 months/years etc it may seem to be the right decision. The only time you know if it had been the right decision is at the time you actually need to sell it.
 
cosmicchris00 said:
Two of my mates are into it large.

One is a jeweller so knows how it all works.

He has a decent chunk of silver too which does f*** all compared to gold - despite it being a more commercially useful commodity.

All that glitters...

…
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Some blokes in the local club on Thursday night were discussing gold. A part of me is fuming because I sold a few sovereigns during covid. Another part is wondering whether it’s going to end badly for small time buyers unless they keep jewellery or sovereigns forever.
 
Ned Land said:
Some blokes in the local club on Thursday night were discussing gold. A part of me is fuming because I sold a few sovereigns during covid. Another part is wondering whether it’s going to end badly for small time buyers unless they keep jewellery or sovereigns forever.
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Yeah, I bought some gold ETFs at the beginning of lockdown, made 15% and then sold most of them. I'd have made a lot more if I'd hung on.
I was debating buying gold sovereigns and the small 5g gold bars a few years ago, just because like Gollum I love looking at gold. Didn't do it though, but would have doubled my investment by now.
 
Barista said:
Yeah, I bought some gold ETFs at the beginning of lockdown, made 15% and then sold most of them. I'd have made a lot more if I'd hung on.
I was debating buying gold sovereigns and the small 5g gold bars a few years ago, just because like Gollum I love looking at gold. Didn't do it though, but would have doubled my investment by now.
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From what I understand some people have e.g. 5-10% of their portfolio always invested in gold. But at some point you have to buy it and even if you held it until death, it isn’t generating wealth unless you or your heirs sell at a profit.
 
Thinking of switching my spare 7k from t212s cash isa to their s&s account, anyone know what fees im likely to get hit with?

Seem to remember last year when putting a few hundred in each month that it was usually around 6 quid. Not sure if its a percentage or just a fixed fee.per deposit.
 
FishburnMackem said:
Thinking of switching my spare 7k from t212s cash isa to their s&s account, anyone know what fees im likely to get hit with?

Seem to remember last year when putting a few hundred in each month that it was usually around 6 quid. Not sure if its a percentage or just a fixed fee.per deposit.
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Fees are pretty much nil in Trading 212.

0.15% foreign exchange fee is about it.
 
The Great Soprendo said:
Long term, tech stocks have always been a winner. Dot com bubble burst, they bounced back, 2009 bounced back, Covid, bounced back. Bit of a correction last year with Trump's tariffs, bounced back and then some. We keep hearing the same thing about corrections, they happen from time to time, and then tech stocks go on to reach ever higher records.

I have a chunk of my pension specifically in a Tech fund and it's grown approx 25% a year on average over the last 10 years.
Click to expand...
Whats the name of this tech fund?
 
FishburnMackem said:
Thinking of switching my spare 7k from t212s cash isa to their s&s account, anyone know what fees im likely to get hit with?

Seem to remember last year when putting a few hundred in each month that it was usually around 6 quid. Not sure if its a percentage or just a fixed fee.per deposit.
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Nothing to move between cash isa and s&s

Only have fees if you deposit via debit card and even then only after a certain amount
 
Derby Mackem said:
However some might say that ‘time in the market beats timing the market’

That’s the dilemma
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It's only a dilemma if you have a big lumper to invest on day one. Most people will be saving a portion of each month's pay packet into their chosen investment.
Barista said:
Yeah, I bought some gold ETFs at the beginning of lockdown, made 15% and then sold most of them. I'd have made a lot more if I'd hung on.
I was debating buying gold sovereigns and the small 5g gold bars a few years ago, just because like Gollum I love looking at gold. Didn't do it though, but would have doubled my investment by now.
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I'd go with Krugerrands and then tell everyone "Ah hev diplometic immuuunity!" like that gadgy in Lethal Weapon 2.
Shambo said:
Not sure if stock market down means gold goes up or does it go down at the same time?
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Usually performs well when there is a bear market in shares (ie inverse correlation), but no reliable relationship when shares are growing in value.
 
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Derby Mackem said:
However some might say that ‘time in the market beats timing the market’

That’s the dilemma
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An investor who invests a lump sum in one go is necessarily trying to time the market, whether they mean to or not.

A percentage fall need a bigger percentage rise just to break even. E.g. 25% fall needs a 33% rise. 33% fall need 50%. 40%:66% etc.

Unless someone can stomach that arithmetic, they might be better off trying to reduce their risk of capital loss by setting up a regular investment from their lump sum. That strategy may cost a bit of growth. But it may also reduce, though not eliminate, the risk of catastrophic capital loss.
 
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