Darlo1973
Striker
A nice boring global tracker. The Vanguard LifeStrategy ones are popular. Stay away from individual company shares unless you know what you are doing.
Stocks n Shares ISA
- Thread starter Fletch
- Start date
A nice boring global tracker. The Vanguard LifeStrategy ones are popular. Stay away from individual company shares unless you know what you are doing.
Stuff
Darlo1973
Striker
Good place to start How To Invest In Stocks: A Beginner's Guide For Getting Started - The Motley Fool UK
Your own bank should offer an investment account or you can go to companies such as
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If you are a beginner, make sure it is an ISA to maximise tax benefits.
Decide how much you can afford to put in each month, set up a standing order then let it grow for the next 20-30 years.
I’ve no idea what I’m doing but if the Sunday Times tipster recommends something I buy. Better than me picking random names.
Darlo1973
Striker
Buying small amounts of individual shares isn't economical as you lose a lot of money immediately on the purchase fees and stamp duty and then have to pay again when you sell. Funds are usually free to buy and sell and you are spreading your risk across hundreds of businesses.
Edinburgh Black Cat
Striker
If I didn't know much about individual stocks, and didn't want to spend a lot of time thinking about it.
Then I'd go with a Hargreaves Lansdown ISA and invest in the Vanguard Developed World fund. Regular sums each month/quarter/whenever.
(I'm not a financial advisor mind, but that's what I'd do in those circumstances)
42
Striker
But if you're going to just invest in a vanguard fund, then would it not be better to just use vanguards own platform? I think you might be paying higher fees with H&L than with vanguard
Edinburgh Black Cat
Striker
Darlo1973
Striker
Yes, HL are more expensive but they offer more options and have an easier to use web site and mobile app. Vanguard are fine if you want to keep things simple.
Select coaches
Winger
Buy low sell high.
Be greedy when others are fearful etc.
offmenut
Striker
No point getting out now
Missed that boat. Mines down about 20% from October.
Since I started investing a few years ago, I've had brexit, a world wide pandemic, and now a war in Europe.
It's been a tricky time!
The problem now is its so volatile and decisions could be made that improve the stock market 10% in one day.
MackemBob
Striker
Time to keep dripping in to it.
Darlo1973
Striker
Yep three big financial shocks in 6 years and only one was self-inflicted.
I get my annual bonus paid at the end of March. If the markets are still low by then I'd be tempted to drop most of it into my S&S ISA, leaving some to have a bit of fun with. No point in adding to a cash ISA at 0.05%. That's £5 interest per ten grand,
D
Deleted member 26533
Guest
I'm down a hefty amount in the past 3 weeks. Rode the January wave really well, but my insurance companies and funds have taken a right dicking. Been a great opportunity to load up on a few of the insurers before they pay out what is now after 20-30% decline in a week, 8%+ dividends.
Being long thales and shorting BA has helped mitigate things. I'm also fully hedged against some of my bigger US holdings, so the direction up or down doesn't matter until they settle down at a more fair price. I find it's always good to keep a certain % of cash in your accounts in order to average down when a decent opportunity presents itself.
Being long thales and shorting BA has helped mitigate things. I'm also fully hedged against some of my bigger US holdings, so the direction up or down doesn't matter until they settle down at a more fair price. I find it's always good to keep a certain % of cash in your accounts in order to average down when a decent opportunity presents itself.
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Charmless Man
Striker
Depends on your time of life and plan really. All my investments are with the next 20-30 years in mind so I’m not even thinking about it.
If you’re planning on retiring in the next few years and that money is crucial to you then you might think differently.
Deleted User 11453
Striker
To make £££ you need:
Money
Time
Discipline
If the fund is doing what it’s meant to be doing then why sell at a loss?
What timeframe are you investing over?
Temp0101
Winger
True mate, just not a small amount so a bit twitchy. Looking to hold onto it for 5 years more at least.
Deleted User 11453
Striker
If you want lower risk then you need to consider more diversification/gradual sell-off to cash?
But this hasn’t really been a crash, more of a blip?
D
Deleted member 26533
Guest
I would depending on how close to retirement you are, you need to reconsider the composition of the portfolio and the risk it presents. If you're not close to retirement, don't worry and keep contributing imo. This hasn't been too bad of a dip compared to what we've seen several times over the past 22 years.
