What to do with £75k?

D.P. said:
You can buy the vanguard global all cap ETF from Yrading212
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I know, I just feel more comfortable with the platform being a big name I'm familiar with. I use Fidelity for my ISA, SIPP and GIA and probably shouldn't be as the platform fee is relatively high. But at this point my SIPP has unqualified right to take at 55, I'm managing bare trusts for younger family members and their relationship manager makes it all easy to administrate so I'm kind of locked in.
 
Dreadi said:
We haven't been aboard for 13 years now (our honeymoon was the last time) and always go down Devon/Cornwall for holidays as a family of 5 now. Decided to take a look for a half term next year out of curiosity...4 nights (!) in turkey all inclusive was 6.5k!
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Not looking hard enough, £700 each for 14 nights half board in north Cyprus (Turkey)
 
413x said:
My partners mum was diagnosed with stage 4 cancer after being told it was a bad back. By time she was diagnosed it was too late to do anything and her mind was already starting to go due to mets on the brain.

It was a real eye opener and has changed my whole approach to life.
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Yeah - that's rough - makes you reconsider things for sure.

Eye opening stuff for me and my wife this year as well.

She lost her mum 4 months ago to a sudden major organ failure, died 2 weeks after being told there was nothing she could do.... Then I lost my mum just 2 weeks ago after a 5 year battle with Alzheimer's....

Both mum's gone within 4 months.

Spoke about it the other night between us both - we need to live a bit more - travel more etc.... Life's too short.
 
booyaka said:
Yeah - that's rough - makes you reconsider things for sure.

Eye opening stuff for me and my wife this year as well.

She lost her mum 4 months ago to a sudden major organ failure, died 2 weeks after being told there was nothing she could do.... Then I lost my mum just 2 weeks ago after a 5 year battle with Alzheimer's....

Both mum's gone within 4 months.

Spoke about it the other night between us both - we need to live a bit more - travel more etc.... Life's too short.
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Yeah that's why I'm not following any of that FIRE (retire early) stuff. No way I'm scrimping and saving for years and years to retire a few years early, then scrimp and save because I've retired early.

I value experiences now. I've actually started regretting my "objects" purchases. And the house feels like it's full of junk. So I only buy functional stuff now.

Everything in moderation. Sure plan for tomorrow. But live for today. You never know.
 
It happens more than you think. My partner died at 54, so all plans out the window.
Live life, because you never know when it's all going to come to a screeching end.
 
EvilRob said:
I know, I just feel more comfortable with the platform being a big name I'm familiar with. I use Fidelity for my ISA, SIPP and GIA and probably shouldn't be as the platform fee is relatively high. But at this point my SIPP has unqualified right to take at 55, I'm managing bare trusts for younger family members and their relationship manager makes it all easy to administrate so I'm kind of locked in.
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The thing is, the platform is just a broker. If you buy vanguard or whatever ETFs from a broker like T212 or Interactive Brokers, and they end up bankrupt, you still own the ETFs.

And being a bigger name doesn't necessarily help,e.g Enron. And if a big player goes down it is harder to pick up the pieces. If a smaller company goes bankrupt then the government will likely force an acquisition from a bigger company.
 
Uther said:
It happens more than you think. My partner died at 54, so all plans out the window.
Live life, because you never know when it's all going to come to a screeching end.
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My wife has terminal cancer..Sure i wish we could have travelled the world and spent every penny living life to the max, but I am also very glad that we have savings.

You have to find the balance between enjoying life and taking sufficient precautions in case of bad times.
 
D.P. said:
The thing is, the platform is just a broker. If you buy vanguard or whatever ETFs from a broker like T212 or Interactive Brokers, and they end up bankrupt, you still own the ETFs.

And being a bigger name doesn't necessarily help,e.g Enron. And if a big player goes down it is harder to pick up the pieces. If a smaller company goes bankrupt then the government will likely force an acquisition from a bigger company.
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Yeah get that, but personally I'd rather have a more mature platform from a well known name. I checked out T212 and they don't even offer a SIPP much less advanced accounts like bare trusts. It looks like if you just want to dabble or trade a bit they are probably fine, but they aren't really set up yet for managing a more sophisticated set up as your needs grow.
 
EvilRob said:
Yeah get that, but personally I'd rather have a more mature platform from a well known name. I checked out T212 and they don't even offer a SIPP much less advanced accounts like bare trusts. It looks like if you just want to dabble or trade a bit they are probably fine, but they aren't really set up yet for managing a more sophisticated set up as your needs grow.
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I second this... I use T212 for a mess about stocks and shares ISA but my majority of my ISA is with Vangaurd. You just have to look at the difference in asset under management.

It's like buying a new TV, I rather spend that little bit more with a company like john lewis knowning that they are "likely" to be still around for the 3 year warranty than to get that little bit of a discount buying of a local retalier.
 
Vanguard fees are high now. Their fee cap is £375 and they have a minimum fee of £4 a month making them a bad choice for low value users and high value users. Even compared to HL. HL caps fees on ETFs at £45 a year, so if you want a big name go with them instead and stick to ETFs.
 
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So looked at Vanguard and they have a managed ISA - i would be happy with that. But reading the above, the fees are high, so maybe HL?

Do they offer a managed ISA?
 
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200sols said:
Vanguard fees are high now. Their fee cap is £375 and they have a minimum fee of £4 a month making them a bad choice for low value users and high value users. Even compared to HL. HL caps fees on ETFs at £45 a year, so if you want a big name go with them instead and stick to ETFs.
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It looks like the HL £45 cap is for their ISA. They also have a £200 cap on ETF fees for their SIPP. It's 0.45% up to that cap. Vanguard is 0.15% across all accounts up to their £375 cap.
It'll depend what accounts you have, but it looks like there isn't really much difference and Vanguard could well be cheaper for small to medium portfolios, and at larger portfolios the £130 difference is a drop in the ocean.
 
ivrytwr3 said:
So looked at Vanguard and they have a managed ISA - i would be happy with that. But reading the above, the fees are high, so maybe HL?

Do they offer a managed ISA?
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You don't need a managed ISA. You can just buy an ETF like the vanguard FTSE all world (you can buy vanguard funds regardless of platform) yourself. HL sounds like a good option for a low cost ISA.
 
ivrytwr3 said:
So looked at Vanguard and they have a managed ISA - i would be happy with that. But reading the above, the fees are high, so maybe HL?

Do they offer a managed ISA?
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HL are expensive.

E: if you invest in funds not ETF's
 
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EvilRob said:
It looks like the HL £45 cap is for their ISA. They also have a £200 cap on ETF fees for their SIPP. It's 0.45% up to that cap. Vanguard is 0.15% across all accounts up to their £375 cap.
It'll depend what accounts you have, but it looks like there isn't really much difference and Vanguard could well be cheaper for small to medium portfolios, and at larger portfolios the £130 difference is a drop in the ocean.
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Vanguard has a minimum fee as I said, as they were talking ISAs vanguard is a lot more expensive, there is no contest.
 
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