Investment Fund 2023

nam · 3 Jan 2023 at 14:10

Hi All
Happy New year. looking to start 2023 with a postive mindset. I would like to start setting up a new family fund with £500-1000 a month for long term growth 7-10 years, currently with H&L for S&S ISA and SIPP.

Has anyone setup something similar recently

nam · 3 Jan 2023 at 14:58

Uther said:
Unless you need a particular fund I'd transfer it to somewhere with cheaper costs. I started with HL but now have everything in Vanguard.

what's the current costs on vanguard. Is there costing per particular fund ?

nam · 3 Jan 2023 at 16:50

thank you, just setup a 2023 S&S isa with 500 a month for lifestrategy 80% equity fund.

nam · 3 Jan 2023 at 16:59

Irish_Tom said:
Agreed about Vanguard.

Personally, I wouldn't use the Lifestrategy funds but YMMV.

this is for a longer term growth fund, not looking to make changes on a regular basis

nam · 3 Jan 2023 at 21:45

Irish_Tom said:
Yeah, it’s about 73% North American stocks but with a bit of diversification, so it’s not quite as all-in as a S&P500 tracker would be (for example). I’m comfortable with that.

Great help, Thank you will add this to my monthly fund