Trading the stockmarket (NO Referrals)
- Thread starter mcast123
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I use Freetrade & Trading212. Both have ISA ability & for frequent purchases will definitely be much cheaper, although might have less listings than HL.
Halifax, US trades are free, not bought UK shares in a while tbh so not sure but used to be over a fiver a transaction iirc.
And this is the main reason I moved away from H&L to Trading212...
Yeah. UK is a mess. Don't think Europe is doing too well in general.
Brexit must hurt the euro block too
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I think if I was young I'd be all in the S & P, but it's too much of a wild ride for me now.
Will check these H&L are expensive tbh. They need to lower their fees for sure.
Its what I'm gradually going too. Can't be bothered chasing individual stocks now. It's too much time checking news etc.
I'll still keep some. Especially obviously opportunities. But the work isn't worth it.
Soldato
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You should not be reading news, you should read quarterly statements and things they publish, you've already selected the company, now you simply monitor to see that nothing has fundamentally changed, revenues are not decreasing randomly etc.
Lets say 1 hour per company per year.
The trade cost is higher, however, trade as little as possible, stay away from funds as the fee is not capped.
If you buy vanguard etf's on H&L the cost will end up being lower on H&l than using the vanguard platform eventually, trading infrequently as possible.
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I buy my tracker funds on H&L - the fee %'s are so low, its not worth worrying about for me
(or clearly I'm being ripped off and I dont know 
)
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Soldato
- Joined
- 25 Nov 2007
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- London
I buy my tracker funds on H&L - the fee %'s are so low, its not worth worrying about for me
Its not ripped off, ripped off would be the old 2% and 20% fee's which results in your fund manger earning more than you when it compounds.
No overnight fees, they just take their cut on the spread. I have my S&S ISA in there and have for years.
I'm fairly confident without checking that they only make money on the spread when it comes to CFD accounts
This, I don’t think they are legally allowed to make money on the spread.
my Vuke has gone ex dividend again so Vanguard charge 0.09% but it pays 4.25% dividends on top of any capital gain so fees tiny, trades are free or live trade £7.50 iirc ,it has maybe looked very uninspiring but its shored up my funds when the usa has tanked
There were a lot of forecasts around a world wide recession kicking in during the 2nd half of this year. It seems now we are in that situation. They predict 30% of households to have solvency issues by the end of the year. I’m also seeing a lot of companies reigning in spending to extreme levels now. I wonder whether this one will be a short and sharp one or more drawn out.