Trading the stockmarket (NO Referrals)

dlockers said:
Best to max out the contributions and then sell as soon as you can, to invest in a fund elsewhere. Obviously depends a lot on the company, but any run of the mill firm, probably not worth eggs-in-one-basket.
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I've not maxed out contributions, I've spread the contributions for the share scheme across each year of the three year cycle.

In regards of the PAYE scheme, I've maxed out the matching shares returns...

The company that I work for will be exist long after I die, "Too big to fail" springs to mind... lol
I just don't want to be hold 1000s of shares and be in situ where I have to pay management costs, if I don't sell them and it be a bad time to sell them.

Also asset allocation, captial gains taxes et al...
 
it depends on the company tbh, i started a company share save scheme and in 4 years the shareprice vs option price has increased about 170% i keep mine for the dividend returns now and put those into other funds plus they just announced an increased dividend payout so......unfortunately i'm no longer with that company so can't get preferential prices :(
 
Not sure this is the right place but I'm looking to put some money away for my kids long term and was considering a Junior Stocks and Shares ISA, they already have regular savings accounts and I was looking as this as an additional option that could generate them reasonable returns (I do understand there is a risk of it going the other way) neither will turn 18 for another ten years. I was looking to seed something this year with ~£1000 and then add more if funds allow over time, I don't want anything where I am going to have to spend significant time managing funds etc more a fire and forget type solution anyone got any recomendations/pointers?
 
a1ex2001 said:
Not sure this is the right place but I'm looking to put some money away for my kids long term and was considering a Junior Stocks and Shares ISA, they already have regular savings accounts and I was looking as this as an additional option that could generate them reasonable returns (I do understand there is a risk of it going the other way) neither will turn 18 for another ten years. I was looking to seed something this year with ~£1000 and then add more if funds allow over time, I don't want anything where I am going to have to spend significant time managing funds etc more a fire and forget type solution anyone got any recomendations/pointers?
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Great thing to do.
Others will be more saavy but I'd just put it all in on some ftse all world fund.
I'll let others suggest specifics
 
a1ex2001 said:
Not sure this is the right place but I'm looking to put some money away for my kids long term and was considering a Junior Stocks and Shares ISA, they already have regular savings accounts and I was looking as this as an additional option that could generate them reasonable returns (I do understand there is a risk of it going the other way) neither will turn 18 for another ten years. I was looking to seed something this year with ~£1000 and then add more if funds allow over time, I don't want anything where I am going to have to spend significant time managing funds etc more a fire and forget type solution anyone got any recomendations/pointers?
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I use Vanguard for my daughter's fund, a regular monthly standing order in and they do the rest.
 
slinxy said:
people with company share plans..... do you hold for the long term or do you sell off at the first opportunistic position?

I guess it depends on the faith you have the company that you work for... but I tend to opt in every year for the share scheme and buy monthly with PAYE scheme. I don't plan to be with the company for decades and the fees are waivered at the moment but as soon as I leave there will be management fees.

I'm thinking of selling them as soon as the market gives a flavourable return and when they are income tax and NI free... this will help with the capital gains tax as well.
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I sell when I need the money. In the past it was to buy a house. Recently it has been for moving money to global funds. I’ll be doing that again soon and also try to clear some of the mortgage.
 
Uther said:
You could even consider starting pensions for them, would give them a huge head start.
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When I look back.. The main thing for me would be to have a deposit/part of a deposit after uni.

To never rent would mean I could do I job I loved, save years of renting and be mortgage free a decade at least earlier.

Genuinely life changing stuff.

If I had kids I'd certainly be starting an isa at a young age ready for that.
 
a1ex2001 said:
Not sure this is the right place but I'm looking to put some money away for my kids long term and was considering a Junior Stocks and Shares ISA, they already have regular savings accounts and I was looking as this as an additional option that could generate them reasonable returns (I do understand there is a risk of it going the other way) neither will turn 18 for another ten years. I was looking to seed something this year with ~£1000 and then add more if funds allow over time, I don't want anything where I am going to have to spend significant time managing funds etc more a fire and forget type solution anyone got any recomendations/pointers?
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I do this for mine. Into a global fund such as VWRP or the many others there are out there. Make sure it is accumulating type so the dividends will reinvest automatically and you can pretty much fire and forget.
 
Thanks all, glad it isn’t a bonkers idea! Will have a look at Vanguard as they seem to get a lot of recommendations in this space I’ve also noticed that hargreaves and lansdown don’t charge fees for junior ISA’s
 
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Its an excellent idea. Unless you are using the savings accounts for something probably better to move it all over to a basic tracker with a decade+ timeline. The only issue is kids blowing the ISA on something stupid like a car when they access it.
 
200sols said:
Its an excellent idea. Unless you are using the savings accounts for something probably better to move it all over to a basic tracker with a decade+ timeline. The only issue is kids blowing the ISA on something stupid like a car when they access it.
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That is my fear and why I intend to do a mixture of things with the money we are putting aside. I’d like to think they won’t blow the lot on something silly and I will have helped them grow up to make sensible decisions but you never can tell! I inherited a decent chunk of money in my late teens and much to my parents amazement still had it a few years later when putting down a deposit on my first house, I always say I was lucky to have the money but I was also unlucky not to have longer with my grand parents.
 
a1ex2001 said:
That is my fear and why I intend to do a mixture of things with the money we are putting aside. I’d like to think they won’t blow the lot on something silly and I will have helped them grow up to make sensible decisions but you never can tell! I inherited a decent chunk of money in my late teens and much to my parents amazement still had it a few years later when putting down a deposit on my first house, I always say I was lucky to have the money but I was also unlucky not to have longer with my grand parents.
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My son got a small inheritance when he was a teenager, and invested it. His two cousins got exactly the same amount and both blew it immediately on cars, which are now long gone. :rolleyes:
 
This last month has been good.

Aviva (huge part of my S&S isa)
Coinbase
Nvidia
Bank of Georgia
Super micro computers
D-wave

Have all been good.

Most of my old UK legacy shares are flat. Or small losses. And I've been selling these off to put into a vanguard fund (which is ticking along nicely).

I still hold a few (bought in too early) rate repressed stocks
Like persimmon, upstart.

And all old "risks" have not really paid off. I've learnt to not bother with AIM mostly. These have all been small "punts" but over 4, 5 of these the losses have added up.

But yeah. Last 12 months have been good learning.
-most UK stocks are garbage.
-focus more on funds and just forget about it
-avoid AIM
 
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413x said:
......

Most of my old UK legacy shares are flat. Or small losses. And I've been selling these off to put into a vanguard fund (which is ticking along nicely).

I still hold a few (bought in too early) rate repressed stocks
Like persimmon, upstart.

And all old "risks" have not really paid off. I've learnt to not bother with AIM mostly. These have all been small "punts" but over 4, 5 of these the losses have added up.

But yeah. Last 12 months have been good learning.
-most UK stocks are garbage.
-focus more on funds and just forget about it
-avoid AIM
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I think I need to consider if the dividends from the likes of AV. LGEN, BP etc.. are equal to or worse than or better than investing in a growth stock (plus the costs of selling and buying with HL :( ). This is money I don't need to mature for another 10-15 years.

That being said Aviva is up 15% and BP some 62% but one is below inflation over the past few years, and the other is still someway below its ATH.


rhobbyh said:
is anyone on the waitlist for the t212 debit card?

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Yes, I'm interested in testing it as a long term travel card. If it works out you're getting 5.2% on your deposits i.e. travel money sitting there, plus 0.5% cashback.

You loose 0.15% on conversion, but that is dwarfed by the cashback and interest, and doesn't require moving money around as much as Chase does.
 
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englishpremier said:
Yes, I'm interested in testing it as a long term travel card. If it works out you're getting 5.2% on your deposits i.e. travel money sitting there, plus 0.5% cashback.

You loose 0.15% on conversion, but that is dwarfed by the cashback and interest, and doesn't require moving money around as much as Chase does.
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I just use halifax, zero exchange fee for purchases and if you are quick enough to pay it zero exchange fee for cash withdraws.
 
englishpremier said:
I think I need to consider if the dividends from the likes of AV. LGEN, BP etc.. are equal to or worse than or better than investing in a growth stock (plus the costs of selling and buying with HL :( ). This is money I don't need to mature for another 10-15 years.

That being said Aviva is up 15% and BP some 62% but one is below inflation over the past few years, and the other is still someway below its ATH.




Yes, I'm interested in testing it as a long term travel card. If it works out you're getting 5.2% on your deposits i.e. travel money sitting there, plus 0.5% cashback.

You loose 0.15% on conversion, but that is dwarfed by the cashback and interest, and doesn't require moving money around as much as Chase does.
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I bought aviva really cheap so it's done OK.
Yeah if I had been more saavy I'd Ave put it in USA tech and done much better. But at least it's doubled and a half (excluding the dividend) since I bought.
 
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