why would you keep them seperate? and yes I have a Stocks and Shares ISA
and of course they have fees
Trading the stockmarket (NO Referrals)
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and of course they have fees
Agreed about drip feeding stocks, the larger the single purchase the better as it only takes a minimal swing in your favour for the one off fee to be cleared, with small investments you need a much larger gain to clear the fee and be in profit, essential if day trading.
Using an ISA based S&S account you can use up your personal allowance each year and make a few purchases, all the divs that are returned as cash in your ISA can then be reinvested back into stocks, repeat over and over
Using an ISA based S&S account you can use up your personal allowance each year and make a few purchases, all the divs that are returned as cash in your ISA can then be reinvested back into stocks, repeat over and over
Soldato
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If you are new, buy a unit trust. Its cheaper and less risk then stocks. You can buy it every month for the next two years and thats quite sensible, they wont charge you especially to do that like they would stocks. Its better tax wise also.
The trust will then buy the stocks for you, its better that way and unless you have god like abilities (also a lot of time) the reduced control is not usually anything to lament
Investment trust is kinda similar to that, its a stock in of itself. iii is one of them and its very big, in the ft100. Can usually get a prospectus delivered, like my JII one from 2001 I keep to remind me Im a dumbass
This guy is great on stats, he literally spends his whole day looking at boring stuff so you dont have to. This seems quite glaring, volatility is correlated to negative action but also just normal market churn . We've really not had a normal market as of late.
His chart just shows how extreme it is for a market to be going up this long without selling off, resetting at least some, its a red flag to take note of.
So relative to volatility, some things will be cheaper then they should be or too cheap because of this over extended trend. Gold is inert and a counter to volatility, currency weakness, one theory
PMO did well today I thought. I wonder if that could be a bottom, I'll take time to consider it more but its probably moved too far down unless their debt took a turn for the worse.
PFC figures are impressive still?
I assume you're referring to a fund? Or is that different?
How come it is better tax wise than individual stocks?
the theory is if you hold 20 plus different shares you diversify your risk to min.I don't like to risk money I don't have
And as a day trader I only tend to have 1-3 positions open at any time rather than a portfolio.
not if they're all long positions in say FTSE 100 equities...
Be a very difficult job investigating 20 different shares each day and maintaining throughout
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That's what ETFs are for.
If you're doing manually you have to have good controls in place to make sure you actually have a diversified port.
Also consider basic hedging strategies if you're worried.
Soldato
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Apple is a very tricky one I think because they make such massive margins and its based round a brand. If they ever lose their edge they will go down but if not the company is cheap is anything. Its probably a great one to trade.
I preferred when it was not in any index at 600 a share. You could hold it as a counter, now it makes it up a large part of sp500 and probably flows the same direction as everything else
Tax wise you avoid stamp duty being in a ETF (or unit, investment funds)and I think its a better deal for other more complicated reasons
Brokers - http://www.telegraph.co.uk/investin...n-charges-1195-per-share-deal-broker-charges/
HL dont charge for swapping funds, lots of places dont. Actual stocks you can at some companies pick up on a monthly scheme by paying about £2, you get a random price on the day
I preferred when it was not in any index at 600 a share. You could hold it as a counter, now it makes it up a large part of sp500 and probably flows the same direction as everything else
Tax wise you avoid stamp duty being in a ETF (or unit, investment funds)and I think its a better deal for other more complicated reasons
Brokers - http://www.telegraph.co.uk/investin...n-charges-1195-per-share-deal-broker-charges/
HL dont charge for swapping funds, lots of places dont. Actual stocks you can at some companies pick up on a monthly scheme by paying about £2, you get a random price on the day
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Thanks!
its a shame Tesla stock seems to have halted its downward slide, I think if it reached $275 I would have had to sell some other investments and buy some. although even at a current price over the next 5 years I think it is going to grow hugely. People don't see to understand what Tesla is and why it's worth such a price. Not only do they have a Giga factory and reliable supply of said batteries at the cheapest industry cost wth the highest capacity. they are leaders In autonomous vehicles gaining so much data from all the cars out there in the wild. They are also an energy company as well.
which still means at least a year before it starts producing anything and two or 3 years before its producing huge quantities, which will still only be able to supply one car manufacturer or several if they go lowish production.
I don't think it will undercut them either, telsa and Panasonic have invested hugely in the chemistry as well as the factory itself to optimise the production as well as the final batteries and that's still ignores the other points why I like tesla. however, i can't see it dropping to that level.
Soldato
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Im looking to eventually get up and running with a Vanguard Lifestyle fund so can anyone suggest somewhere to invest with? I noticed a few pages back that people were saying be cautious of HL now as Vanguard are going to sell direct in the UK?
Vanguard sell direct on their platform which is currently only their products if your fine with this then you are good
I still use HL as I have a few others but will eventually end up moving myself
as per above
Fund charge of 0.22% on Lifestyle 60% Fund
Account fee of 0.15%.
It's only their funds and at this time they have no plans to open the platform up to other providers - they are just sticking with their own funds.
Vanguard sell direct on their platform which is currently only their products if your fine with this then you are good
I still use HL as I have a few others but will eventually end up moving myself
Thank you both for the help, I will read through the Vanguard website but I have a couple of really daft questions that I wouldnt mind someone answering just so I know I have things correct rather than me just pretending like I know the answers!
- With the Vanguard Lifestratergy (say 60%) fund the past performance indicates that in the past 12 months the fund is +10.5%. In laymans terms does this mean that if I invested £10k at the start of that period it would now be worth £11,050 (minus the account charges and fees)? Or is there a more detailed calculation to it?
- Even more a silly question but is there any risk that the whole capital could be lost? Eg invest £10k and get an email to say thanks for investing with us we had a good go but those North Korean missiles we invested in just didnt quite make the distant so you've got no money left. I know investments can go down but ideally I dont want to risk ALL the capital.
- I currently have no money in a ISA so should I be setting up the investment into the fund in a stocks and shares isa?
- The vanguard website states that their ISAs are flexible which they say means you can take out money in an emergency. I cant however find any information on whether or not you are charged for withdrawing funds?