Trading the stockmarket (NO Referrals)

SideWinder · 7 Aug 2017 at 20:28

silversurfer said:
Wow you have a lot of posts, rare avatar

Its not dead but the subject is a bit indepth in a forum, timescale for watching a stock might be about 6 years. Read various newspaper articles everyday and you have more info then you can ever actually process imo :
https://www.ft.com/content/f762413e...egmentId=d8d3e364-5197-20eb-17cf-2437841d178a

I like this one, quite readable in 5 mins

LeMson - look at Halifax or x-o who do not charge every quarter.

Around 80k are from an auction years ago!

Ah can't subscribe to that - requires cash. Will google a bit though.....can you recommend a user friendly website where i can buy and sell? Must be loads out there...

SideWinder · 7 Aug 2017 at 20:44

https://www.moneywise.co.uk/investi...de-to-the-best-investment-platforms-beginners

This looks interesting...

inferno · 9 Aug 2017 at 18:59

Does anyone have any websites for comparing companies Return On Capital Employed?

My buy and hold portfolio is up 20% year to date which I am happy with!

I am also waitng for Vietnam Opportunity Fund to drop, the charges are high but its seems a good way to get into Vietnam and having visited the place many times for work I am so impressed with the country. We transport so much cargo from there and the people seem to be very hard working organised and friendly!

Mark M · 17 Aug 2017 at 12:51

Im still researching into the Vanguard Lifestyle funds and was wondering if there is anyway to get a breakdown of how the funds are invested? Ive seen reports for other funds where it shows a list of companies that the funds have invested in or does it not work like that in this case because things are being continuously bought and sold within the fund?

Ive found this on the HL website which gives me sectors and regions just not the individual companies?

Azza · 17 Aug 2017 at 13:15

Mark M said:
Im still researching into the Vanguard Lifestyle funds and was wondering if there is anyway to get a breakdown of how the funds are invested? Ive seen reports for other funds where it shows a list of companies that the funds have invested in or does it not work like that in this case because things are being continuously bought and sold within the fund?

Ive found this on the HL website which gives me sectors and regions just not the individual companies?

https://www.vanguardinvestor.co.uk/what-we-offer/life-strategy-products

Portfolio page on each fund shows you the underlying funds that make up the LifeStrategy fund - https://www.vanguardinvestor.co.uk/...y-fund-accumulation-shares/portfolio-data-tab

They're all index trackers though so they invest in every company in that index, the names are pretty self expanatory but all their funds are listed here - https://www.vanguardinvestor.co.uk/what-we-offer/index-active-products

The_Abyss · 17 Aug 2017 at 23:00

Marvt74 said:
Not sure if it'll pan out at all but i've stuck a bit of cash in the Money Dashboard crowdfunding. I've been using them for a few months and it's fantastic.

Hopefully they get bought out in the future.

I invested in them too. I don't normally invest in start-ups but the last experience in Brewdog was good, and I've now realised some of that gain now that they've partially sold out. I'm hopeful that the market for the data acquired by Money Dashboard will attract significant value. And yes, it is a great little tool.

silversurfer · 18 Aug 2017 at 19:30

SideWinder said:
Ah can't subscribe to that - requires cash. Will google a bit though.....can you recommend a user friendly website where i can buy and sell? Must be loads out there...

You can read these kind of articles so long as its referenced by google. Apparently Ive been grandfathered into some limited free FT reading and now its pay only.

However you can just google the link I posted and read the cache version. Thank google for refusing to list search results on sites that dont allow this, I think they have some policy like that if I remember right.

I dont watch these movies normally I dislike their overall conclusion or its just second hand retelling but anyhow this seems a decent explanation, good background. The other thing to add in would be leverage, banks built their foundations on top of this jenga analogy

https://youtu.be/xbiDrzTd8fE?t=1m7s

Its old news I wouldnt post it now but I believe the effect by rhyme or reason continues now. I read the details explained in that video in early 2008, a copy of the Economist magazine had a very good article on it.
I figured it was very feasible, put it back on the desk and carried on not really expecting much. The presumption is of course, if I know then the 'experts' know and its covered.
Apparently not or they have no solution, I think that is also true now. Most obviously government bonds are far too over valued and so on. It effects everybody then if it should fail, unravel or even just get a little messy like Greece etc.

Apart from that there is a small possible top in market, >-5% or so from ATH apparently.
Sterling topped out at a ceiling in line with its falls over the last few years, which then counters the nominal loss to some extent I guess

PMO and HUR reasonable buys. SXX topped out roughly but not especially weaker

We transport so much cargo from there and the people seem to be very hard working organised and friendly!

Vietnam undercuts China on labour costs now apparently. Their currency is no good though ?
China has a falling working population, this creates natural inflation depending on how few unused workers are left in the countryside maybe

Irish_Tom · 30 Aug 2017 at 21:47

Can someone give me a sense check please?

In March I opened a S&S ISA with Cavendish Online and started paying into a Vanguard LifeStrategy fund.

Cavendish use Fidelity as their underlying platform so as I understand it, I'm paying the following fees:

Vanguard management fee: 0.22%
Fidelity platform fee: 0.2%
Cavendish fee: 0.05%

So 0.25% for Fidelity and Cavendish and 0.22% for Vanguard — 0.47% total.

In May Vanguard launched their own S&S ISA with a 0.15% account fee, so 0.37% total.

You can only open one S&S ISA in any financial year but because I opened the Cavendish ISA in March, it fell into FY16/17 and we're now in FY17/18. So, I could open a Vanguard ISA now and transfer my Cavendish ISA into it without any issues.

Is that correct?

I know the Cavendish ISA gives me access to a broader range of funds, the Vanguard ISA only lets you buy Vanguard funds. The Vanguard ISA is 'flexible' while the Cavendish ISA is not. Are there any other benefit to the Cavendish ISA for the extra 0.1% fee?

Is it really worth the fuss of switching for such a small difference?

Jokester · 30 Aug 2017 at 22:06

I think the rules changed recently due to the introduction of the LISA or possibly before. You can now open any number of ISAs in any one year, as long as your total investment doesn't exceed more than £20k is my understanding.

Transferring in might be a different kettle of fish as it will depend on the specific fund I believe, but there would be nothing stopping you removing the funds from one and moving it in as a new investment as long as your still under the £20k limit?

Mark M · 31 Aug 2017 at 11:37

Is there anything similar to Vanguard but that can be invested in through a company pension scheme? I've been reading up on a few things but if you look at options like NEST and the Peoples Pension etc the returns quoted seem to be shocking!

Irish_Tom · 31 Aug 2017 at 13:10

Jokester said:
I think the rules changed recently due to the introduction of the LISA or possibly before. You can now open any number of ISAs in any one year, as long as your total investment doesn't exceed more than £20k is my understanding.

Transferring in might be a different kettle of fish as it will depend on the specific fund I believe, but there would be nothing stopping you removing the funds from one and moving it in as a new investment as long as you're still under the £20k limit?

Ah, maybe I've got it wrong then. I thought you could only open one cash, one S&S, one LISA and one IFISA in any single financial year, but then spread the £20k between them in any way you wanted.

I thought that because I've already paid into my Cavendish S&S ISA in this FY, I'd have to transfer it completely over to Vanguard (so I'm only 'subscribed' to one ISA in one FY), but because I opened the Cavendish ISA in the previous FY, I wouldn't fall foul of opening two within the same FY.

This is why I was getting so confused and needed a sense check.

Mark M said:
Is there anything similar to Vanguard but that can be invested in through a company pension scheme? I've been reading up on a few things but if you look at options like NEST and the Peoples Pension etc the returns quoted seem to be shocking!

I can't speak for The People's Pension but NEST manage their own funds. You can choose from varying degrees of risk/reward based on their five fund profiles but you can't specify 'Vanguard LifeStrategy 100' for instance.

You could set up a SIPP and see if your employer would pay your pension contribution into that instead of the company pension scheme (NEST/PP).

Jokester · 31 Aug 2017 at 17:44

I could easy be wrong, hopefully someone can confirm one way or another.

The_Abyss · 31 Aug 2017 at 23:00

Mark M said:
Is there anything similar to Vanguard but that can be invested in through a company pension scheme? I've been reading up on a few things but if you look at options like NEST and the Peoples Pension etc the returns quoted seem to be shocking!

Irish_Tom said:
You could set up a SIPP and see if your employer would pay your pension contribution into that instead of the company pension scheme (NEST/PP).

Very, very few employers will pay into different individual pension schemes, as the payroll and HMRC complications would be enormous. I get around it by just doing a partial transfer out of my employer scheme every 6 - 12 months and sending the funds to my own SIPP where I can invest it as I choose.

The_Abyss · 31 Aug 2017 at 23:08

Jokester said:
I think the rules changed recently due to the introduction of the LISA or possibly before. You can now open any number of ISAs in any one year, as long as your total investment doesn't exceed more than £20k is my understanding.

Transferring in might be a different kettle of fish as it will depend on the specific fund I believe, but there would be nothing stopping you removing the funds from one and moving it in as a new investment as long as your still under the £20k limit?

I haven't done ISAs for a while, but I don't believe that is the case. You can have as many as you want but you can only pay into one of each type each tax year - those types are Cash, Stocks & Shares and Innovative Finance - provided you don't exceed your annual allowance. Lifetime, Help to Buy and Junior ISAs all have separate limits.

silversurfer · 31 Aug 2017 at 23:39

Just found this old price chart, only 9 months
This 'growth' was from deep learning apparently ? impressive stuff, over 160 now. I have FCX breaking a downtrend, havent looked why so I guess but it could rise similarly as commodity shares do

Jokester · 1 Sep 2017 at 09:09

The_Abyss said:
I haven't done ISAs for a while, but I don't believe that is the case. You can have as many as you want but you can only pay into one of each type each tax year - those types are Cash, Stocks & Shares and Innovative Finance - provided you don't exceed your annual allowance. Lifetime, Help to Buy and Junior ISAs all have separate limits.

I know for sure that the LISA limit is part of your £20k a year limit.

Irish_Tom · 1 Sep 2017 at 09:12

Jokester said:
I know for sure that the LISA limit is part of your £20k a year limit.

It's a limit within a limit isn't it?

LISA limit is £4k but if you maxed that out you would then only have £16k for other ISAs, rather than having £24k.

Jokester · 1 Sep 2017 at 09:16

Irish_Tom said:
It's a limit within a limit isn't it?

LISA limit is £4k but if you maxed that out you would then only have £16k for other ISAs, rather than having £24k.

Yes you can invest up to £4K in a LISA, but if you do the rest of your allowance is reduced to £16k from £20k.

Mark M · 1 Sep 2017 at 10:07

Irish_Tom said:
I can't speak for The People's Pension but NEST manage their own funds. You can choose from varying degrees of risk/reward based on their five fund profiles but you can't specify 'Vanguard LifeStrategy 100' for instance.

You could set up a SIPP and see if your employer would pay your pension contribution into that instead of the company pension scheme (NEST/PP).

Its actually my own company so I have plenty of flexibility in that regard. I'll start reading up on SIPP's thanks.

peterwalkley · 1 Sep 2017 at 10:14

Mark M said:
Its actually my own company so I have plenty of flexibility in that regard. I'll start reading up on SIPP's thanks.

You should check the rules around directors' pensions. I remember they were tightened up a while ago due to abuse by some city types pushing trading profits into pensions to reduce tax bills. Pretty sure that's why the lifetime tax free limit of a million was introduced. Even before that directors pensions had different rules but it so long ago that I needed to know I've forgotten the details.