It’s cheaper to buy vanguard funds on T212 as there is no account fee which there is on Vanguard.
Trading the stockmarket (NO Referrals)
- Thread starter mcast123
- Start date
Soldato
Cashed out my S&P 500 ETF today as I'm wanting to buy a new car. 11% up after two years. Not bad. But now need to start again once I've bought my car!
Probably not a bad time to dip out to be fair.
Soldato
H&L is cheaper if you stick to ETF's not funds, it depends how many trades you make.
Essentially, on H&L within an ISA, the fee is capped at £10,000 balance, which is exactly £45 per year.
This is equivalent to holding £30,000 on vanguard.
You then need to calculate trading costs on top of this.
If we round H&L's trading cost to £12, the cost of 1 trade is equal to holding £8000 on vanguard (for 1 year)
Therefore, assuming you buy VWRL within an ISA on H&L exactly 4 times per year, this is equivalent to £62,000 on vanguard
If you buy it monthly, then this is equivalent to £126,000 on vanguard
If you are @ H&L you can trade a ETF/Fund which are the same thing, so buy vanguard fund, then, once you reach £10k in that fund, you sell it, and purchase the equivalent ETF.
The cost to hold that 10k for another year, will be £45 exactly, and the trade is £11.95, so you'll save £33 on that trade for the 1 year period.
You then purchase the fund monthly or whatever, and once again u reach £10k, or close ish, you repeat the process.
This allows you to do 1 trade per year, while not doing 1 trade, bringing it down to £38,000 per year equivalent. (well assuming you save 10k per year).
@platinum87 - I don't disagree with anything there - fee's are important to research and understand, but in reality have one less posh coffee from starbucks a month and your probably saving the same amount of money..... 
Soldato
@platinum87 - I don't disagree with anything there - fee's are important to research and understand, but in reality have one less posh coffee from starbucks a month and your probably saving the same amount of money.....
I sort of like to figure out those details for the sake of it.
Soldato
It be interesting to see how the price spread affects the costs, from my experince with T212; the price at purchase is always higher and the price at selling is always lower than the markets.
Also no matter how good T212s rep is, it just feels like something that wont be here in 50 years (compared to Fidelities, Vanguards etc).
You can always set a limit order rather than market. If you are investing for the long term the spread probably doesn’t really matter anyway.
Soldato
I keep trying to tell myself that I'm getting my shares cheap at the moment... but is anyone's portfolio in the green?
My work shares (single company) are down 17% percent, but they are heavily incentivise, some being free shares after a time period, some being pre-tax reduction, some being fixed priced at a set time.
My Vanguard is down 4% and my personal T212 is down 9%, I dare not loging to my penisons at the moment..
Just need to keep on trucking...
My work shares (single company) are down 17% percent, but they are heavily incentivise, some being free shares after a time period, some being pre-tax reduction, some being fixed priced at a set time.
My Vanguard is down 4% and my personal T212 is down 9%, I dare not loging to my penisons at the moment..
Just need to keep on trucking...
If you're in it for the long term, these short term movements don't matter. Just keep buying.I keep trying to tell myself that I'm getting my shares cheap at the moment... but is anyone's portfolio in the green?
My work shares (single company) are down 17% percent, but they are heavily incentivise, some being free shares after a time period, some being pre-tax reduction, some being fixed priced at a set time.
My Vanguard is down 4% and my personal T212 is down 9%, I dare not loging to my penisons at the moment..
Just need to keep on trucking...
Sticking mostly to trackers takes most of the worry out of it for me. In individual shares a 17% move is not uncommon at all.I keep trying to tell myself that I'm getting my shares cheap at the moment... but is anyone's portfolio in the green?
My work shares (single company) are down 17% percent, but they are heavily incentivise, some being free shares after a time period, some being pre-tax reduction, some being fixed priced at a set time.
My Vanguard is down 4% and my personal T212 is down 9%, I dare not loging to my penisons at the moment..
Just need to keep on trucking...
Soldato
Made the mistake of logging into Vanguard. Yeah not going to do that again for a while.
Soldato
I cashed out around 1st aug (I mentioned it on here) mainly because I can't see it as long term any more, it's worked out ok and I am just collecting Vanguard interest on cash (not the best rate but my plans are not clear at the moment)
Anyone drip feeding and in long term need not worry as said
Anyone drip feeding and in long term need not worry as said
Could be some pain to come, as people pull money from equities into bonds
markets.businessinsider.com
The record-breaking crash in bonds is a threat to stock prices and American jobs. Here's everything you need to know about the Treasury-market turmoil.
Insider breaks down what you need to know about the bond-market meltdown, even if you've got no idea what a Treasury or a yield is.
markets.businessinsider.com
Soldato
As I'm a lot older now the accepted wisdom is to start pivoting much more in to bonds but the idea disgusts me. 
I know I'll probably have to do it though.
I know I'll probably have to do it though.
Soldato
yes... we get double shares that mature at a certain date and it helps me not to fall into the 40% bracket.
it's the shares packages that I that I pay into for a fixed price post tax that matures on a certain day, both are below the current market price at the moment but they don't mature till next year and the year after that, when I have the option to not buy them and get my money back.