Investments, stocks, shares

[doverfox]

Started on free trade just investing a few hundred each month  any suggestion on long term shares to hold? 

[enmac]

I wouldn't consider buying individual shares. Way too risky for me having lost heavily in the past. 

I'm now invested in an index tracker, specifically using Vanguard uk.

Cheaper than the rest having no shareholders. You can choose the level of risk you want to take by selecting between different mixes of stocks and bonds. Been with them 4 years. Takes a lot of the worry out and many tracker funds perform better than actively managed funds. 

https://uk.trustpilot.com/review/vanguardinvestor.co.uk

[CheeseHead]

13 hours ago, enmac said:

I wouldn't consider buying individual shares. Way too risky for me having lost heavily in the past. 

I'm now invested in an index tracker, specifically using Vanguard uk.

Cheaper than the rest having no shareholders. You can choose the level of risk you want to take by selecting between different mixes of stocks and bonds. Been with them 4 years. Takes a lot of the worry out and many tracker funds perform better than actively managed funds. 

https://uk.trustpilot.com/review/vanguardinvestor.co.uk

Agreed. For the novice investor, passive trackers are the best form of investment. Drip feed into them and over a long period of time you should get a decent return. An S&P 500 tracker for example has returned an average of about 10%. 

[Tommy G]

Agreed on the vanguard front - I chuck some in the 80% pot and some in the 60% pot each month. Decent returns so far and historically 

[Fox1norfolk]

On 24/01/2022 at 22:51, doverfox said:

Started on free trade just investing a few hundred each month  any suggestion on long term shares to hold? 

Learn my lesson in an expensive way by investing in AIM shares, however a few were successful. I bought Boohoo at 14p and although they are only around £1 at the moment they have been as high as £4. Rockhopper was a very god buy, but over the 40 years I have been investing the main lesson I have learnt do not invest in any company with a market capital of less that £100 million. In my case it’s just an hobby, but  I use quite simple tactics and buy into companies when for whatever reason they are very low, but in the past been very high. Established companies I bought Marsons at 24p last year and they are now worth 80p +, Capita, Serco , M&S, IAG are the sort of businesses I invest in. This week I bought shares in TUI a vast travel business throughout Europe that has suffered during Covid, but I feel sure they will be a massive success.

[DennisNedry]

As a rookie with next to no knowledge of investing, I'd recommend Dodl - easy to use App for beginners with good UI and low fees, ran by AJ Bell.

 

Having said that, I made an account but haven't put funds in yet as the market looks in big trouble at the moment

 

Also, all the lads pages ago saying how much they'd made from Crypto... did you sell at the right time, or are you now in the red?

[weller54]

On 24/01/2022 at 22:51, doverfox said:

Started on free trade just investing a few hundred each month  any suggestion on long term shares to hold? 

BP or Shell..

They're both still very cheap.

[Spiritwalker]

With inflation set to hit double figures I have reluctantly taken half my savings out 

 of the Building Society and invested. As a novice any advice would be welcome.

[Shah johns]

1 minute ago, Spiritwalker said:

With inflation set to hit double figures I have reluctantly taken half my savings out 

 of the Building Society and invested. As a novice any advice would be welcome.

Just be careful as I invested in Jan and I’m £7k down from what I put in currently. My advisor is saying the market will come back but that may take a while. 

[Spiritwalker]

Just now, Shah johns said:

Just be careful as I invested in Jan and I’m £7k down from what I put in currently. My advisor is saying the market will come back but that may take a while. 

What did you invest in? So far I have mainly invested in a HL portfolio and N.American funds.

[Shah johns]

5 minutes ago, Spiritwalker said:

What did you invest in? So far I have mainly invested in a HL portfolio and N.American funds.

In a range is stocks. About 70% US and a split between Asia, Europe, UK and fixed interest for the rest. Within each portfolio there were many companies. History showed it does well but the market is pretty bad currently as I’m sure you know. You may have timed it right and invested at the right time. It appears I didn’t as it’s never got close to the Jan invested figure as yet. 

[Fazzer 7]

Bonds and gilts are down atm. Probably a good time to invest in a 5 year term. Equity markets have rallied nicely in the past fortnight, but will be volatile for a while to come. Commodities probably the place to go in the shorter term. 

[Spiritwalker]

18 minutes ago, Fazzer 7 said:

Bonds and gilts are down atm. Probably a good time to invest in a 5 year term. Equity markets have rallied nicely in the past fortnight, but will be volatile for a while to come. Commodities probably the place to go in the shorter term. 

I did look at commodities but it didn’t look straightforward, so instead I invested in some funds that specialise in

agriculture and mining.

 

[Fazzer 7]

5 minutes ago, Spiritwalker said:

I did look at commodities but it didn’t look straightforward, so instead I invested in some funds that specialise in

agriculture and mining.

 

You’re right It’s not straightforward unless you know what you’re doing. I don’t really.  My investment is in a fund with Royal London, you decide you’re risk level, pay a monthly fee and they do the rest. My portfolio is broadly 60% equities with the rest split between bonds/gilts, commodities and property. 

[weller54]

At last savers look like getting a good return on their money...

Charter savings Bank offering 3.55% if you tie up the money for 12 months!...

However, I heard today interest rates could hit 7% next year!!...

So savers could get 6+% 😲!!

Ford Money is another one worth looking at is their rate is variable!!

[String fellow]

Anyone here had problems dealing with ReAssure? Every time I ring them to try to arrange the cashing-in of a small pension pot I originally had with Barclays Life, they just say they'll ring back in the next couple of days, and of course they don't. It doesn't inspire confidence and it's getting really frustrating. 

Edited 26 September 2022 by String fellow

[StanSP]

1 hour ago, weller54 said:

At last savers look like getting a good return on their money...

Charter savings Bank offering 3.55% if you tie up the money for 12 months!...

However, I heard today interest rates could hit 7% next year!!...

So savers could get 6+% 😲!!

Ford Money is another one worth looking at is their rate is variable!!

Good to know! Hadn't really taken an interest (no pun intended) because they'd been so low, but will definitely look into investing in ISAs again for the foreseeable if that's the forecast! 

[Tommy G]

My vanguard is absolutely shagged, hoping when the upturn kicks in it will go back to 10-15% returns.

[grobyfox1990]

Shorting gbp is surely the only useful investment until we get to parity 

[Bellend Sebastian]

17 hours ago, String fellow said:

Anyone here had problems dealing with ReAssure? Every time I ring them to try to arrange the cashing-in of a small pension pot I originally had with Barclays Life, they just say they'll ring back in the next couple of days, and of course they don't. It doesn't inspire confidence and it's getting really frustrating. 

Reassure basically buy up other providers or the back books of other firms and in common with other such operations they're a bit of a nightmare admin wise. There seems to be a general issue with financial and other services institutions being a bit understaffed which really isn't helping.

 

You could pay an IFA to move it to a more user friendly provider but given you've said the plan in question is modest in size it's unlikely to be worth it

[FoxesDeb]

I need a bit of advice please from people who know more about this sort of thing than me please. 

 

I have a bit of sterling sitting in a very low rate savings account. Obviously I'm not going to be changing it into Euros anytime soon, but without a UK address I'm probably very limited with what I can do with it to get a better rate, I know we can't put it in an ISA, even though my husband is still a UK tax payer. Is there anything obvious,  apart from giving it away, which I'm sure will be suggested 

 

 

[Bellend Sebastian]

2 hours ago, FoxesDeb said:

I need a bit of advice please from people who know more about this sort of thing than me please. 

 

I have a bit of sterling sitting in a very low rate savings account. Obviously I'm not going to be changing it into Euros anytime soon, but without a UK address I'm probably very limited with what I can do with it to get a better rate, I know we can't put it in an ISA, even though my husband is still a UK tax payer. Is there anything obvious,  apart from giving it away, which I'm sure will be suggested 

 

 

I might have read it wrongly but it looks like individuals who have moved to the EEA are eligible to set up a Hargreaves Lansdowne investment account (investing in the same things an ISA would but without the tax wrapper)

 

 

[grobyfox1990]

2 hours ago, FoxesDeb said:

I need a bit of advice please from people who know more about this sort of thing than me please. 

 

I have a bit of sterling sitting in a very low rate savings account. Obviously I'm not going to be changing it into Euros anytime soon, but without a UK address I'm probably very limited with what I can do with it to get a better rate, I know we can't put it in an ISA, even though my husband is still a UK tax payer. Is there anything obvious,  apart from giving it away, which I'm sure will be suggested 

 

 

Can you use it when you visit the uk? Or give any uk based family access to it to spend? Can you use their address? I had a similar issue when I worked in the US, opened a savings account to park some dollars and it was too much hassle to close and transfer when I left. I now use it as stripper money when I visit

[FoxesDeb]

3 hours ago, grobyfox1990 said:

Can you use it when you visit the uk? Or give any uk based family access to it to spend? Can you use their address? I had a similar issue when I worked in the US, opened a savings account to park some dollars and it was too much hassle to close and transfer when I left. I now use it as stripper money when I visit

We don't plan to return to the UK any time soon but yes my daughter is slowly working her way through it  I was also going to say it would probably take years of visits to burn through it, but maybe not given the cost of everything over there now.

 

Really can't see me using it as stripper money anywhere in the world, never mind the UK, so maybe @Bellend Sebastian suggestion is the way to go, unless anyone else has any better ideas.

[weller54]

Charter Savings Bank now offering 4.31% on a 1 year fixed Bond!!