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Investment Beginner Questions
Ben D
Posted: 11 February 2017 19:19:06(UTC)
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Hi,

I dabbled a little in shares in the telco boom and mainly got burned (and rightly so in retrospect!). Since then I have avoided investing and tbh haven't had the cash. I now have some money that I would like to grow but may need to get hold of in a medium time scale (no idea when but ideally I would like to be able to get hold of it in a years notice, although I'm happy to extend this for better profits if need be).

I'm guessing my initial ISA transfer would be about £25K with a possibilty to extend this closer to 40K in April.

My question is really is it feasible to get say an iii ISA and buy into some managed funds (maybe based on the citiwire fund/fund manager evaluations) and be relatively safe both maintaining flexibility of keeping the investment close to me while using the services of the professionals (fund managers) ? I may be tempted into a couple of stock purchases but I'm mainly hoping to put my faith in others, certainly in the short to medium term.

Apologies if this is a particularly naive post but I have just switched onto this idea in the last couple of days and I'm beginning to feel a bit overwhelmed by the options (I was thinking of putting it into peer to peer lending but felt maybe I was over exposing to the (mainly) property market). Any helpful advice/warning welcome even if they wrapped up in abuse this post possible deserves!

Thanks,

Ben.
AngryfromManchester
Posted: 16 February 2017 14:02:08(UTC)
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Managed funds in an ISA definitely feels like a better investment that peer to peer lending to me, although you should be careful regarding what your underlying assets are if you may need the money in a year's time. There have been falls in equity markets in a single year period that have taken the best part of 10 years to recover from.

I didn't quite understand the amount that you are looking to invest. Are you saying that you currently have £25k in an ISA, or is that what you are looking to contribute? If its the latter then you will need to spread it either side of April 6 as the limit on contributions is c£15k p.a. (I forget the exact number).
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Ben D on 16/02/2017(UTC)
G Robinson
Posted: 16 February 2017 14:14:33(UTC)
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I have found the Best Invest platform to be very flexible with trades costing about £8 a time, plus a regular % holding fee of course.

It's up to you to decide what to invest where and when, but there's lots of good advice on Citywire.
1 user thanked G Robinson for this post.
Ben D on 16/02/2017(UTC)
Ben D
Posted: 16 February 2017 14:24:50(UTC)
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Okay thanks. I meant £25k this year and before (I have been using a cash isa as 'holding account' for a while so it is essentially this years allocation + a few grand). I have decided to start with iii simply because £80 seems better than taking a percentage and I believe after an initial flurry my actual number of trades will be quite low (obviously there is the possibility I may gain in confidence and start day trading I suppose ;-).

Now I've taken the plunge I need to decide on some initial investments while waiting for the transfer to complete. I guess that will be a different post when I have had an initial stab & have a better idea what I may actually try and invest in.
S Dobbo
Posted: 16 February 2017 14:26:17(UTC)
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G Robinson;43351 wrote:
I have found the Best Invest platform to be very flexible with trades costing about £8 a time, plus a regular % holding fee of course.


Why pay a holding fee, plenty of cheaper options around like III as the OP mentioned! Keep an eye on the costs.

Edit: OP posted (#5) while I was posting, so didn't see he'd gone with III.
2 users thanked S Dobbo for this post.
Ben D on 16/02/2017(UTC), G Robinson on 22/02/2017(UTC)
Law Man
Posted: 16 February 2017 14:42:32(UTC)
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First, congratulations on taking an interest in running your own investments, which can be rewarding and enjoyable.

I started small, buying a small number of shares for modest sums. This gave me a feel of how it worked. At the same time I taught myself by reading good periodicals and books, and following Citywire, Trustnet and similar.

By the time I was ready to "go in big" by transferring maturing pension policies into a SIPP, I felt ready. Now I use ITs, ETFs, and a few funds. It is essential to keep your charges low: the effect of an additional 1% p.a. over years is frightening. Likewise, be an investor not a trader.

You may choose to follow a similar approach. If you are not yet confident, but want to invest, my suggestion is simple: buy a World Equities index tracker ETF.
4 users thanked Law Man for this post.
dlp6666 on 16/02/2017(UTC), Bellabeck on 16/02/2017(UTC), Ben D on 16/02/2017(UTC), Mike L on 17/02/2017(UTC)
Mr Helpful
Posted: 16 February 2017 15:57:38(UTC)
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Ben D;43025 wrote:

I now have some money that I would like to grow but may need to get hold of in a medium time scale (no idea when but ideally I would like to be able to get hold of it in a years notice, although I'm happy to extend this for better profits if need be).
Thanks,
Ben.


If what is being said is that the money may be needed at any point in less than say ten years (others may differ on the period), Cash is then the only fully safe asset for the sum to be retrieved in full The downside with Cash is that it will be ravaged by inflation.

However the "medium time scale" and "a year's notice" leave some degree of uncertainty !!!
1 user thanked Mr Helpful for this post.
Ben D on 16/02/2017(UTC)
Micawber
Posted: 16 February 2017 17:22:31(UTC)
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If you want to get at your money within a year then stocks and shares investing is not for you.

If you are prepared to invest for 3 - 5 years (5 is the 'conventional' minimum), and if you can stand the sight of your investment going down as well as up without panicking and selling out, then you may decide to stick your cash into a shares ISA and try staged purchases of £2k per month into something like Vanguard LifeStrategy 80, or the ETFs SWDA or HMWO, or just possibly one of the dull but safer ITs such as PNL, RCP or CGT. Or one of the first three plus one of the second three.
3 users thanked Micawber for this post.
Ben D on 17/02/2017(UTC), Mickey on 17/02/2017(UTC), Mike L on 17/02/2017(UTC)
CUEBALL
Posted: 16 February 2017 21:01:30(UTC)
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Apologies...(had a shandy)..can't be arsed finding the thread about newspaper tip's etc and this one seemed appropriate..

SFR my share of the year ...(not many other's on here had the bottle to pick one) ..hang on... United 'av' just scored...

...anyway SFR recovering nicely from a contract pricing debacle ..a victim of recent times I suppose.

During the leonards (sach's) they were an absolute banker (new car (black one) every year 'an all that') until a contract pricing debacle put paid to all that 'jollyness'.

Are you still there?..

Anyway after bottoming around 40p!!! ..if only! ...recently recovered to 70p ...NOW..................

.....that's when the 'Tipper's' move in ...was it (rhymes with Snidas)..yeh i'm sure it was..sunday morning ...then monday the MM's who also read the paper's have there 'net's' out ready...85p some poor soul paid ....

are you getting bored?

cos I am (tired)...the rest is history ..a drift down then 'THE' 'shakeout' of the innocent's..(the Trusting)... we've all been there..

Then of course there are the ones that read the Midas 'tip' and wanted to buy... but....?

Of course they regretted not buying as they watched the price soar..."oh Midas your so great".. if only...

Now..?.. they're not so sure, all that excitement on the day they were tipped by the 'mighty
Midas' ("that's what Cueball tipped as well") Has melted away.

Buy now?..your joking aren't yer...I'M NO FOOL.


X

2 users thanked CUEBALL for this post.
Tony Peterson on 19/02/2017(UTC), dyfed on 19/02/2017(UTC)
kWIKSAVE
Posted: 17 February 2017 07:48:00(UTC)
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Cuey Cueball

It matters not that I cannot fathom what SFR stands for .......

your irreverent epilogue has me in fits

wonder what it would have been like if you had a drop of Blueballs !

x
CUEBALL
Posted: 17 February 2017 09:01:51(UTC)
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..Just read that back..forgot to put the ending 'bit' on....

..From.."I'M NO FOOL"...are you sure about that?...as convinced as you were following the

tip perhap's?...so what has actually changed ?...I mean, there have been (to date) no

negative announcements since that tip....and now you have the opportunity to buy for at least

10% less and probably receive the same shares bought by those believer's who dived in

..now 'shaken out' in panic , or stop losses triggered....never to return?

How can this be when 'the mighty and oh so trustworthy Midas 'told' you to buy" after all it

does come from a respected newspaper doesn't it..?

From..Journey of a 'tip' chapter one (Cueball press).

Note:
Leonard Sach compared a show called 'The good old day's'

ATB
X




CUEBALL
Posted: 17 February 2017 09:23:35(UTC)
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kWIKSAVE;43379 wrote:
Cuey Cueball

It matters not that I cannot fathom what SFR stands for .......

your irreverent epilogue has me in fits

wonder what it would have been like if you had a drop of Blueballs !

x



..'Avad' "blueball's"...'fer' years....x

Recently Redundant and Retired
Posted: 17 February 2017 10:45:11(UTC)
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Ben D, if you want to invest in P2P, there are P2P investment trusts available at discount with decent yields.
Chris Ould
Posted: 17 February 2017 20:40:02(UTC)
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CUEBALL;43382 wrote:
..Just read that back..forgot to put the ending 'bit' on....

..From.."I'M NO FOOL"...are you sure about that?...as convinced as you were following the

tip perhap's?...so what has actually changed ?...I mean, there have been (to date) no

negative announcements since that tip....and now you have the opportunity to buy for at least

10% less and probably receive the same shares bought by those believer's who dived in

..now 'shaken out' in panic , or stop losses triggered....never to return?

How can this be when 'the mighty and oh so trustworthy Midas 'told' you to buy" after all it

does come from a respected newspaper doesn't it..?

From..Journey of a 'tip' chapter one (Cueball press).

Note:
Leonard Sach compared a show called 'The good old day's'

ATB
X






Cuey, first place i saw SFR mentioned was here:

http://www.iii.co.uk/art...egy-picks-10-hot-stocks

then saw you had flagged it...add the interest from Chelverton & Marlborough, so got on board.

What do you think of the guys strategy...screen the recent top movers for operating profit over the past 4 quarters?

Tony Peterson
Posted: 19 February 2017 19:11:02(UTC)
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Cuey

Surely by now the penny should have dropped.

The peasants do not want to be helped.
TJL
Posted: 19 February 2017 19:55:28(UTC)
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'The peasants do not want to be helped.'
Possibly your most arrogant and insulting post so far.
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Mickey on 20/02/2017(UTC)
dyfed
Posted: 19 February 2017 20:14:41(UTC)
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Tony Peterson;43456 wrote:
Cuey

Surely by now the penny should have dropped.

The peasants do not want to be helped.



speak for yourself! I welcome Cueball's posts!!
1 user thanked dyfed for this post.
Tony Peterson on 19/02/2017(UTC)
kWIKSAVE
Posted: 19 February 2017 20:14:50(UTC)
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Unfortunately TJL that is the condescending language he sometimes uses.
Tony Peterson
Posted: 19 February 2017 20:22:37(UTC)
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TJL and Kwiksave

If I really wanted to I could be much more arrogant, and insulting, and, most probably, truthful, than anything I have said so far.

Non mi tentar.
dyfed
Posted: 19 February 2017 20:28:09(UTC)
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Tony Peterson;43462 wrote:
TJL and Kwiksave



Non mi tentar.



Well, that's a matter of opinion.....you can be quite trying sometimes.....opera fan are we?
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