Wrong with who.
Investment
- Thread starter pete01
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Crossed purposes, never mind
Glad I started this thread because im more confused than before I started it 
I don’t think mot man likes share fundsGlad I started this thread because im more confused than before I started it
Apart from premium bonds where you never lose your original stake, I don’t like anything where I have no guarantee of earning a known amount of interest let alone the possibility of losing my stake money. Plenty have. A friend of our had shares in a bank. RBS I think. She lost just under £50k.
Another friend of mine who sold his mot station, invested exactly £1m with Coutts. He took a low risk investment. It went down to £860k at one point before recovering and he ended up £60k up. Still, he had a few sleepless nights when it was on its way down. I wouldn’t like that.
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Me neither. I'm no risk taker, nor do I worship swimming in the stuff.
Funds like the S+P 500 have historically made 10% per year.
That’s the beauty of funds.
Each to their own. I’m happy, you’re happy. Have a Good Friday
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That is why a balanced portfolio helps. You also don’t have to invest in single stocks or unit trusts like the old days.
If you wanted you could take out your stake once it had doubled. But most people need their money to work a little harder than a bank.
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Trading 212 stocks and shares ISA and then buy an all world tracker. Check it every few months.Glad I started this thread because im more confused than before I started it
I assume you have a defined contribution pension? If so its no different.
Although nowt is guaranteed, over the longer term, you can't really go wrong with a good S&S ISA organised and managed through a reputable company (i.e. not organised through some geezer on social media). You don't have to build your own, they have multiple pre built options to choose from.
Sure, you'll have good months and not so good months, but if you hold your nerve and are in it for the longer haul, the risks aren't as high as some imagine.
You can also vary the mix of stocks and bonds based on your tolerance to risk.
I wish I'd started years earlier!
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I honestly would be lost against all of these isa things. I have all my money in the bank and they are always asking me to move it into one of their schemes. We ended up with a savings account for a good chunk and there’s we leave in our current account. Daft maybe but it’s all I know.
Honestly, you wouldn't be lost. I was a bit like you i.e. stuck in my financial ways, money sitting in accounts gaining little/no interest.
I don't want to say who I'm with re my S&S ISA, however if you explore the websites of the established big players and the options they offer, it soon makes sense.
And it's not like traditional buying/selling stocks in one or a few companies that can require regular input, tweaking this and that. You in a sense can set it and forget it. I check my investments monthly, no more no less. I don't panic sell if there's an economic blip. Like I say, if you're investing for 10+ years, the risk of losing overall is reduced.
You could always put a small sum into one or two products and see how they perform over a year. Then take it from there.
I bet you wouldn't. An ISA is just a tax shelter that you can have if you sign up to it.
If you are afraid of investing, you can have a tax-free Savings Account ISA.
If you know that investments in the stock market, as a whole, have grown faster than inflation for 200 years, and despite troughs and peaks, there has never been a ten-year period when it ended lower than it started, then you would choose a Stocks and Shares ISA. An easy option is an index tracker with low charges. You don't need to make changes or decisions, it runs itself. You can leave profits and dividends inside to roll up and accumulate, or you can turn on the tax-free income tap when the time comes to spend some.
Opinions differ on choosing an all-world index, a European one, or a UK one.
"All world" actually means "mostly American" because the size of the US market dwarfs the others.
Some people think that the US market is in an AI bubble, which will burst, and some people think that the damage caused by Trump is causing lasting damage to the economy.
As for gold, I do not agree it is an investment. It has ups and downs, and depending when you buy and sell it, you might make a profit or a loss. Long term it does not grow, allowing for inflation.
I am not a chartist, but looking at the graph, tbe recent price spike caused by Trump’s lunatic war has mostly subsided. I won't be surprised if it bumbles along around £3200 for a while, then sinks when his lunacy comes to a halt.
I am not a chartist, but looking at the graph, tbe recent price spike caused by Trump’s lunatic war has mostly subsided. I won't be surprised if it bumbles along around £3200 for a while, then sinks when his lunacy comes to a halt.
