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    • Lokolo
    • By Lokolo 16th Feb 10, 2:40 PM
    • 19,563 Posts
    • 14,509 Thanks
    Lokolo
    • #2
    • 16th Feb 10, 2:40 PM
    • #2
    • 16th Feb 10, 2:40 PM
    I have recently opened an ISA investor with Halifax. I'm new to S&S ISA's and I was wondering:

    1) I own shares, right? 2) So, do I receive a dividend on the shares? 3) I'm thinking how do I make money? 4) I know the shares might go up in value, so obviously they are worth more if that happens. However, is that the only way to get a return, if the share value goes up?
    Originally posted by Emm Eff
    1) Yes
    2) Yes, but not all companies pay dividends.
    3) Share price goes up due to demand. There must be sufficient demand. What makes people want to buy shares? Future of the company.....
    4) This and dividends.
    • dunstonh
    • By dunstonh 16th Feb 10, 2:43 PM
    • 85,117 Posts
    • 50,136 Thanks
    dunstonh
    • #3
    • 16th Feb 10, 2:43 PM
    • #3
    • 16th Feb 10, 2:43 PM
    I own shares, right?
    Not quite.

    So, do I receive a dividend on the shares?


    The Halifax ISA investor invests into funds. You hold units in those funds. Those funds could contain shares, property or bonds depending on what fund(s) you choose to invest in.

    Most funds have an element of income. You can choose to have that income reinvested or paid out. The unit price can go up and down as well.
    I am an Independent Financial Adviser (IFA). Comments are for discussion purposes only. They are not financial advice. Different people have different needs and what is right for one person may not be for another. If you feel an area discussed may be relevant to you, then please seek advice from a Financial Adviser local to you.
    • TREVORCOLMAN
    • By TREVORCOLMAN 17th Feb 10, 6:01 AM
    • 904 Posts
    • 292 Thanks
    TREVORCOLMAN
    • #4
    • 17th Feb 10, 6:01 AM
    • #4
    • 17th Feb 10, 6:01 AM
    Hi Dunston as you seem to be the oracle could you advise me:

    Cash/S&S ISAs - can I get income from them when I am older?

    Thanks.
    I am NOT a mortgage & insurance adviser - or anything to do with finance, that was put on by the new system I dont know why?!
    • dunstonh
    • By dunstonh 17th Feb 10, 9:19 AM
    • 85,117 Posts
    • 50,136 Thanks
    dunstonh
    • #5
    • 17th Feb 10, 9:19 AM
    • #5
    • 17th Feb 10, 9:19 AM
    Cash/S&S ISAs - can I get income from them when I am older?
    yes.

    both can pay out the interest/income (or a fixed regular withdrawal in the case of the S&S ISA).

    Cash ISAs are a bit risky to use for long term income provision due to inflation erosion but obviously S&S ISAs have investment risk. So, you need to make sure you have a balance between them.
    I am an Independent Financial Adviser (IFA). Comments are for discussion purposes only. They are not financial advice. Different people have different needs and what is right for one person may not be for another. If you feel an area discussed may be relevant to you, then please seek advice from a Financial Adviser local to you.
    • sheslookinhot
    • By sheslookinhot 17th Feb 10, 7:55 PM
    • 1,080 Posts
    • 724 Thanks
    sheslookinhot
    • #6
    • 17th Feb 10, 7:55 PM
    • #6
    • 17th Feb 10, 7:55 PM
    I have recently opened an ISA investor with Halifax. I'm new to S&S ISA's and I was wondering:

    I own shares, right? So, do I receive a dividend on the shares? I'm thinking how do I make money? I know the shares might go up in value, so obviously they are worth more if that happens. However, is that the only way to get a return, if the share value goes up?
    Originally posted by Emm Eff

    You make money if the funds increase in value over the period of ownership. Investing in an ISA with Halifax is not one of the better places to invest, generally poor performance.
    2013 MFW challenge
    Target:- Mortgage Free this year
    b
    alance at 1 Mar= £1,931
  • nevertoold
    • #7
    • 8th Mar 10, 1:54 PM
    • #7
    • 8th Mar 10, 1:54 PM
    Hi

    I have Halfax S&S ISA I am putting money in each month, you said they are not the best place, poor performance. Where would you recommend I move it to. I know nothing about S&S so don't feel I am able to buy them myself.
    • dunstonh
    • By dunstonh 8th Mar 10, 2:17 PM
    • 85,117 Posts
    • 50,136 Thanks
    dunstonh
    • #8
    • 8th Mar 10, 2:17 PM
    • #8
    • 8th Mar 10, 2:17 PM
    Hi

    I have Halfax S&S ISA I am putting money in each month, you said they are not the best place, poor performance. Where would you recommend I move it to. I know nothing about S&S so don't feel I am able to buy them myself.
    Originally posted by nevertoold
    See a local IFA. They have whole of market access unlike Halifax who only have their own brand.
    I am an Independent Financial Adviser (IFA). Comments are for discussion purposes only. They are not financial advice. Different people have different needs and what is right for one person may not be for another. If you feel an area discussed may be relevant to you, then please seek advice from a Financial Adviser local to you.
    • 7sefton
    • By 7sefton 8th Mar 10, 4:04 PM
    • 413 Posts
    • 98 Thanks
    7sefton
    • #9
    • 8th Mar 10, 4:04 PM
    • #9
    • 8th Mar 10, 4:04 PM
    See a local IFA. They have whole of market access unlike Halifax who only have their own brand.
    Originally posted by dunstonh
    Can you recommend the best way to locate a local IFA? I.e. is there a directory or something?
    • Ifts
    • By Ifts 8th Mar 10, 4:47 PM
    • 1,726 Posts
    • 1,073 Thanks
    Ifts
    Can you recommend the best way to locate a local IFA? I.e. is there a directory or something?
    Originally posted by 7sefton

    Link: http://www.unbiased.co.uk/find-an-ifa/default.asp

    To select from all 8,000 IFA locations (not just the ones that have paid to advertise) untick the box in section 2.
    Last edited by Ifts; 08-03-2010 at 5:21 PM.
    Never let the perfume of the premium overpower the odour of the risk
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