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Halifax ISA Investor
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# 1
Emm Eff
Old 16-02-2010, 2:38 PM
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Posts: 30
Default Halifax ISA Investor

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?
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# 2
Lokolo
Old 16-02-2010, 2:40 PM
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Default

Quote:
Originally Posted by Emm Eff View Post
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?
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.
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# 3
dunstonh
Old 16-02-2010, 2:43 PM
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Default

Quote:
I own shares, right?
Not quite.

Quote:
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 a Financial Adviser. 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.
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# 4
TREVORCOLMAN
Old 17-02-2010, 6:01 AM
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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?!
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# 5
dunstonh
Old 17-02-2010, 9:19 AM
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Quote:
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 a Financial Adviser. 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.
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# 6
sheslookinhot
Old 17-02-2010, 7:55 PM
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Quote:
Originally Posted by Emm Eff View Post
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?

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.
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# 7
nevertoold
Old 08-03-2010, 1:54 PM
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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.
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# 8
dunstonh
Old 08-03-2010, 2:17 PM
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Quote:
Originally Posted by nevertoold View Post
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.
See a local IFA. They have whole of market access unlike Halifax who only have their own brand.
I am a Financial Adviser. 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.
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# 9
7sefton
Old 08-03-2010, 4:04 PM
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Quote:
Originally Posted by dunstonh View Post
See a local IFA. They have whole of market access unlike Halifax who only have their own brand.
Can you recommend the best way to locate a local IFA? I.e. is there a directory or something?
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# 10
Ifts
Old 08-03-2010, 4:47 PM
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Quote:
Originally Posted by 7sefton View Post
Can you recommend the best way to locate a local IFA? I.e. is there a directory or something?

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.
Never let the perfume of the premium overpower the odour of the risk

Last edited by Ifts; 08-03-2010 at 5:21 PM.
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