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  • FIRST POST
    • cns06
    • By cns06 4th Dec 17, 9:03 PM
    • 222Posts
    • 103Thanks
    cns06
    Topping up this years ISA
    • #1
    • 4th Dec 17, 9:03 PM
    Topping up this years ISA 4th Dec 17 at 9:03 PM
    I have put £10k into my 2017 S&S ISA to date and have another £10k ready to put in. Does anyone have any thought as when is best to do this? Normally I would just do it when I have the money but with Christmas round the corner and all this brexit stuff going on I was wondering if people think its better to wait till the new year once things calm down? It would be going into VLS80 BTW>
Page 1
    • Keep pedalling
    • By Keep pedalling 4th Dec 17, 9:12 PM
    • 4,058 Posts
    • 4,423 Thanks
    Keep pedalling
    • #2
    • 4th Dec 17, 9:12 PM
    • #2
    • 4th Dec 17, 9:12 PM
    Stick it in now, if only to stop yourself over spending at Christmas.
    • Alexland
    • By Alexland 5th Dec 17, 1:13 PM
    • 731 Posts
    • 459 Thanks
    Alexland
    • #3
    • 5th Dec 17, 1:13 PM
    • #3
    • 5th Dec 17, 1:13 PM
    The theory goes if people knew what was going to happen then the market would have already been priced on that basis so the question would then be what else, that people don't know, might happen. For which nobody knows with any certainty.

    I would just drip the money in as it becomes available to average our your cost per unit.

    Personally with such high p/e ratios and devalued currency then I wouldn't be investing new money in VLS80 unless you are putting the money away for a very long time (eg. LISA or pension) in which case current valuations won't matter much.

    I hold VLS80 in my zombie Halifax SIPP but I don't intend to draw from that pension until last so it should all be invested for at least 40 years and I would start reducing risk in around 25 years time. My other pension, which I would draw first, has a lower proportion of stocks and uses UK gilts to reduce currency risk incase sterling strengthens.

    I have a lot of pity for Theresa May who has a thankless and unpopular task of unearthing and grinding out a lot of contentious detail in the Brexit negotiations.

    In current market conditions I would suggest looking at the L&G multi index funds (if they are on your platform) to maintain high equity exposure (to beat inflation) but limit downside risk. The upside opportunity is limited by fundamentals at the moment anyway and bonds aren't providing much opportunity either.

    Alex
    Last edited by Alexland; 05-12-2017 at 1:40 PM.
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