potentially a good time to add more to FTSE100 Tracker ISA?

Mr_Stroopwafel

Hello

I was thinking that now could be good time to put more funds into my FTSE 100 tracker ISA, as I will get more units for less money. Is that right? Of course I am aware that it could well go even further down but I am prepared to take that risk. Am I right in thinking that I will get more units for less though which will give a better return once the market recovers?
(I'm fairly new to investing as you can see!)

Thanks

dunstonh

I was thinking that now could be good time to put more funds into my FTSE 100 tracker ISA, as I will get more units for less money. Is that right?

Potentially yes.

I suppose after 15 years of the FTSE 100 being more or less the worst UK index to track, it is overdue for an improvement.

Rather than put all your eggs in this medium/high risk, rather disappointing index, why not diversify?

Mr_Stroopwafel

What should I look into? the 350? or individual shares?

I,_Brian

Personally I can't see the FTSE dropping sustainably below 4500 - I think this month is when we reach bottom point.

rl290

I can see the potential for the FTSE 100 to drop much lower. Of course, no one knows, but I am personally staying well away from any investment that will suffer should the FTSE go below 4000. Only time will tell whose view is correct...

R

whitehat

I'm also looking at FTSE 100 trackers, most seem to have a 1% annual management charge and 0 sales/redemption fees, anyone have any particular recommendations for providers and any with lower management fees?

Count_Dante

whitehat wrote: »

I'm also looking at FTSE 100 trackers, most seem to have a 1% annual management charge and 0 sales/redemption fees, anyone have any particular recommendations for providers and any with lower management fees?

Charges of 0.5% are more normal. I use an all share index tracker from L&G, who also have a FTSE 100 tracker.