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turbobob

max11 wrote: »

Hi Aegis!
I tried to call but they say that I cannot invest less then teh minimum for the vantage ISA. How did you manage to low the minimum investment.
I called the vantage help desk
thank you

Even if HL only allow minimum initial investments into each fund of £1000, you can still make switches with much lower amounts later on. For example, I recently switched about £400 from another fund into Blackrock's Gold & General. I didn't have any existing holdings in the Blackrock fund, but it went through with no problems.

So you could potentially invest £4000 across 4 funds and switch part of them into others as and when you want to.

max11

turbobob wrote: »

Even if HL only allow minimum initial investments into each fund of £1000, you can still make switches with much lower amounts later on. For example, I recently switched about £400 from another fund into Blackrock's Gold & General. I didn't have any existing holdings in the Blackrock fund, but it went through with no problems.

So you could potentially invest £4000 across 4 funds and switch part of them into others as and when you want to.

Thank you all.
So, if I invest £3,000 now, I shoud be able to add £600 after a few days and destribuite the whole amount into 5 funds, shouldn't I?

max11

sabretoothtigger wrote: »

Do it monthly and you will distribute risk over time as well as need a smaller amount.
We're in a bear market so why would you want to invest it all right now, bear means cheaper prices in future or do we all know better

Thank you.
The reason why I want to put a lump sum is to benefit from the ISA 08-09.

By the way, so you think we are still far from the bottom?

tradetime

By the way, so you think we are still far from the bottom?

I'm not sure how much use the answer to that question really is to you, as nobody knows for sure, so your own opinion is just as valid as anyone else's. But fwiw I think there is more work to do on the downside, possibly between 20 - 30% from the current lows. The current rally imho is nothing more than a bear market rally, although I am aware that this opinion is the majority opinion, everyone "knows" this is a bear market rally, as such, it is very possible that after a small pullback this rally continues for another 10 -15% until everyone starts to say "that was the bottom"

Nothing in stockmarkets is ever certain, there's no magical formula, no-one ever knows for sure, but one thing that holds reasonably consistent, when everybody "Knows something" you can pretty much be sure whatever it is they "know" is wrong. If you remember one principle, the job of the market is to prove the majority of the people wrong most of the time. it should serve you well.

max11

tradetime wrote: »

I'm not sure how much use the answer to that question really is to you, as nobody knows for sure, so your own opinion is just as valid as anyone else's. But fwiw I think there is more work to do on the downside, possibly between 20 - 30% from the current lows. The current rally imho is nothing more than a bear market rally, although I am aware that this opinion is the majority opinion, everyone "knows" this is a bear market rally, as such, it is very possible that after a small pullback this rally continues for another 10 -15% until everyone starts to say "that was the bottom"

Nothing in stockmarkets is ever certain, there's no magical formula, no-one ever knows for sure, but one thing that holds reasonably consistent, when everybody "Knows something" you can pretty much be sure whatever it is they "know" is wrong.

Hi! I'm a market newbie but know that none knows the future so I was impressed by his certainty in saying markets will still go down!
As I have to put my money now - or find a holding account in HL - hope markets will not go down much more

If you remember one principle, the job of the market is to prove the majority of the people wrong most of the time. it should serve you well.

I like this definition!:T

barny_100

max11 wrote: »

As I have to put my money now - or find a holding account in HL - hope markets will not go down much more

Ask H&L or search Google about phasing - allows you to use this tax years allowance but not choose the investments till later.

max11

Yes, H-L has an holding account, but will have to choose the funds *in* 3 monhts? If I want to choose them before?
If it is so, it would be another bet...buy now or in 3 months?

By the way, I can't find the link "apply" in the page to open the account!

sabretoothtigger

max11 wrote: »

Thank you.
The reason why I want to put a lump sum is to benefit from the ISA 08-09.

By the way, so you think we are still far from the bottom?

So in order of importance you place tax benefits on the profits before the chance of the actual profits.
Thats about the same as people who will shop for a brand new car mainly on how much the road tax is

The funny thing is others will do the same so we might see a blip but that also means you will likely get the worst price for the next few months. Of course this could be the bottom so c'est la vie

Isnt it possible to start an isa with this years allowance and invest it in a cash fund (not a cash isa) then distribute it properly later, does HL let people do that


Im thinking we will see a false bottom in many prices where the nominal figure rises but the value continues to fall.
A small example of this would be the dow rising after fed annouces 300bn of new money while the dollar index took a fall, over all I think it equated to less worth in those shares despite the rise

turbobob

sabretoothtigger wrote: »

So in order of importance you place tax benefits on the profits before the chance of the actual profits.
Thats about the same as people who will shop for a brand new car mainly on how much the road tax is

The funny thing is others will do the same so we might see a blip but that also means you will likely get the worst price for the next few months. Of course this could be the bottom so c'est la vie

Isnt it possible to start an isa with this years allowance and invest it in a cash fund (not a cash isa) then distribute it properly later, does HL let people do that


Im thinking we will see a false bottom in many prices where the nominal figure rises but the value continues to fall.
A small example of this would be the dow rising after fed annouces 300bn of new money while the dollar index took a fall, over all I think it equated to less worth in those shares despite the rise

Yes you can temporarily hold the money in cash for the purpose of investing in a stocks and shares ISA. To make it less attractive the interest is subject to a 20% tax deduction. I would also suggest that different asset classes will have different times when they hit rock bottom, probably with property being the last. You don't have to invest in just equities. If you were convinced the equity markets will fall further you could even short indices using inverse ETF's (and you are allowed to have them in an ISA).

sabretoothtigger

Shorting is more risky then an attempt at investing so I would be cautious on that but its nice that the isa is that flexible, I wonder if daytrading is possible even

I read the offer, looks decent

I agree on the varying timescales. I wouldnt laugh at someone for buying a house now just so long as they had the right priorities, obviously the whole price rush thing previously was just bad thinking, greed, etc

Theres always value out there somewhere, I cant say people are wrong to buy. But I feel a focus on dividends, cashflow and future prospects & foreign sales is the best emphasis.
Yield is a function of the fundamentals but also the price bought at but place the fundamentals first and the timing to buy at will show itself

If we look back at the housing then if people had always worked off rental price comparisons for worth not estimates of capital increasing, it might have given a better more long term realistic view of the true value.

Obviously its easy to get carried away even now, Ive seen some normal blue chip companies rise nearly 100% in the last fortnight. That'll put anyone in a spin, definitly me

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