Whats your S&S ISA Portfolio? (Winners and Losers)

Linton

You also need to consider the tax position when comparing BTL and share investing. BTL income, in particular the bit that does the paying-off of the loan, is taxed as income. Investment returns and income are tax free for quite large portfolios with the government going out of its way to provide you with opportunities to minimise any liability.

MarcoM

Linton wrote: »

You also need to consider the tax position when comparing BTL and share investing. BTL income, in particular the bit that does the paying-off of the loan, is taxed as income. Investment returns and income are tax free for quite large portfolios with the government going out of its way to provide you with opportunities to minimise any liability.

which portfolio do you mean, shares or property portfolio?

Linton

MarcoM wrote: »

which portfolio do you mean, shares or property portfolio?

The returns on a portfolio of shares/funds are tax free for most investors. CGT and income tax can largely be avoided by use of ISAs and judicious taking of profits for even quite large portfolios.

Income from a BTL is taxed. CGT and income tax cant be avoided.

srcandas

Really good posts in this thread. Enjoying it.

Just to emphasise even more the advantage of shares over property. I had time in the first half of this year and thus agressively managed my share portfolio. Had great fun which I think is important as others have said.

But now with an overload of work I let my portfolio do it's own thing.

And if need be I could always liquidate and run to cash.

None of that I can do with a property portfolio

And just one final observation: I'm not sure my shares take any more time to administer than cash based on all the posts about dropping interest rates and chasing new ones that you see here

nicknameless

Ok first year investing and building up a mainly passive portfolio for the next 15-20 years. At the moment only a few k all invested via the HSBC Global Investment Centre (a starter platform for me as it was convenient, had a decent range of index funds, and relatively cheap at the moment);

Equities (target allocation 80%)
HSBC FTSE All Shares Index (20%)
HSBC Europe exc UK Index (15%)
HSBC North American Index - S & P (15%)
HSBC Pacific exc Japan Index (20%)
HSBC Japan Index (10%)
Aberdeen Global Emerging Markets (20%)

Remaining 20% of Portfolio will in the short term be in cash.

My original intention was to hold some of the HSBC Gilt Index fund as well, but general negativity about prospects for gilts have put me off this for the time being.

Building this up gradually and just wanted to get broad exposure to start with, from which I can tinker as I go along.

Comments very welcome.

p00hsticks

Colin297 wrote: »

Think about the amount of time OP etc has spent on assessing and researching the variables of their portfolios etc. If you count the time spent, risk etc, i don't see how anyone who isn't making 10%+ gains PA can justify this input...

.. and then compare that with the amount of time and effort that goes into selecting and purchasing investment properties and fulfulling the various obligations involved in being a landlord - I know which I reckon is the less time consuming and hassle free

Thrupnybit

OK, here's my lot. Too many I know and there are overlaps. First State, Liontrust & M&G by far the best performers. Looking to sell the Odey Fund probably, ditto M&G Property (c3% gain over 18months, better in a cash ISA) and building up Aberdeen and Threadneedle.

First State Asia Pacific Sustainability 14.10% Liontrust Special Situations 13.20% M&G Strategic Corporate Bond 11.50% Troy Trojan 9.10% GLG Technology Equity 8.10% AXA Framlington UK Select Opportunities 8.10% CF Ruffer Total Return 7.60% M&G Property Portfolio 7.20% Fidelity MoneyBuilder Income 6.90% INSYNERGY Odey Class A 6.10% Aberdeen Emerging Markets Bond 5.10% Threadneedle European Smaller Companies 3.00%

srcandas

Something that does surprise me is the number of people into EM equities.

It's although the first decision is equity or debt; and then where?

In developed markets for long term investors I can see why equities at the moment may be preferred to debt (not for everyone but I can see the logic). But in EM the risks are far higher and equities have not many times kept pace with a countries progress. I forget who but some time ago someone here pointed out that many EM companies get recycled as opposed to growing as individual corporations. Thus the country progresses but not necessarily specific corporates (and I for one am most grateful to whoever that was ).

Personally I go equity where developed and debt in EM. Not always of course but here most posters seem to be going EM equity if EM is for them.

:beer:

N1AK

I've kept away from emerging markets and gone with passive UK, US and Asian trackers. I'll probably put some money into a European fund at some point but given the mess atm I can't bring myself to do it (though trying to be purely rational it would make sense)

I'm thinking of getting an investment property next year, once all the work on our own house is complete, and I find it really odd that someone is taking such a bullish view on property vs shares. Managing property has considerable risks, costs and complexities which make handling funds much easier by comparison. Literally the only reason I am considering property is because I can 'take advantage' of my ability to lend to fund most of it.

Linton

srcandas wrote: »

Something that does surprise me is the number of people into EM equities.

It's although the first decision is equity or debt; and then where?

In developed markets for long term investors I can see why equities at the moment may be preferred to debt (not for everyone but I can see the logic). But in EM the risks are far higher and equities have not many times kept pace with a countries progress. I forget who but some time ago someone here pointed out that many EM companies get recycled as opposed to growing as individual corporations. Thus the country progresses but not necessarily specific corporates (and I for one am most grateful to whoever that was ).

Personally I go equity where developed and debt in EM. Not always of course but here most posters seem to be going EM equity if EM is for them.

:beer:

People buy EM equity funds in the hope of large returns, which by and large have been achieved over the past 10 years. Certainly much better returns then you would get from a bond fund.

For any prospective EM equity fund purchase I would recommend that people look carefully at the sort of things the fund is invested in. Different funds focus on different areas of the world and thus on different industrial sectors.

Looking at the flagship Aberdeen fund, I see its major investments are in Samsung, China Mobile, 2 or 3 large Brazilian banks, a couple of oil companies etc etc. Certainly not the sort of companies that only exist temporarily before they get swallowed up. You could argue whether these sort of companies are typical of EM rather than being large mainly global players who just happen to be based there. Also you could argue whether for example S Korea is really EM.

If you really want to invest in EM at the dusty street level there are a few funds that do that. A small companies fund for example would be much more closely linked to the individual EM countries economies, as would a funds focusing on Africa and Eastern Europe where there are many fewer globally significant companies. Though in the latter case there is a danger of a large % in Russian oil.