£5k to Invest in Five Separate Pots

slapmatt

I have used up my ISA allowance for this year, but still have £5k in a very poorly performing Savings account.

I'd like to split it into five diverse £1k pots. I'm thinking:

Premium Bonds
Funding Circle
A Gold ETF
A "bedrock" Stock - M&S or similar
And something else

I was planning on using SelfTrade for the Gold ETF and M&S shares.

What could my fifth pot be, medium to high risk is fine?

Does anyone have any other advice?

Cheers!

bugbyte_2

FTSE Tracker?
Interesting choice there!

innovate

What is your existing ISA S&S portfolio? You would normally have a single virtual portfolio so you can balance it properly.

atush

That seems a very strange list of 5?

slapmatt

I have a Fidelity ISA is split between these five funds:

Aberdeen Japan Growth A
M&G Strategic Corporate Bond A Acc
Fundsmith Equity Fund R Class Acc
Fidelity MoneyBuilder Global - Accumulation
Liontrust Special Situations Fund (R)

slapmatt

atush wrote: »

That seems a very strange list of 5?

In what way? What would you suggest?

ColdIron

£1,000 is about the price of a 1oz coin, you would probably be better to buy a krugerrand/maple/britannia or 4 sovereigns. Much more secure, dead easy to hide away and the gloating is a lot more fun

slapmatt

I did think about a Krugerrand, but it's a bit of a faff if I wanted to sell it.

atush

slapmatt wrote: »

In what way? What would you suggest?

Well the first 4 are right out IMHO.

PBs? If you like to gamble. I hold 100.

funding circle? Not unless you have enough to fancy yourself a dragon ;-)

Gold? As said, holding could be easier, but then again you could be robbed. And it earns nothing and has been falling 2 years now. Still toppy to me (and I hold gold bought ages ago).

Single shares? Risky, esp ones that have been trading poorly (ie the business). If you went this route over funds, I'd pick something else defensive with a good dividend.

Something else? yes, 5 somethings lol. what about some investment trusts?