Passive investing - starting ?

racing_blue

catoutthebag wrote: »

Would I be best lumping £50x12 into VG

S&S ISA- best would £960x12

redbuzzard

catoutthebag wrote: »

wondered if it would be better

a) increasing the pcm to £100 with FA isa,

b) closing FA ISA and putting £100 into VG/similar DIY in ISA and a small lump sum ~1000

c) continuing FA Isa and my non-isa VG thing?

It's six and half a dozen. Perfectly reasonable to do LS as well as your existing monthly ISA.

Assuming it's long term, regular contributions, why not do LS 100% global equity for the new £50/month, especially as the fixed income element is perceived to be relatively expensive now, you have it covered to some extent in the existing ISA, and volatility shouldn't worry you for some time?

And I'd do it monthly, rather than annually. Just find the cheapest platform.

Just how I'd think, not advice.

atush

ColdIron wrote: »

So umm, how's the vinegar strategy working out for you?

I don't see it working- I was going to reply but I won't bother to help this numpty.

If you post a question (twice ) and were answered already, it is perfectly fine for a poster to bring it up. AS some are a bit careless and lose their thread.

Should you have said, "I didn't like/understand the replies I got previously so I am trying again" That might be another matter.

catoutthebag

ColdIron wrote: »

So umm, how's the vinegar strategy working out for you?

Not as well as you'd think, given the replies, stalker

catoutthebag

bowlhead99 wrote: »

You haven't said exactly what you currently hold (you left a .. at the end) or in what proportions. It is too much to expect a full analysis as we're not selling you an IFA service. If you want only 20% fixed income instead of the higher non-equity component you might have through the current choices, Vanguard 80 would seem fine as a long term buy and hold for the small amounts we're talking about (IMHO).

Generally you can't get something for nothing so yes you will be paying a platform fee to whichever platform you use to hold the investment. Example 0.25% at Charles Stanley Direct, 0.35% TD Direct, 2 pound a month at Hargreaves.
I wouldn't engage an IFA for 50 a month unless it was free as part of another service. But it was you that said you had done exactly that so I'm not sure why you don't understand why someone would do it and what the "!?" exclamation is all about.

On other points:
Yorkie1 helpfully pointed out to all of us that you had posted the same thing elsewhere on the vanguard-specific thread (where you had received a sensible reply within about 20 mins of posting) so that responses could be made without too much duplication (generally duplicate posts are annoying to all).

You flew off the handle at this and RPW thought you a bit odd for doing so.

Coldiron helpfully suggested you would get more free advice by being nice to people rather than condescending.

I took pity on you (we've all been young and naive at some point) and spent some of my personal free time giving a measured response to the facts at hand.

You then make two further posts taking the !!!! out of the other contributors.

If I was a sarcastic person, I would say "wow you seem really grateful for the free guidance you are getting".

Good luck with your endeavours, you will need it.

I explained the reason for duplication - if you don't understand, re read my post, it was justified creating a new thread.

Won't need luck with free advice here and my financial plans in good order :rotfl:

Thanks for the rest of your mildly helpful post, though

catoutthebag

redbuzzard wrote: »

It's six and half a dozen. Perfectly reasonable to do LS as well as your existing monthly ISA.

Assuming it's long term, regular contributions, why not do LS 100% global equity for the new £50/month, especially as the fixed income element is perceived to be relatively expensive now, you have it covered to some extent in the existing ISA, and volatility shouldn't worry you for some time?

And I'd do it monthly, rather than annually. Just find the cheapest platform.

Just how I'd think, not advice.

Thanks for that. Definitely look into this and consider

Will it offer efficiency not being in a tax wrapper given ive an ss isa already set up

catoutthebag

atush wrote: »

I don't see it working- I was going to reply but I won't bother to help this numpty.

If you post a question (twice ) and were answered already, it is perfectly fine for a poster to bring it up. AS some are a bit careless and lose their thread.

Should you have said, "I didn't like/understand the replies I got previously so I am trying again" That might be another matter.

Use your small head. I'd got a reply or two. I've explained why a set up a new thread. And there was no need for the other poster to reference it.
I've gained more useful replies than I would have done in a non specific thread. Geddit?!
Ps-keep your advice

Gadfium

catoutthebag wrote: »

Use your small head. I'd got a reply or two. I've explained why a set up a new thread. And there was no need for the other poster to reference it.
I've gained more useful replies than I would have done in a non specific thread. Geddit?!
Ps-keep your advice

atush

you just dont' get it. You got one main reply, and even they told you off for your snide and rude behavior.

So take my advice and don't slam the door on the way out.

Or be nice and get better/more replies than one or two out of 18 posts.

bowlhead99

Gadfium I'm not sure if that is something that can Get Screwed, is a Stop-C0ck, or simply a Knob?

The sentiment is pretty clear though