Where to start drip feeding 2014...

Sanoffo

Hi, I think I'm ready to start spicing up my portfolio after saving my emergency fund of 7k - hoorah! This leaves me with £300/month 'investment' money that I'd like to start drip feeding, however my ISA wrapper is maxed out this year already. Would you advise waiting until the new tax year or start now?

Also, what are your top pick drip feed funds for 2014?

I'm 28 with solid income so feel I can take some more risk.

Assets:
15k Vanguard Life Strategy 80%
7k emergency fund
Pension
No debts

DaveTheMus

if you want to be risky risky you could invest in some AIM companies in the Oil and Gas sector, specifically the ones involved in Shale....

I personally think it'll be a good period of growth for these smaller companies, I'm invested in a few but relatively small amounts to the rest of my investments.

if you're looking for a fund the only one I'm in is Fundsmith, watch some of Terry Smith's speech's at the AGM and he makes alot of sense.... i'm sure some other more experienced posters will be along shortly to recommend some other funds

ChesterDog

Take a look at Scottish Mortgage Investment Trust by Baillie Gifford. It is actually nothing to do with Scotland or mortgages. :-)

http://www.bailliegifford.com/individual-investor/scottish-mortgage-investment-trust.aspx

It can invest in anything and everything to seek a good return, has returned 250% over five years, is a consistent first-quartile performer and does what it says on the tin.

It is currently at only a tiny premium to NAV too.

bigadaj

ChesterDog wrote: »

Take a look at Scottish Mortgage Investment Trust by Baillie Gifford. It is actually nothing to do with Scotland or mortgages. :-)

http://www.bailliegifford.com/individual-investor/scottish-mortgage-investment-trust.aspx

It can invest in anything and everything to seek a good return, has returned 250% over five years, is a consistent first-quartile performer and does what it says on the tin.

It is currently at only a tiny premium to NAV too.

Surely from your description it doesn't do exactly as it says on the tin?

ChesterDog

bigadaj wrote: »

Surely from your description it doesn't do exactly as it says on the tin?

A good point. :-)

My notional tin was really its stated aims rather than its name.

So, perhaps... It does what it says on the back of the tin!

Nicholas-bloody-Parsons

Sanoffo wrote: »

Hi, I think I'm ready to start spicing up my portfolio after saving my emergency fund of 7k - hoorah! This leaves me with £300/month 'investment' money that I'd like to start drip feeding, however my ISA wrapper is maxed out this year already. Would you advise waiting until the new tax year or start now?

Also, what are your top pick drip feed funds for 2014?

Some Emerging Market funds have dropped 20% from their 2013 highs.

This is either a buying opportunity or the start of a wider global rout.

If you think the former then I would look there......