2014-2015 isa

jimjames

sparkychris wrote: »

Hello team! I have googled s and s isa's afterreading this and have found the whole thing super-confusing! Can anyone post a link to a s and s isa i could set up before i have my tea?

i currently have a halifax cash isa and its really boring.... i'm not a big investor- just slow and steady really... will be putting in, perhaps £200 a month (As well as my other little bits and pieces)

Here

http://www.hl.co.uk/

as before though an ISA is just a wrapper, down to you to choose what goes in it

Archi_Bald

sparkychris wrote: »

Badger.... no major hurry- i'm just impulsive!
jabbahut 40... thanks for that link... have just opened this... Fidelity PathFinder Foundation 3 Acc (clean). dont know what it means at this stage because i am fearful that my pizza will burn, but am commited to £100 a month by direct debit. will add more manually, if poss!

ace!

thank you, team!

:eek::eek::eek::eek::eek::eek::eek::eek::eek::eek::eek::eek::eek:

how crazy can you get. But if you can afford to p*** away £100 a month instead of educating yourself about investments, well done.

TrustyOven

Archi_Bald wrote: »

:eek::eek::eek::eek::eek::eek::eek::eek::eek::eek::eek::eek::eek:

how crazy can you get. But if you can afford to p*** away £100 a month instead of educating yourself about investments, well done.

I am amazed anyone rushed into getting S&S ISA and selecting the security to put into it.... within 2 hours :eek::eek::eek::eek::eek::eek::eek::eek::eek:

It took me about 3 weeks worth of reading about stocks, before I opened a S&S ISA with Fidelity, selected some securities and then made adjustments after spending another month reading / watching youtube videos about money and stocks (and this was all before any money was actually used to buy funds). Yikes!

Archi Bald, I'm curious... are your :eek:'s because that "Fidelity PathFinder Foundation 3 Acc (clean)" fund is rubbish (is it active management fund?), or simply because of the impulsiveness of the poster and how they dont seem to understand what they have done or why they have done it?


EDIT: Ahh.. I see that it has total cost of 0.90% per year.

jabbahut40

TrustyOven wrote: »

It took me about 3 weeks worth of reading about stocks, before I opened a S&S ISA with Fidelity, selected some securities and then made adjustments after spending another month reading / watching youtube videos about money and stocks (and this was all before any money was actually used to buy funds). Yikes!

I agree. Hence my proposal for the OP to open a S&S ISA and cash park only (assuming he has an initial lump sump to invest today?). If not he might be better off waiting until next tax year and using the time to read up on funds to help build his knowledge. These options are clearly not mutually exclusive. Hope this helps.


Jabba

sparkychris

Oh no! Have i definately ****ed away £100 a month?!
would i have been better leaving it in my 0 per cent interest current account?

badger09

TrustyOven wrote: »

It took me about 3 weeks worth of reading about stocks, before I opened a S&S ISA with Fidelity, selected some securities and then made adjustments after spending another month reading / watching youtube videos about money and stocks (and this was all before any money was actually used to buy funds). Yikes!

Took me several months of reading before I took the plunge, followed by several more weeks before I decided on my first investments.

I know I probably over analyse but opening as S&S ISA and choosing an investment in less time than it takes to burn a pizza is indeed :eek::eek::eek::eek:

badger09

TrustyOven wrote: »

It took me about 3 weeks worth of reading about stocks, before I opened a S&S ISA with Fidelity, selected some securities and then made adjustments after spending another month reading / watching youtube videos about money and stocks (and this was all before any money was actually used to buy funds). Yikes!

Took me several months of reading before I took the plunge, followed by several more weeks before I decided on my first investments.

I know I probably over analyse but opening as S&S ISA and choosing an investment in less time than it takes to burn a pizza is indeed :eek::eek::eek::eek:

Cost of a burnt pizza? £5??

sparkychris

i bought two for £7 so £3.50

karlie88

sparkychris wrote: »

i bought two for £7 so £3.50

Toppings?.

stringer_bell

jimjames wrote: »

You've forgotten that S&S ISAs are also available.

You can put up to £11880 into S&S and cash. Then from July up to £15,000 in either.

so I can put 11,880 into s&s isa tomorrow, and another 15k in july?

or 11800 tomorrow and 3200 more in july?