£100000 to invest where and how to?

lozzy1965

justme111 wrote: »

Not sure what your problem is with that conversation , I found it informative and on topic

Thanks for that, and apologies to the OP and all who thought it was fruitless, but how does one argue ones case without a lot of toing-and-froing?
I have now taken a step back, and maybe I was answering too quickly and getting into too much of an argument with JonRo, it was not my intention. My intention was to promote what I regard as the best return on an investment of 100K.
I now clarify that an investment in shares on a buy and hold for large dividend returns is what I was proposing. Shares for growth and for regular trading WILL be more expensive than funds.
I hope that clarifies my position and I hope I have not started another 'argument'. Good luck with your investment choices, whatever they may end up being

donmaico

lozzy1965 wrote: »

Thanks for that, and apologies to the OP and all who thought it was fruitless, but how does one argue ones case without a lot of toing-and-froing?
I have now taken a step back, and maybe I was answering too quickly and getting into too much of an argument with JonRo, it was not my intention. My intention was to promote what I regard as the best return on an investment of 100K.
I now clarify that an investment in shares on a buy and hold for large dividend returns is what I was proposing. Shares for growth and for regular trading WILL be more expensive than funds.
I hope that clarifies my position and I hope I have not started another 'argument'. Good luck with your investment choices, whatever they may end up being

ok, thank you

donmaico

just to resuscitate this thread and I know this is a punt but I am looking at the short term first, say maybe ht 2-3 years before my wives decides to liquidate her pensions which together with our existing cash deposits will mean we will then have a decent pot to invest,In the meantime I am looking for advice as to what to do with my current share ISAs which are as follows :

A)Fidelity European - change to Fidelity Money builder Income
B)Fidelity Global healthcare- leave alone but start investing extra into it
C)Schroder mid cap 250l increase investment amount
D)Invesco Perpetual European small companies change to Invesco Perpetual high Income (for growth)

My reasoning is as follows:
A) I have the largest pot here so I though the proposed change would be more conservative and therefore more cautious
this fund I froze some yeas back because it was doing nothing but since hone it has gone up 83% in 3 years so I thought i would take a punt by restarting a fairly small monthly investment into it,say£50 pm
C)Not sure about this one.I performed very well per 3-5 years period but not so in the last year, although there might be signs of a pick up.
D) I thought of changing this one to a one with a better record

In all four instances I wish to keep costs to a minimum which is why I want to keep things within the relevant platform and within house as far as Invesco perpetual is concerned and only pay switching costs as well as what I am paying at the moment and without involving an IFA
My longer term aim is to go to a wealth manager ,such as Brewin and Dolphin, with the pot I hope to accrue and then let the suggest a portfolio with a decent spread into which I can invest it
Thanks

dunstonh

My longer term aim is to go to a wealth manager ,such as Brewin and Dolphin

So, you must be talking about a large portfolio. I know they will take smaller investors on but there is little value they can add unless the portfolio is very large (£1m plus say).

Your current and proposed funds leaves you in a very high risk spread. Way above the typical risk tolerance of a UK investor. Your changes do little to reduce risk. Not consistent with your comment to be "more conservative and therefore more cautious".

donmaico

dunstonh wrote: »

So, you must be talking about a large portfolio. I know they will take smaller investors on but there is little value they can add unless the portfolio is very large (£1m plus say).

Your current and proposed funds leaves you in a very high risk spread. Way above the typical risk tolerance of a UK investor. Your changes do little to reduce risk. Not consistent with your comment to be "more conservative and therefore more cautious".

I only mentioned them as an example thats all , in fact an IFA we spoke to 2 years ago suggested we do that but since then we heard nothing more from him any more than we heard from the one we saw back in april (which we found in Unbiased)hence why i pretty much gave up on IFAs. I may try another though.
All i want to do is to make regular monthly payments of about £300 into whichever number of funds make sense whilst switching from existing ones , but i want to keep costs as low as possible .Thats the short-term .In the long term I want to make the kind of spread I mentioned, possibly 100k-150k , which then pays an income.If thats not feasible I'll buy another property to let and get 5% from that

Invesco have quoted me 3% pm plus an additional 1.7 pa which seems high to me.When I read their literature online it said 5% to setup the fund I have with them and then 1.2% annually, so i am confused.Making a switch would cost an extra 1%

By the sway the Fidelity Money builder I found on HL'website where they mention it as conservative fund and one of their top 150s

the only thing I can think for then IFAs apparent lack of interest is that the relatively short period of time would not allow sufficient time for any discernible growth bearing in mind charges and how markets fluctuate.Still he could have suggested just putting the saving in a cash iSA and then when the time was right ,he could then make appropriate suggestions

donmaico

i think what i have in mind doing is hanging on to one of the volatile funds paying a small amount each month into it and open a couple of multi asset funds ,one in my wife and wife's in my name. Invesco perpetual distribution and Aviva distribution are two that come to mind