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100K looking to get to 500k in the next 3 years!

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Comments

  • TTMCMschine
    TTMCMschine Posts: 684 Forumite
    Counting only cash & shares it's around £120K & I'm 38. 12 months ago it was around £7K, but I had a lucky strike with a bit of an unusual windfall (£33K's worth) in Sept 06.
  • Man id love to be paying your CGT bill this year. I would never risk that much and i normally cut at small profits 20-30%. Maybe as i get more money behind me ill risk more :)
  • Do you work for self trade mrx9000 as you have posted the above message more then once - this is known as spamming/advertising.
  • dunstonh
    dunstonh Posts: 121,381 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    Self trade are not a very good place to buy unit trust funds. They are expensive.
    I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.
  • Aegis
    Aegis Posts: 5,695 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    I was thinking that 1 month or so of commission free buying for an execution only service wasn't great when some are essentially commission free all year round.

    Hargreaves Lansdown would be a much better choice for funds than selftrade.
    I am a Chartered Financial Planner
    Anything I say on the forum is for discussion purposes only and should not be construed as personal financial advice. It is vitally important to do your own research before acting on information gathered from any users on this forum.
  • wombat42_2
    wombat42_2 Posts: 1,312 Forumite
    I have reported MRX9000s post as spam.
  • noahveil
    noahveil Posts: 46 Forumite
    - Firstly Selftrade have an offer
    http://www.selftrade.co.uk/fundoffer/
    upto 28th September all fund purchases are commission free, excellent !
    I would recommend opening a Maxi ISA with them and wrapping your funds up in there, trust me it will make sense further down the road, as you won't pay any tax.

    Hargreaves Lansdown are still cheaper for holding funds in an ISA. No selling commission, no annual ISA fee and they rebate some of their trail commission.

    Much of the rest of this particular post is specific investment advice which is against the forum rules - and much of that advice is totally irresponsible considering the poster has not a clue about the OP's personal position.
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