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charges - simply?
Seanymph
Posts: 2,882 Forumite
I am looking to drip feed £200 a month into a stock and shares ISA to invest in three funds and leave £50 a month to build to invest in shares that I pick.
I am looking at the platform to use to do this.
iweb charges £5 for buying and selling funds - so am I right in assuming that this would cost me £15 a month (buying 3 x £50).
And that therefore I would be better off with
Cavendish Online (£0 for buying funds)
It also says that cavendish online needs £500 to open - I'm assuming once I've opened it and got it running I can just pay in £200 a month?
I know - amateur questions, but I'm a beginner. I think I understand, but am worried about getting it wrong.
I am looking at the platform to use to do this.
iweb charges £5 for buying and selling funds - so am I right in assuming that this would cost me £15 a month (buying 3 x £50).
And that therefore I would be better off with
Cavendish Online (£0 for buying funds)
It also says that cavendish online needs £500 to open - I'm assuming once I've opened it and got it running I can just pay in £200 a month?
I know - amateur questions, but I'm a beginner. I think I understand, but am worried about getting it wrong.
0
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