Rate my S&S ISA

Albert_Tatlock_2

Thanks for the advice.

If I'm looking at something like Vanguard Life Strategy, i'm seeing Accumulation or Income.

Am i correct in thinking an Income-based one will pay you the earnings as a dividend, whereas an Accumulator will automatically reinvest the earnings into more units?

nearlyretired2004

You don't get more units - the dividend gets re-invested into the fund and the fund price therefore rises...... making the value of the units you DO own higher.

Albert_Tatlock_2

Ah-ha, okay cheers. Kinda getting to grips with all this now

AlwaysLearnin

Well worth having a look around the Monevator site

http://monevator.com/category/investing/

They have some great articles for beginners.

Albert_Tatlock_2

Think I've decided, after all the excellent advice, that I'll change my:

£100/month from Fundsmith Equity to "Vanguard LifeStrategy 40% Equity Accumulation"

Swap a £50/month from Artemis Income to "Jupiter Merlin Balanced Portfolio Accumulation"


Gives me a lot more Gilts and Bonds whereas before I asked here I was pretty much entirely International Shares (52%) and UK Shares (44%).

What do you think? - a suitable course of action for someone in my position?