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DIY drawdown

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  • jamesd
    jamesd Posts: 26,103 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    HarryD wrote: »
    suppose you had owned a UK All Share Tracker for the past 30 years and had been living off the dividend. How has the dividend per unit changed over that period? Specifically, how much has the dividend per unit fallen when markets have crashed?
    I also don't have the data but he answer is much less. Some companies have reduced profits and pay out less or fail so the effect isn't nil.
  • gadgetmind
    gadgetmind Posts: 11,130 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    The IFA fee is 0.75% which would be £1500/year or 25% of the income! Obviously there are platform and fund charges also but these would be applicable anywhere.

    I pay sub 0.4% for everything, but this is mainly using trackers and I'm 100% DIY.
    I am not a financial adviser and neither do I play one on television. I might occasionally give bad advice but at least it's free.

    Like all religions, the Faith of the Invisible Pink Unicorns is based upon both logic and faith. We have faith that they are pink; we logically know that they are invisible because we can't see them.
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