The "Save 12k in 2015' Thread!

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Spreadsheet and front page updated

Looking forward to lots of numbers being submitted/posted this week!

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We're up to 200 members :j :j

enthusiasticsaver

I shall be declaring later on this week after OH gets paid tomorrow. I am in two minds as to whether to put the last £250 into my investment fund this month to make it up to £1000 as the unit price has increased in the last week and the mantra is buy low and sell high I believe. I could always put it into a different fund I suppose. Good time to buy European Stocks??


Where are other people putting their savings?

edinburgher

I am in two minds as to whether to put the last £250 into my investment fund this month to make it up to £1000 as the unit price has increased in the last week and the mantra is buy low and sell high I believe. I could always put it into a different fund I suppose. Good time to buy European Stocks??

1. A 'mistake' timing £250 will make no difference if you're looking to drip feed £12k this year. Buy low sell high is a good idea, quite hard to achieve consistently.
2. Why would you invest in a different fund? Didn't you choose LS60 for a reason? What has changed to make you decide to add something else in to the mix? You should have a timescale, an attitude to risk and an asset allocation that you chose *for a reason*. If you start taking punts and going off on tangents with trend investing, you run the risk of damaging your eventual outcome.

Where are other people putting their savings?

LS60 and LS80, aiming for c. 70% equities.

Eco_Miser

enthusiasticsaver wrote: »

the mantra is buy low and sell high I believe.

Buy high and sell higher is also acceptable, and is to be expected in a rising market. The important thing to avoid is selling lower than you bought - when prices drop across the board it's easy to start panicking if you're not expecting it.

enthusiasticsaver

Eco_Miser wrote: »

Buy high and sell higher is also acceptable, and is to be expected in a rising market. The important thing to avoid is selling lower than you bought - when prices drop across the board it's easy to start panicking if you're not expecting it.

Yes definitely I agree with that. I am investing for the long term so do not intend selling if or when the price drops. I am researching lots of different funds at the moment though as am reluctant to put all my savings into one, even a diversified one such as Vanguard.

enthusiasticsaver

edinburgher wrote: »

1. A 'mistake' timing £250 will make no difference if you're looking to drip feed £12k this year. Buy low sell high is a good idea, quite hard to achieve consistently.
2. Why would you invest in a different fund? Didn't you choose LS60 for a reason? What has changed to make you decide to add something else in to the mix? You should have a timescale, an attitude to risk and an asset allocation that you chose *for a reason*. If you start taking punts and going off on tangents with trend investing, you run the risk of damaging your eventual outcome.



LS60 and LS80, aiming for c. 70% equities.

I intend investing in a number of funds over the year but keeping the VG LS60 as a core fund with some active satellite funds/passive trackers also which I am researching at the moment. That was always my intention as I am reluctant to put it all into just one fund even a diversified one such as Vanguard. I am investing for the long term so do not intend selling for some years to come.


Point noted about trying to time the market. I am trying to resist looking at the price every day but every time I go on to place a trade the value is right in front of me.

edinburgher

I am reluctant to put it all into just one fund even a diversified one such as Vanguard.

Why? I'd happily give them all my investing money until I pass the FSCS limit, then I might need to consider another broker, would probably use Vanguard with the second broker, too.

Point noted about trying to time the market.

I'll freely admit to being guilty of it myself, just don't micro-manage it! If there is a significant drop (say 5%+ in a week), I will always open my wallet, there's no harm if you're buying for the long term. All I meant was that as your £250 is only 1/48 of your target for the year, don't get too hung up on it. Time in the market is more important.

natlie

Hi


#186 £2100 / £3,600 think I need to set a higher target


Nat

Lolly88

#139 - £100/ £6000 for this month.

I prioritized paying off debt this month so should save more in subsequent months.