The "Save 12k in 2015' Thread!

enthusiasticsaver

I have made my usual £500 monthly payment into my investment portfolio but won't be topping it up at the end of the month by another £500 as we have a bill for conservatory blinds for £895 :eek:. Also I will be opening up a 2015-2016 S and S isa after 6 April and will be transferring my portfolio into that so see no point in paying in £500 to buy units at the end of March and then selling immediately at the beginning of April to transfer into the ISA wrapper. Will hopefully pay in £1500 in April to get back on target. Form submitted for March and thanks for all your work SF.

TheBunting

enthusiasticsaver wrote: »

I have made my usual £500 monthly payment into my investment portfolio but won't be topping it up at the end of the month by another £500 as we have a bill for conservatory blinds for £895 :eek:. Also I will be opening up a 2015-2016 S and S isa after 6 April and will be transferring my portfolio into that so see no point in paying in £500 to buy units at the end of March and then selling immediately at the beginning of April to transfer into the ISA wrapper. Will hopefully pay in £1500 in April to get back on target. Form submitted for March and thanks for all your work SF.

Investment portfolio? Is that your stocks and shares ISA? I have just opened one and had to chose a level of risk etc for my funds.

slowlyfading

Spreadsheet and front page updated

enthusiasticsaver

TheBunting wrote: »

Investment portfolio? Is that your stocks and shares ISA? I have just opened one and had to chose a level of risk etc for my funds.

I can't open a stocks and shares isa until after 5 April as I have already saved £15k in a Coventry BS fixed term cash isa for this year. I have been investing in the Vanguard lifestrategy 60 fund (60 equities and 40 bonds/fixed term investments). Which fund did you go for?

Wentthedaywell?

enthusiasticsaver wrote: »

I can't open a stocks and shares isa until after 5 April as I have already I have been investing in the Vanguard lifestrategy 60 fund (60 equities and 40 bonds/fixed term investments). Which fund did you go for?

I did the same, enthusiastic! It was a simple plumping for something people seemed to be happy with, as I was in danger of being paralysed by choice! . I don't think I'll be putting the full £15k in this coming year as I am putting most my savings into a AVC to take as cash when I retire (and will reinvest in S&S then).

Trixxibell

Thanks for adding me SF. Can I just double check, do we update the spreadsheet via the form on page 1 at the end of each month?

Looking forward to saving so I can make a early settlement payment.

killerpeaty

Wentthedaywell? wrote: »

I did the same, enthusiastic! It was a simple plumping for something people seemed to be happy with, as I was in danger of being paralysed by choice! . I don't think I'll be putting the full £15k in this coming year as I am putting most my savings into a AVC to take as cash when I retire (and will reinvest in S&S then).

I also did this, but now I'm thinking I should have gone for the 80% one. Though, had I done that, probably would be saying that I wish I'd gone for the 60 :rotfl:

I don't count my investments in the saving goal though, I want to keep it separate as I want to keep this (almost) for life (in whatever fund is best for me in that period). I want to use the savings here as a deposit. Having said this, I have no idea if this matches with what I said in my introduction post!

Trixxi, I think you can update whenever you want, but with the update form.

Wentthedaywell?

killerpeaty wrote: »

I don't count my investments in the saving goal though, I want to keep it separate as I want to keep this (almost) for life (in whatever fund is best for me in that period).

I'm counting my AVC as savings, but don't count the tax savings or any rise in value so hopefully the end result will be better than I am stating here every month. Of course, there could always be a catastrophic fall in share values and I lose money! :eek:

TheBunting

enthusiasticsaver wrote: »

I can't open a stocks and shares isa until after 5 April as I have already saved £15k in a Coventry BS fixed term cash isa for this year. I have been investing in the Vanguard lifestrategy 60 fund (60 equities and 40 bonds/fixed term investments). Which fund did you go for?

Very nice!
I went for medium risk. I could go for higher because I'm young and will have longer to wait for it to perform but could switch to something more suiting when I have learned more about S&S isas.

slowlyfading

Trixxibell wrote: »

Thanks for adding me SF. Can I just double check, do we update the spreadsheet via the form on page 1 at the end of each month?

Looking forward to saving so I can make a early settlement payment.

You do!