Vanguard Life Strategy

roxy28

Temrael wrote: »

Yep 5 working days at Fidelity and that's from their "ISA cash park" (so no waiting for funds to clear). It feels very slow in this digital age doesn't it.


I think maybe they lump purchases together sometimes so occasionally you get lucky and it's a bit quicker.

Ok thanks.

I opened the ISA 2 weeks ago and thought once that was open the fund can be bought and ready to go instantly, newbie i am to fund buying lol.

JohnRo

Vanguard have been notable for their slow turnaround in my experience.

I've purchased their funds with three different brokers over the last few years and compared with others they've always taken a day or three longer. With CSD it's typically been 4 to 5 days from order before the contract note drops in my inbox.

The tax date will be either on or one day after the date you made the order unless a weekend, bank holiday or tardy provider got in the way.

ColdIron

3 days seems typical, sometimes 2 but can take longer

If it helps I find that the contract note is reliably mailed to you at 8:00 AM

roxy28

Not been able to log in to charles stanley direct now for 4 hours.

In_For_A_Penny_2

roxy28 wrote: »

Not been able to log in to charles stanley direct now for 4 hours.

Same here. . . website seems to be down. Are we missing out on the great sell off in advance of a Greek default?

Kendall80

roxy28 wrote: »

Not been able to log in to charles stanley direct now for 4 hours.

Its working now. Although I wish it hadnt been. I was greeted by a sea of red with only my Japan fund green.


I wont tell the wife how the boys JISAs are doing

JohnRo

Kendall80 wrote: »

Its working now. Although I wish it hadnt been. I was greeted by a sea of red with only my Japan fund green.

All part of the process, just accept and get used to it, it might be that way for quite some time (and worse) but you don't care because what happens now is all but irrelevant in 10 or 20 years time.

It must be most unnerving for a new investor who finally takes the plunge and a few days in see markets behaving like they have for the last week.

I have an uncanny ability to buy my income IT's just before a 5% SP drop, it could be the ex-dividend timing I use but that doesn't explain all of it. They seem to recover eventually, although BRWM and ALAI might be the far end of a long haul.

chockydavid1983

Some great info on here guys, thanks.
I'm 31 so would have about a 40 year time horizon so thinking about the VLS 100. As I understand it this would have the highest volatility but highest expected return over my time horizon?
Further down the line I would be looking to reduce the equity share. Say if I went with CSD, would I have to pay an exit fee if I wanted to transfer what I had in the VLS 100 into a VLS 80?

Thanks,
Chris.

bigadaj

chockydavid1983 wrote: »

Some great info on here guys, thanks.
I'm 31 so would have about a 40 year time horizon so thinking about the VLS 100. As I understand it this would have the highest volatility but highest expected return over my time horizon?
Further down the line I would be looking to reduce the equity share. Say if I went with CSD, would I have to pay an exit fee if I wanted to transfer what I had in the VLS 100 into a VLS 80?

Thanks,
Chris.

No exit fee. When you pay into a vanguard fund they take a dilution fee, sort of an initial charge but it goes into the general fund, denying designed to stop people trading in and out as the principle is long term investing. So if you transferred funds then you'd possibly pay the dilution levy again, but maybe not, I believe it's typically about 0.1% so fairly minimal.

If this long term monthly investing then the other alternative is to amend what you're paying into, if you want to reduce the equity share you could transfer over time into a vanguard 60, or lower. So that the overall portfolio might be an 80 on average.

chockydavid1983

Thanks bigadaj, I always forget the option of having of adding another VG fund to adjust the equity share. Yes this will be monthly drip feeding. I guess if doing it like that I'd have to start early as it would take more time to switch to a lower % given that I'd already have a substantial amount in the VLS 100.

Thanks,
Chris.