What share broker

Totton

The problem with buying shares rather than a collective is for me the need to spread the risk through ensuring all of your capital is not risked in too few holdings. If you have enough capital for say 25 shares, then go ahead with that idea and seek to replicate the holdings of something such as Fundsmith which holds only a small number of holdings rather than the more typical 85-100 found in many funds. Although to do as Fundsmith do you will need an account that allows you trade US and other markets.

Personally I prefer Investment Trusts and am quite happy to hold just a small number of these, I would also be quite happy to hold just one IT such as Witan, RIT Capital Partners, Law Debenture etc, eg. Global outlook rather than a single market unless holding more than a single entity.

For trading I am very happy with the Hargreaves Lansdown platform as they charge nothing to hold IT's, ETF's or Shares unless in an ISA when the fee jumps to £45 per year for the account, however holding funds at HL can work out very expensive once you get above £35k-£50k.

Best of luck!
Mickey

serendipity123

Totton wrote: »

The problem with buying shares rather than a collective is for me the need to spread the risk through ensuring all of your capital is not risked in too few holdings. If you have enough capital for say 25 shares, then go ahead with that idea and seek to replicate the holdings of something such as Fundsmith which holds only a small number of holdings rather than the more typical 85-100 found in many funds. Although to do as Fundsmith do you will need an account that allows you trade US and other markets.

Personally I prefer Investment Trusts and am quite happy to hold just a small number of these, I would also be quite happy to hold just one IT such as Witan, RIT Capital Partners, Law Debenture etc, eg. Global outlook rather than a single market unless holding more than a single entity.

For trading I am very happy with the Hargreaves Lansdown platform as they charge nothing to hold IT's, ETF's or Shares unless in an ISA when the fee jumps to £45 per year for the account, however holding funds at HL can work out very expensive once you get above £35k-£50k.

Best of luck!
Mickey

Thank you Mickey.


The day I get to £35k I will be more than happy to pay the £45 per account charge.


HL platform and TD direct are neck and neck at the moment, will make a educated choice soon.