Investing £17k

kidmugsy

Know thyself! You are not good at investing, so don't do it. Put the money away in high interest cash accounts and wait until there is a stock market crash so humungous that even you will do well by buying up shares then.

Eggbertyone

Thanks u might just have hit nail on the head!

jimjames

Eggbertyone wrote: »

From jan 2000 I invested £80 pm for 8yrs it was unsatisfactory so I changed isas then £125pm for 7yrs total 17,5k invested ISAS value 17.5k

Thanks financial advisers

An ISA is just a wrapper than can have many investment inside it.

What exactly did you invest in?

masonic

badger09 wrote: »

I would be genuinely interested to know precisely what you invested in between 2000 and 2007, and between 2007 and 2014 which have performed so badly.

You do realise there was a global financial crisis which began in 2007:cool:

It would have been quite possible to drip feed into global equities from the market peak around 2000 to the beginning of the financial crisis in early 2008 and come out with zero return. However, from there substantial gains would have been expected, no matter what the investments were.

I too would like to know what the investments were, as I'm struggling to believe such a poor result could have been possible, even with poor investment choices.

badger09

Somehow, I don't think Eggbertyone is going to tell us :cool:

Eggbertyone

Ok, quite why someone would think I was not going to tell where investment had been made is beyond me... I came here to seek some suggestions so why I wouldn't give the info slightly baffles me, like many people I'm not great at understanding these things I just want my saving to do as well as they can
For 8yrs I invested £81pcm in a Legal and General stocks n shares isa to pay off an endowment mortgage, I then changed this in 2008 to an ISA with Sterling £125 pm with units in JPM nat resources, Jupiter merlin growth portfolio Henderson emerging markt opps Aberdeen emerging markts and M&G managed growth,no secrets no shame also no luck.
Yes I'm fully aware of the stock market crash
I wasn't aware that there'd be a smug person on these forums
Anyway like I said no secrets... This is all the info I have, I'm looking for some advice of what to do with my 17.5k
I realise my "gamble" hasn't paid off in the high risk isa's however I'm clearly not a total mug as I've saved quite a lot of money and not wasted it.
Looking for pleasant helpful advice not smugness
Look forward to any kind thoughts

anoncol

Do you have any savings outside your ISA? If not i would at least split it and put some in high street interest accounts even though they aren't tax free, i see no benefit at this time of ISAs unless you want to protect stocks/shares profit.

Eggbertyone

Thanks anon..I'm moving towards this idea, I do have some other money (£3 or 4k) that comes my way every 12/18mnths as dividends from shar in properties I own and I use that to cover emergencies . I know there's no sure fire way of making money make more money,
Thanks for taking the time to reply

masonic

Eggbertyone wrote: »

I then changed this in 2008 to an ISA with Sterling £125 pm with units in JPM nat resources, Jupiter merlin growth portfolio Henderson emerging markt opps Aberdeen emerging markts and M&G managed growth,no secrets no shame also no luck.

No luck indeed. I've thrown in a simple global index tracker in the below plot, just to illustrate it beat all of those funds over the last 5 years (and I suspect beat your portfolio average since 2008), so perhaps with your luck, index tracking is the way forward

http://www.trustnet.com/Tools/Charting.aspx?typeCode=FMGMGA,FSPCOM,FAFEMA,FGEEMA,FGEBGA,FLGGTIA

The major detractor here is the JPM Natural Resources fund, so I guess it made up more than the typically suggested maximum of 5-10% of the portfolio.

Gadfium

I'm no expert (far from it!), but if I was you then I'd be thinking of how long until you need the money. if it's less than 5 years, then I wouldn't want it all in the stock market. If it's longer and you don't mind risk, then you could do a lot worse than sticking some or all of it in a "fire and forget" fund. I personally use the Nanguard Lifestrategy and it's worked for me so far (18% growth over 2 years on monies chucked in in lumps).

It all depends on your individual needs, aspirations and circumstances.