Best way to invest £50 per month in Vanguard Lifestrategy fund

Treacle_Toes

I'm new to investing and want to start off at a low level of £50 per month.

After a bit of research the Vanguard Lifestrategy funds seem attractive, but I'm struggling to understand the best value method of doing so at only £50 per month.

Any advice for an investor in training would be gratefully received!

sadhu99

Cavendish Online has a 0.2% platform fee, and through fidelity/fundsnetwork they allow for a monthly saving plan of a minimum of £50. Ideally get it in an ISA (cavendish online's a good call for the platform), or a SIPP (perhaps check out other platforms).

Should work out pretty well for you, and thumbs up for choosing the lifestrategy funds.

Treacle_Toes

Thanks, I would be looking at getting it as a s&s isa, setting it up and forget about it as part of a long term investment.

I appreciate you taking the time to reply.

dwtmahdc

I've just started myself at £50 a month (applied 2 days ago).
Went for the 80% equity acc through Fidelity.

inspireme247

dwtmahdc wrote: »

I've just started myself at £50 a month (applied 2 days ago).
Went for the 80% equity acc through Fidelity.

Will set up for the 100% soon with CSD, starting from £50.

Check this out: http://www.comparefundplatforms.com/

Treacle_Toes

dwtmahdc wrote: »

I've just started myself at £50 a month (applied 2 days ago).
Went for the 80% equity acc through Fidelity.

That's exactly the one I intend to do.

enthusiasticsaver

I do the 60% Vanguard LS through Cavendish at £250 per month.