A Journey of Many Pounds Starts With a Single Penny
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The hamburger analogy0
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I drip feed into a S&S ISA...and keep tracking it on an app on my phone. I use HL. Basically I am up, even if there is turmoil as I generally buy in order to hold. I am also much more involved in trying to get my pension in a good place...again having it on my phone makes me much more likely to drip feed in the funds and I certainly enjoy it when the tax refund comes through a few months later so I can allocate that too!MFiT-T4 Member No. 96 - 2022 is my MF goal
Winter 17/18 Savings Rate Goal: 25% [October 30%] :T
Declutter 60 items before 31.03.18 9/60 ** LSDs Target 10 for March 03/10 **AFDs 10/15 ** Sales/TCB Target 2018 £25/£500 NSDs Target 10 for March 02/10 Trying to be a Frugalista:rotfl::T1 -
There are some cheaper options if you CBA moving, not sure if HL charge exit fees?1
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edinburgher wrote: »I think you're probably being too conservative. I remember when public sector colleagues were retiring in receipt of pretty decent pensions and I was flabbergasted that their IFAs were suggesting very high risk portfolios for their AVCs and ISAs etc. in retrospect, it made perfect sense. You have a guaranteed 'floor', so you can afford to take more risks than someone without it.
I think you are probably right to be honest. It's not as if I'm going to suddenly put all our savings into equities - initially I'm going to only be putting small sums into the S&S ISA, so I could probably withstand a slightly higher percentage of equities within the ISAEarly retired - 18th December 2014
If your dreams don't scare you, they're not big enough1 -
Hi Ed, there probably are..but I am pretty happy with the service, software etc so plan on sticking with them for a while.
Main thing for me is to be disciplined enough to be actually investing...and not getting distracted by other things eg. holidays, food or ephemeral items! :eek:MFiT-T4 Member No. 96 - 2022 is my MF goal
Winter 17/18 Savings Rate Goal: 25% [October 30%] :T
Declutter 60 items before 31.03.18 9/60 ** LSDs Target 10 for March 03/10 **AFDs 10/15 ** Sales/TCB Target 2018 £25/£500 NSDs Target 10 for March 02/10 Trying to be a Frugalista:rotfl::T1 -
If you have a game shop near you (game. Cex. Even some second hand mobile dealers) you will get a fab deal. My mum got my brother a brand new xbox for 80 quid with 3 games because the boy had two for xmas. Also try local facebook selling pages. Save yourself a fortune.1
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Unfortunately, I've already bought it hence the squeeze but I will bear that in mind for the future as it didn't occur to me to try those options.MortgageStart Nov 2012 £310,000
Oct 2022 £143,277.74
Reduction £166,722.26
OriginalEnd Sept 2034 / Current official end Apr 2032 (but I have a cunning plan...)
2022 MFW #78 £10200/£12000
MFiT-6 #28 £21,772 /£750001 -
Brizzled I am already a bit obsessive with checking my accounts on my phone so I wonder what an ISA app would do to me! Now that I have discovered I can check my pension online through the employee portal in work I have a new hobby.
Seriously though, I think for most small investors, drip feeding into a tracker is probably the most savvy way to build the foundation of your portfolio. You can add other bits on top if you have the time and inclination.MortgageStart Nov 2012 £310,000
Oct 2022 £143,277.74
Reduction £166,722.26
OriginalEnd Sept 2034 / Current official end Apr 2032 (but I have a cunning plan...)
2022 MFW #78 £10200/£12000
MFiT-6 #28 £21,772 /£750001 -
No unplanned spending yesterday and hopefully today will be a NSD. I am going to spend the weekend doing some number crunching and general financial admin. I have such an exciting life.
Just plodding along today.:)
8 days to the end of the Xbox squeezeMortgageStart Nov 2012 £310,000
Oct 2022 £143,277.74
Reduction £166,722.26
OriginalEnd Sept 2034 / Current official end Apr 2032 (but I have a cunning plan...)
2022 MFW #78 £10200/£12000
MFiT-6 #28 £21,772 /£750001 -
I am the same with being obsessed checking stuff!DFW (08/08) £64,346.53 Gone (02/19)
MFW (08/08) £118k Gone (09/23)1
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