Timing the Market

darkidoe

Glad to hear from so many like-minded people. Where do you all usually go to after filling up the maximum amounts on April 6? I know it's impressive enough to be able to fill the ISA allowance but if there's more where would you all go to? I am planning to look into SIPPS.

brianh

AndyT678 wrote: »

I think that depends on what exactly you mean by drip feed. If your regular ISA contribution was £1,000 per month from your salary then I agree. But that's not really drip feeding; that's just investing as soon as you have money available to do so.

On the other hand if you are currently sitting on £120,000 of cash that you want to invest but you're drip feeding it in at £1,000 per month so that it will take you 10 years to be fully invested then I disagree. Better to lob it all in at the start IMO.

I would not disagree with that but I was talking about what I consider to be the majority of private investors.

I'm not sure whether it was on forum but I have read comments from some who effectively followed the RBS line of selling everything. At least I didn't go own that route. I suppose I agree with some of the comments which seem to say if you have a strategy (and you should) you should probably keep to it and not be put off by the many things that go bump in the night (unlike this idiot this year!).

talexuser

darkidoe wrote: »

I am planning to look into SIPPS.

Yes, I took out a SIPP, the large tax advantages of Venture Capital Trusts was beyond my risk tolerance. Now I take advantage of the new £5000 dividend allowance.

ischofie1

Broken_Biscuits wrote: »

I got the same book free from my library.

So I'm up an additional £20 plus accumulation and dividends.

#Win.

Didn't you just know that comment was coming. 🙄 Well done for saving £20.