Stocks and Shares ISA

bostonerimus

CaptainWales wrote: »

I like the idea of investing ina product rather than individual shares. So instead of holding different shares I would have a medium / high risk package. Im open to suggestions, main priority is not to have so much in cash. I have limited free time so dnt to actively buy and sell shares.

You have all the right instincts. Take a look at the various "multi-asset" funds available. These will give you a diverse mix of stocks and bonds. The Vanguard Life Strategy range are popular but there are others from L&G, Blackrock etc.Take the time to learn about investing, that's the best investment you can make, and you'll be able to come up with an asset allocation that makes you happy. By avoiding "Distillery Porpoise" you'll have saved at least 1.3% in fees right from the start.

bigadaj

dunstonh wrote: »

250 years of history. Nothing wrong with their name. Better than some of the modern meaningless names that are conjured up nowadays.

Well it's far better to pay a branding consultancy six figures to come up with a meaningless name, presumably with some connection to the chairmanship wife.

I think bosoneronimus has taken offence at a pre 1776 financial institution, eventhough he was originally a red coat himself.

bostonerimus

bigadaj wrote: »

Well it's far better to pay a branding consultancy six figures to come up with a meaningless name, presumably with some connection to the chairmanship wife.

I think bosoneronimus has taken offence at a pre 1776 financial institution, eventhough he was originally a red coat himself.

I was amazed that a company can extract money from people for so long.....no thought about the Revolutionary War, although I do have strong opinions about how that is mythologized in the US and basically ignored in the UK.

AlanP_2

bostonerimus wrote: »

I was amazed that a company can extract money from people for so long.....no thought about the Revolutionary War, although I do have strong opinions about how that is mythologized in the US and basically ignored in the UK.

We prefer to forget our less succesful military endeavours and focus on the positives - glass half full and all that :beer:

bigadaj

AlanP wrote: »

We prefer to forget our less succesful military endeavours and focus on the positives - glass half full and all that :beer:

They do get very touchy about us burning down the White House though, and that's iver two centuries ago.

bigadaj

bostonerimus wrote: »

I was amazed that a company can extract money from people for so long.....no thought about the Revolutionary War, although I do have strong opinions about how that is mythologized in the US and basically ignored in the UK.

A long record is generally a good thing, though times change and things develope, jack noddle didn't invent investing after all, and though he's now quite old he doesn't date back that far.

I think soemthing f&c dating back well over 150 years now, and many investment trusts dating back to the nineteenth century is generally a good thing.

bostonerimus

bigadaj wrote: »

They do get very touchy about us burning down the White House though, and that's iver two centuries ago.

Yes, and they believe they won the War of 1814 rather than squeaking a draw and if you ask the Canadians you'll get a totally different answer. It was an incredibly brutal war along the US Canadian border.

bostonerimus

bigadaj wrote: »

A long record is generally a good thing, though times change and things develope, jack noddle didn't invent investing after all, and though he's now quite old he doesn't date back that far.

I think soemthing f&c dating back well over 150 years now, and many investment trusts dating back to the nineteenth century is generally a good thing.

Well Bogle is getting up there, he increasingly looks like Davros (.....Dalek creator).

A long record of status quo ripping the investor off isn't anything to be proud about. Of course I don't really know how much "Distillery Porpoise" charged in the past, but going on their current fees, I doubt they were doing their utmost to reduce them back in the 18th century.

Vanguard certainly hasn't been around for 250 years, it was established in 1976 and has some funds like Wellington that has existed since 1928. So it's got some history and it's one of keeping fees low to the customer and I'll take that over a fee of 1.3% from a hop head marine mammal. But Vanguard is just one low cost option and go with the one you like, just don't pay ridiculous fees.