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Stocks and Share's ISA - How do they Work?

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Comments

  • Cotta
    Cotta Posts: 3,667 Forumite
    It will be long term investing drip fed at the start.

    However this Orbis offer that matches investments up to £100 maybe worth a try? Can a S&Ss ISA be created from this or am I overcomplicating thing?

    https://forums.moneysavingexpert.com/discussion/5775047
  • MallyGirl
    MallyGirl Posts: 7,536 Senior Ambassador
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    Orbis offers an ISA or a general investment account (GIA). It is an unusual charging methodology though - fine for a little play but I wouldn't put everything in there (personally speaking, you must do your own research).
    I’m a Senior Forum Ambassador and I support the Forum Team on the Pensions, Annuities & Retirement Planning, Loans
    & Credit Cards boards. If you need any help on these boards, do let me know. Please note that Ambassadors are not moderators. Any posts you spot in breach of the Forum Rules should be reported via the report button, or by emailing forumteam@moneysavingexpert.com.
    All views are my own and not the official line of MoneySavingExpert.
  • JohnRo
    JohnRo Posts: 2,887 Forumite
    Tenth Anniversary 1,000 Posts Combo Breaker
    Cotta wrote: »
    Vanguard Life strategy fund looks almost perfect, are there any downsides I should be aware of?

    Your capacity to weather (paper) losses.
    'We don't need to be smarter than the rest; we need to be more disciplined than the rest.' - WB
  • Cotta
    Cotta Posts: 3,667 Forumite
    JohnRo wrote: »
    Your capacity to weather (paper) losses.

    What do you mean, is this a reference to the fact I've no control over it?
  • MallyGirl
    MallyGirl Posts: 7,536 Senior Ambassador
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    More the fact it may lose money (at some point) and you need to be prepared for that and not panic
    I’m a Senior Forum Ambassador and I support the Forum Team on the Pensions, Annuities & Retirement Planning, Loans
    & Credit Cards boards. If you need any help on these boards, do let me know. Please note that Ambassadors are not moderators. Any posts you spot in breach of the Forum Rules should be reported via the report button, or by emailing forumteam@moneysavingexpert.com.
    All views are my own and not the official line of MoneySavingExpert.
  • Cotta
    Cotta Posts: 3,667 Forumite
    MallyGirl wrote: »
    More the fact it may lose money (at some point) and you need to be prepared for that and not panic

    Fair point but surely that's the same for all?
  • ValiantSon
    ValiantSon Posts: 2,586 Forumite
    Cotta wrote: »
    Fair point but surely that's the same for all?

    Yes it is the same for everyone, but the point still remains that you have to be confident that you can bear that paper loss and not sell up, thus crystalising your losses.
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