how to ensure im not duffing this up......

ValiantSon

Linton wrote: »

The OP is investing £25/month, so £300 in a year. 0.67%-0.37%=90p/year.

Focussing on charges and ignoring everything else is foolish.

Hardly. Over time it will start to add up, and they may find in time that they can afford to invest more. I agree that the difference at present is low, but there is an advantage in keeping costs down. Not spending small amounts unnecessarily provides more in the long run.

ValiantSon

Alexland wrote: »

This week, during a discussion about LISAs, TheShape made me aware that Hargreaves Lansdown have a special 0.13% discount on Blackrock Consensus 85 and 100 so the total cost is 'only' 0.54% and 0.55% respectively.

However as these funds have such a high proportion of shares there will be significant ups and downs which might be very stressful. The other lower volatility Consensus funds are available without any discount.

There are still cheaper options but at £25 per month it's unlikely to be worth paying the exit fee and the HL service quality might need the OPs needs.

I was unaware of the HL discount.

I wouldn't advocate paying the exit fees if already invested, only exploring other options if not.

BLB53

Just wondering if you could set up a SIPP rather than a S&S ISA and that would provide an extra 25% automatic uplift to your contributions...£75 per year?

Also does anyone know if there is a very good trusted guide in the most simple plain english?

A couple of decent sites worth a look are
Monevator http://monevator.com/category/investing/

and DIY Investor
http://diyinvestoruk.blogspot.co.uk/p/basics.html

Tygermoth

Thank you for the replies

The DIY investor is perfect for me. Short snappy and clear _ so i am slowly reading through the modules.

I really appreciate everyone taking the time.