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s&s isa advise please
Options
HRT_dependant
Posts: 190 Forumite
good morning all
my 25yr old son wants to save 500 per month in a stocks and shares isa looking at long team 10 years +
he has very little knowledge of investment and we are the same,
he wants something he can leave and not have to worry about.
he has been looking at nutmeg on a medium risk.
I just wanted to check there was not anything better before he signs up.
thank you
my 25yr old son wants to save 500 per month in a stocks and shares isa looking at long team 10 years +
he has very little knowledge of investment and we are the same,
he wants something he can leave and not have to worry about.
he has been looking at nutmeg on a medium risk.
I just wanted to check there was not anything better before he signs up.
thank you
0
Comments
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Vanguard life strategy is very popular.
They do different levels of risk based on equities.0 -
Anither option is the HSBC Global Strategy range.
I think legal & general also do something similar.0 -
There are better than Nutmeg.
He should have a read of Monevator and other sites and books on investing before reaching a decision.Eco Miser
Saving money for well over half a century0 -
Vanguard would charge 0.37% per annum and Nutmeg would charge 0.72% per year for similar ISA. Over many years, that extra fee will eat up a good part of your investment.
Vanguard have the Lifestyle funds according to your appetite for risk and plenty of other choices should decide to get more sophisticated in his investment strategy.0 -
Vanguard would charge 0.37% per annum and Nutmeg would charge 0.72% per year for similar ISA. Over many years, that extra fee will eat up a good part of your investment.
Vanguard have the Lifestyle funds according to your appetite for risk and plenty of other choices should decide to get more sophisticated in his investment strategy.
Vanguard Lifestrategy , rather than Lifestyle;)0 -
There are better.
He should have a read of Monevator and other sites and books on investing before reaching a decision.
Out of curiosity and in your opinion what would be better than Vanguard for a novice investor.
Not saying your wrong of course just interested to hear your suggestions.0 -
Some people favour the HSBC Global fundsI’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.0 -
My reply was to the OP. Yours slipped in while I was writing, and and changed the context for that comment. I'll edit it.Out of curiosity and in your opinion what would be better than Vanguard for a novice investor.
Not saying your wrong of course just interested to hear your suggestions.
Blackrock Consensus, HSBC Global and L&G MIx are also worth looking at.Eco Miser
Saving money for well over half a century0
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