Orbis £100 match offer - Now Ended

djpix99

I haven't noticed anyone mention receiving their bonus since the offer returned, I just received my £100 bonus after investing into an ISA on 20/03/18.

Alexland

Yeah our 5th £100 bonus was invested in my ISA this week.

My son and wife's ISA/JISAs from early last tax year (which have proper money in) are both doing okay and I have topped up the JISA for this tax year so he now has circa £8.6k growing in fee-free units.

The pair of £200 adult GIAs we took out in Jan 18 (when previously GIAs were part of the offer) are showing a circa 8% loss but still clearly in profit against the original £100 contributions.

My (now) £200 ISA from this tax year is a few pennies up.

Alex.

Mummy2cheekymonkeys

Hi. I was thinking of investing in a s&s isa and was looking into it this morning. I have regular savings and an emergency fund and we are also overpaying on our mortgage but was interested in putting some money into stocks and shares. I currently hold shares in Tesco (purchased via a saye scheme) and it has made me think more about investing.
Would the orbis deal work for me. I basically want to have the money invested for me and all the hardworm done. As I don't know what I am doing. Would the orbis isa be an good for me. I also don't want to be investing too much at the moment maybe £100 a month to start with?

Alexland

Mummy2cheekymonkeys wrote: »

Hi. I was thinking of investing in a s&s isa and was looking into it this morning. I have regular savings and an emergency fund and we are also overpaying on our mortgage but was interested in putting some money into stocks and shares. I currently hold shares in Tesco (purchased via a saye scheme) and it has made me think more about investing.
Would the orbis deal work for me. I basically want to have the money invested for me and all the hardworm done. As I don't know what I am doing. Would the orbis isa be an good for me. I also don't want to be investing too much at the moment maybe £100 a month to start with?

I don't see why it wouldn't work for you if you invest the first £100 before the offer deadline; it's a pretty simple website so they will do the 'hardworm'. However it's also worth considering if investing for retirement via your pension might be more beneficial.

With Orbis you would only need to decide if you want to invest in their Global Equity (high volatility) or Balanced (medium volatility) fund. They are contrarian investors so the underlying investments are going to be different to the benchmark so at times they will do better and other times they will do worse. It is a performance fee structure so when they do well it's expensive and when they do badly they refund. On average it will not be low-cost but they have a history of generating good long term returns.

I would imagine their current fund performance problems are partly down to Sberbank of Russia being a top 10 holding. My wife (who lived in Russia and once worked in a sugar factory) tells me that is is a very well respected bank and it makes up a large proportion of the Russian stock market however the Trump and Putin aggression is affecting its valuation at the moment.

My wife's factory bonus was paid in a free bag of sugar but the problem was that nearly everyone in the town worked in the same sugar factory and had also received a free bag of sugar so their bonuses were basically worthless.

Alex.

stphnstevey

djpix99 wrote: »

I haven't noticed anyone mention receiving their bonus since the offer returned, I just received my £100 bonus after investing into an ISA on 20/03/18.

Note, it was confirmed that the bonus counts as a subscription to an S&S ISA in the tax year it is received, so you cant open another S&S ISA with new subscriptions this tax year

MallyGirl

Alexland wrote: »

Yeah our 5th £100 bonus was invested in my ISA this week.

My son and wife's ISA/JISAs from early last tax year (which have proper money in) are both doing okay and I have topped up the JISA for this tax year so he now has circa £8.6k growing in fee-free units.

The pair of £200 adult GIAs we took out in Jan 18 (when previously GIAs were part of the offer) are showing a circa 8% loss but still clearly in profit against the original £100 contributions.

My (now) £200 ISA from this tax year is a few pennies up.

Alex.

DD's JISA has received the bonus too.

Alexland

If only I could find 1,999 similar offers and we would have a million quid of cashback and bonuses!

We are still waiting for around £800 of cashback and bonuses from other financial products to come in.

stphnstevey

Alexland wrote: »

If only I could find 1,999 similar offers and we would have a million quid of cashback and bonuses!

We are still waiting for around £800 of cashback and bonuses from other financial products to come in.

What are they for?

Alexland

stphnstevey wrote: »

What are they for?

All sorts including going for the £125 each on the recent Moola GIA promotion, £125 First Direct switching (we just got the Natwest switching payouts), Zopa referals (circa £80 profit on a £1k loan repaid early), TopCashback on life insurance (circa £40 profit per policy), etc.

MallyGirl

Am considering £100 each to referrer and referee for £500 investment in Kuflink.