Stocks and Shares ISAs, good returns?

capital0ne

ValiantSon wrote: »

Investing is a long term commitment, and a minimum timeframe of less than ten years is inadvisable.

All you say is obvious, so at what age do you stop, investing - 60, 70, 80? How old is WB? has he stopped investing?
As far as I'm concerned I'm continuing with maxing our ISA's out at the start of every year, just topping up our existing portfolio, which is doing very nicely. £40k isn't a terribly large amount going into my portfolio but I like giving less and less to HMG.
I don't need any income from it, our pensions cover all our needs, holidays, cars, treats, etc, and on top of all that the gov gives us dosh to pay for those pesky heating bills and another tenner for Xmas!

bostonerimus

greenglide wrote: »

So you end up dividing by zero?

But division by zero gives and undefined result, not infinity (or at least it did when I was at university).

Presumably we can ignore GBPs approaching 0 from the negative side and so we are left with the ratio tending to a large positive value.

bostonerimus

capital0ne wrote: »

All you say is obvious, so at what age do you stop, investing - 60, 70, 80? How old is WB? has he stopped investing?
As far as I'm concerned I'm continuing with maxing our ISA's out at the start of every year, just topping up our existing portfolio, which is doing very nicely. £40k isn't a terribly large amount going into my portfolio but I like giving less and less to HMG.
I don't need any income from it, our pensions cover all our needs, holidays, cars, treats, etc, and on top of all that the gov gives us dosh to pay for those pesky heating bills and another tenner for Xmas!

When people retire they might be just half way through their investing life. Investing and managing finances is a lifetime thing, not just from 30 to 60......it should be from 0 to 100ish.
I left my last real job at age 52 and I'll hopefully be managing my money for another 40 plus years. My goals will probably change from growth and income production to estate planning to pass on money to relatives and charities, but I'll always have to tend the financial garden.

capital0ne

bostonerimus wrote: »

When people retire they might be just half way through their investing life. Investing and managing finances is a lifetime thing, not just from 30 to 60......it should be from 0 to 100ish.
I left my last real job at age 52 and I'll hopefully be managing my money for another 40 plus years. My goals will probably change from growth and income production to estate planning to pass on money to relatives and charities, but I'll always have to tend the financial garden.

I left my last real job at 47 and became a civil servant! That was my pension sorted.
So investing is just a hobby, and it's fun!
The biggest mistake people make is chopping and changing their investments every few years.
Give it a minimum of 5 years, only check it say twice a year and then just leave it and get on with your life.

bostonerimus

capital0ne wrote: »

I left my last real job at 47 and became a civil servant! That was my pension sorted.
So investing is just a hobby, and it's fun!
The biggest mistake people make is chopping and changing their investments every few years.
Give it a minimum of 5 years, only check it say twice a year and then just leave it and get on with your life.

There's a common theme here. I was a government worker from age 42 to 52 and the DB pension I get from that job now gives me a solid foundation income so I can keep investing my DC pension pots and other savings aggressively without worrying too much

bostonerimus

To the OP....I'd be interested to know how you invested your ISA money. It's been pretty difficult to lose money in the stock market in the last few years. Unless you can save prodigious amounts of money you will need capital growth from equities to fund retirement.

ValiantSon

capital0ne wrote: »

All you say is obvious, so at what age do you stop, investing - 60, 70, 80? How old is WB? has he stopped investing?

My comment was that a minimum term of less than ten years was inadvisable. Your point is irrelevant.

I was trying to give some context to the OP who it would appear has not previously grasped the nature of investments.

capital0ne wrote: »

As far as I'm concerned I'm continuing with maxing our ISA's out at the start of every year, just topping up our existing portfolio, which is doing very nicely. £40k isn't a terribly large amount going into my portfolio but I like giving less and less to HMG.

Yes, we all know how much you like to boast about how fabulously wealthy you are.

capital0ne wrote: »

I don't need any income from it, our pensions cover all our needs, holidays, cars, treats, etc, and on top of all that the gov gives us dosh to pay for those pesky heating bills and another tenner for Xmas!

https://www.youtube.com/watch?v=U8Kum8OUTuk