Scottish Widows stocks and shares isa

badger09

missymouse wrote: »

Scottish widows idea came about because a relative did very well and is still doing so. She will show me which funds were invested in and she originally did it through the Halifax.

SonOf wrote: »

Halifax funds were generally poor quality and not good value for money. Remember that the last decade, virtually everything has gone up. However, just because it went up does not mean it is a good option.

My husband thinks his Scottish Widows S&S ISA (FTSE 100 only:eek:) has done well. However, compared to the same amount invested which I xferred to VLS100 (other Global funds of funds are available:p) 4 years ago, mine is now worth over 30% more than his:)

missymouse

That’s good to hear.

Some of my relatives other investments haven’t done so well in comparison to SW.

missymouse

I still fancy a flutter on the stock market.

Are the tips in newspapers rubbish?

coyrls

missymouse wrote: »

I still fancy a flutter on the stock market.

Are the tips in newspapers rubbish?

What do you think and why?

missymouse

I suppose because others make money out of it and I want to learn. I could do Bingo instead (joke).

Perhaps I should drip some more cash into my Nutmeg S&S. It has made some money

LHW99

Why not continue your existing amount into Nutmeg, and then open a regular saver (non-ISA) account with the extra.
https://www.moneysavingexpert.com/savings/best-regular-savings-accounts/
You get a higher rate than most instant savings accounts / cash ISA's, and then when the regular saver matures in 12 months you could put the money into a cash (or S&S) ISA and take out a new regular saver.
You could use the 12 months to do some more reading on here, and in some of the other web pages / books people suggest so that you have a bit more knowledge of the options.

missymouse

Yes, thanks. I do 2 accounts like this already.

I will keep on reading up and making notes. Thanks

I may open a Virgin account

badger09

missymouse wrote: »

I suppose because others make money out of it and I want to learn. I could do Bingo instead (joke).

Perhaps I should drip some more cash into my Nutmeg S&S. It has made some money

Those who "make money" when they "have a flutter on the stockmarket" will be very keen to talk about it. Those who lose some, or all of their money, will be less keen to tell you;)

eskbanker

badger09 wrote: »

Those who "make money" when they "have a flutter on the stockmarket" will be very keen to talk about it. Those who lose some, or all of their money, will be less keen to tell you;)

One of the silent majority who've lost money on shares has posted just now on another thread:

https://forums.moneysavingexpert.com/discussion/comment/76285791#Comment_76285791

AlanP_2

It seems to me that the first thing you need to do is decide WHAT target you are aiming for and WHEN you want to hit it- what is your objective?

Once you are clear on what you want to achieve you can ask for advice and research the HOW to get there, and once you have done that you can work out WHO with.

At the moment you seem to be focused on "WHO" and ignoring the others which should precede that decision.