1st ISA attempt, what have I signed up to.

MallyGirl

Dandytf said:

colsten said:

Dandytf said:

Hi as per my most recent previous posts, it seems I do have INC Income Type Units which since account fund details have appeared online yesterday evening I'm delighted about.
Care to answer my re investment choice of 10 or 25 pounds please.

It still doesn't matter a lot as it will take many years before your £25 will have grown by £10.

Will there be a charge for the re-investment, and how much are your ongoing charges? How are you planning on settling those charges?

Thanks -I'm not online until evening tonight.
There are Charges possibly .6% or up-to 1% though that's guess work which after my Fund Units type misunderstanding I should avoid until I have the charges in front of me.
Payment of Deposits + Charges are currently setup to be debited from Bank Account.

You definitely need to do some reading to understand the charges. If it does turn out that you have Inc not Acc funds, and you have set reinvestment at £10 then you are going to be pretty disappointed if HL charge £7.50 fees to reinvest that £10. To be fair, with dividends being in the region of maybe 4% it is going to take a long time to get to the £10 for this to be an issue.
Acc would be much simpler while you find your feet in this.

Alice_Holt

Dandytf said:

Todays question with this week Global Markets Drops Inc' U.K.
What is the average recovery time if the Virus cause is found and eliminated.
i.e. Do Stocks recover over weeks, months or much longer.

    There is no average recovery time.
    https://www.investopedia.com/a-history-of-bear-markets-4582652
   "Bear markets have come in all shapes and sizes, showing significant variation in depth and duration."
    https://www.thebalance.com/japan-s-lost-decade-brief-history-and-lessons-1979056
   https://www.thebalance.com/stock-market-crash-of-1929-causes-effects-and-facts-3305891
   

Dandytf

MallyGirl said:

Dandytf said:

colsten said:

Dandytf said:

Hi as per my most recent previous posts, it seems I do have INC Income Type Units which since account fund details have appeared online yesterday evening I'm delighted about.
Care to answer my re investment choice of 10 or 25 pounds please.

It still doesn't matter a lot as it will take many years before your £25 will have grown by £10.

Will there be a charge for the re-investment, and how much are your ongoing charges? How are you planning on settling those charges?

Thanks -I'm not online until evening tonight.
There are Charges possibly .6% or up-to 1% though that's guess work which after my Fund Units type misunderstanding I should avoid until I have the charges in front of me.
Payment of Deposits + Charges are currently setup to be debited from Bank Account.

You definitely need to do some reading to understand the charges. If it does turn out that you have Inc not Acc funds, and you have set reinvestment at £10 then you are going to be pretty disappointed if HL charge £7.50 fees to reinvest that £10. To be fair, with dividends being in the region of maybe 4% it is going to take a long time to get to the £10 for this to be an issue.
Acc would be much simpler while you find your feet in this.

I did very later into my original post advise that I found along with Initial deposit that I certainly have INC Income type fund- it was an earlier error on my part when I had referred to a standard HL Fund guide when I thought I had ACC Acculmination type fund.
Thanks for again pointing me towards charges, I'll read over next few days as I'm not in office until next Wed's
I had only scanned charges of .4 or .6% though I'll re check.

ColdIron

Dandytf said:

What is the average recovery time if the Virus cause is found and eliminated.

The average recovery time would be the total time of all the previous coronavirus recoveries divided by the number of previous coronavirus recoveries where the cause was found and eliminated

Dandytf

Alice_Holt said:

Dandytf said:

Todays question with this week Global Markets Drops Inc' U.K.
What is the average recovery time if the Virus cause is found and eliminated.
i.e. Do Stocks recover over weeks, months or much longer.

    There is no average recovery time.
    https://www.investopedia.com/a-history-of-bear-markets-4582652
   "Bear markets have come in all shapes and sizes, showing significant variation in depth and duration."
    https://www.thebalance.com/japan-s-lost-decade-brief-history-and-lessons-1979056
   https://www.thebalance.com/stock-market-crash-of-1929-causes-effects-and-facts-3305891
   

Excellent reminder as I recognised Bull Market from Sharesave.
Maybe Bear is sooner rather than later in U.K.
Thanks 

Dandytf

ColdIron said:

Dandytf said:

What is the average recovery time if the Virus cause is found and eliminated.

The average recovery time would be the total time of all the previous coronavirus recoveries divided by the number of previous coronavirus recoveries where the cause was found and eliminated

🙄 ask a silly question.
Thanks

Chloe_G

I think playing a game of Pit helps you learn about Bulls and Bears  

Dandytf

Markets Surge this morning , why am I yet to view chosen HL Fund Live Streamed price as I'm seeing Frid's closing price.....arghhh

Ceme3000

Funds only have set valuation points. Check on HL platform this evening. 

Vortigern

You don't get live streaming prices for OEICs. They're priced once per working day.

You did read the KIID before buying, didn't you?