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Suggestions Needed for Investing 20K S&S ISA, Is it right time to start investing?

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  • ColdIron
    ColdIron Posts: 9,843 Forumite
    Part of the Furniture 1,000 Posts Hung up my suit! Name Dropper
    mazibee said:
    eskbanker said:
    mazibee said:
    I am now more  inclined towards Multi asset funds.
    Any suggestions to build portfolio for 3/4 multi asset fund.
    Why would you want multiple multi-asset funds?  Better to identify one that meets your investment objectives, once those are clear....
    Please can you or someone list few from different multi assets funds to choose from?
    https://monevator.com/passive-fund-of-funds-the-rivals/
  • jimjames
    jimjames Posts: 18,675 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    mazibee said:
    badger09 said:
    I don't want to go over what has already been said, but the £8.95 dealing charge you quote applies only if you do 10 - 19 buy/sell in a month. Otherwise the charge is £11.95.

    IMHO, an inexperienced investor should not be making that many trades. In fact, few investors should be making that many trades on a regular basis.


    Sorry my bad, you are rights its £11.95 per trade  for trades less than 10.and the next month it will be reduced to £8.95
    csgohan4 said:
    https://monevator.com/compare-uk-cheapest-online-brokers/

    has an article on which platform according to cost, HL is expensive for what it is, may suit you though. 
    MSCI and FTSE are different indices with subtle changes between them, personal preference
    bare in mind one is a fund and the other is a ETF and the fund is slightly more expensive. 
    Thanks @csgohan4 I will check it.
    Any suggestions which is the best reliable low cost platform for investing in funds

    I use iWeb. £5 per trade and no holding fees. You do pay to trade funds though so ideal for buy & hold investment
    Remember the saying: if it looks too good to be true it almost certainly is.
  • mazibee
    mazibee Posts: 440 Forumite
    Ninth Anniversary 100 Posts Name Dropper Combo Breaker
    jimjames said:
    mazibee said:
    badger09 said:
    I don't want to go over what has already been said, but the £8.95 dealing charge you quote applies only if you do 10 - 19 buy/sell in a month. Otherwise the charge is £11.95.

    IMHO, an inexperienced investor should not be making that many trades. In fact, few investors should be making that many trades on a regular basis.


    Sorry my bad, you are rights its £11.95 per trade  for trades less than 10.and the next month it will be reduced to £8.95
    csgohan4 said:
    https://monevator.com/compare-uk-cheapest-online-brokers/

    has an article on which platform according to cost, HL is expensive for what it is, may suit you though. 
    MSCI and FTSE are different indices with subtle changes between them, personal preference
    bare in mind one is a fund and the other is a ETF and the fund is slightly more expensive. 
    Thanks @csgohan4 I will check it.
    Any suggestions which is the best reliable low cost platform for investing in funds

    I use iWeb. £5 per trade and no holding fees. You do pay to trade funds though so ideal for buy & hold investment
    Thanks @jimjames looks better thank HL where they charge 0.45% platform fee plus additional fund charges
  • mazibee
    mazibee Posts: 440 Forumite
    Ninth Anniversary 100 Posts Name Dropper Combo Breaker
    Thanks every one.
    I am still a bit confused as which fund to select, either I should for a muti asset one fund or few to select few of them to make a portfolio.
    BG Managed Fund----------------------------20%
    Royal London Sustainable World----------20%
    Fidelity Global Tech---------------------------20%
    BG Positive Change---------------------------20%
    Vanguard Lifestrategy 80-------------------10%
    SMT-----------------------------------------------10%

    Or
    shall I invest in 
    HSBC FTSE All World Index Class C - Accumulation

    One more thing, shall I invest lumpsum amount or drip feed every month keeoing in view US elections results and expected turbulence in the markets







  • Steve182
    Steve182 Posts: 623 Forumite
    Fourth Anniversary 500 Posts Photogenic Name Dropper
    edited 3 November 2020 at 1:19AM
    mazibee said:
    Thanks every one.
    I am still a bit confused as which fund to select, either I should for a muti asset one fund or few to select few of them to make a portfolio.
    BG Managed Fund----------------------------20%
    Royal London Sustainable World----------20%
    Fidelity Global Tech---------------------------20%
    BG Positive Change---------------------------20%
    Vanguard Lifestrategy 80-------------------10%
    SMT-----------------------------------------------10%

    Or
    shall I invest in 
    HSBC FTSE All World Index Class C - Accumulation

    One more thing, shall I invest lumpsum amount or drip feed every month keeoing in view US elections results and expected turbulence in the markets







    Assuming only option A or option B above were available....what's your risk appetite?

    If I offered you a guaranteed gift of £1000 or a 50/50 chance of £3000 what would you do?

    If you say you would take the guaranteed £1000 then HSBC FTSE All World Index Class C - Accumulation may be a better option.

    If you prefer to take a 50/50 on £3000 then the first group may better suit your risk appetite.

    Personally I would put a greater % in SMT, but my risk appetite is definitely in the gamble for the £3K camp.


    “Like a bunch of cod fishermen after all the cod’s been overfished, they don’t catch a lot of cod, but they keep on fishing in the same waters. That’s what’s happened to all these value investors. Maybe they should move to where the fish are.”   Charlie Munger, vice chairman, Berkshire Hathaway
  • The tracker may be lower risk but there's going to be a hell of a lot of volatility and it's well beyond the risk profile of an 'average' investor.
  • mazibee
    mazibee Posts: 440 Forumite
    Ninth Anniversary 100 Posts Name Dropper Combo Breaker
    The tracker may be lower risk but there's going to be a hell of a lot of volatility and it's well beyond the risk profile of an 'average' investor.
    Thanks for your reply @NottinghamKnight
    Please can you elloborate a bit which tracker are you reffering too.
    Steve182 said:
    mazibee said:
    Thanks every one.
    I am still a bit confused as which fund to select, either I should for a muti asset one fund or few to select few of them to make a portfolio.
    BG Managed Fund----------------------------20%
    Royal London Sustainable World----------20%
    Fidelity Global Tech---------------------------20%
    BG Positive Change---------------------------20%
    Vanguard Lifestrategy 80-------------------10%
    SMT-----------------------------------------------10%

    Or
    shall I invest in 
    HSBC FTSE All World Index Class C - Accumulation

    One more thing, shall I invest lumpsum amount or drip feed every month keeoing in view US elections results and expected turbulence in the markets







    Assuming only option A or option B above were available....what's your risk appetite?

    If I offered you a guaranteed gift of £1000 or a 50/50 chance of £3000 what would you do?

    If you say you would take the guaranteed £1000 then HSBC FTSE All World Index Class C - Accumulation may be a better option.

    If you prefer to take a 50/50 on £3000 then the first group may better suit your risk appetite.

    Personally I would put a greater % in SMT, but my risk appetite is definitely in the gamble for the £3K camp.



    Thanks for your time and reply.
    I am also willing to take a bit more risk so tilting more towards equity side for a long term period (10-15 years).
  • mazibee
    mazibee Posts: 440 Forumite
    Ninth Anniversary 100 Posts Name Dropper Combo Breaker
    I am finding it very difficult to select few from so many funds.
    As said above I am willing to take risk (10-15 years) and happy to go in a high growth riskier funds.
    So suggestions will be extremely appreciated.
    Also trying to avoid individual shares as suggested my almost everyone except for SMT.
  • bowlhead99
    bowlhead99 Posts: 12,295 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Post of the Month
    edited 3 November 2020 at 10:24AM
    mazibee said:
    I am finding it very difficult to select few from so many funds.

    You said yesterday that you were "now more  inclined towards Multi asset funds.". For £20k, one fund will be fine - let the fund manager allocate the money. You already had BG Managed on your list which invests in multiple different asset classes. So, what's wrong with using that, or a fund like that which covers multiple asset classes in one fund.  Yes there are lots of choices, but most can be ignored - you don't really need to start  trying to add the top 5 specialist funds based purely on recent performance and try to construct your own portfolio, when you only have £20k in an ISA. One mixed asset fund is fine, whether its from BG or HSBC or Vanguard or L&G or Blackrock or Architas or someone else.
  • mazibee
    mazibee Posts: 440 Forumite
    Ninth Anniversary 100 Posts Name Dropper Combo Breaker
    @bowlhead99 extremely thankful for your reply.
    Initially I planned to invest 50:50 in Stocks/ Funds .At that time I was only thinking of HSBC global tracker but later thought in the start its better to just stick with the funds as my approach of picking shares trading at 52W low is wrong being a newbie in this investment world its very risky.
    New thought came in , so planned to select few good funds and make a portfolio, but again looks like its my wrong decision (newbie decision)
    As you in the finance industry and have obviously better knowledge than me, please if you can explain,  if have to pick one multi asset fund suppose I picked BG Managed , why returns are different for different funds , again is it not a good idea to pick few of them checking their past 5 years performance?
    Also I have read that we cant time the market so any suggestions on whether to put £20K lump sum or drip feed.
    Thanks in advance.
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