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

mazibee

Steve182 said:

mazibee said:

Please can someone suggest me some multi asset funds.

Also for funds which platform is best? iweb, HL or any other

Multi asset funds may be appropriate for you but since they do not match everyone's risk appetite they may not. 
In my previous reply I asked if I offered you a guaranteed £1k gift or a 50/50 chance of £3k what would you do? Will you give me your answer?

I will take 50/50 chance of £3K

Steve182

mazibee said:

Steve182 said:

mazibee said:

Please can someone suggest me some multi asset funds.

Also for funds which platform is best? iweb, HL or any other

Multi asset funds may be appropriate for you but since they do not match everyone's risk appetite they may not. 
In my previous reply I asked if I offered you a guaranteed £1k gift or a 50/50 chance of £3k what would you do? Will you give me your answer?

I will take 50/50 chance of £3K

OK, so a multi asset fund may typically hold a mixture of stocks/shares, bonds, property, etc etc. It will be well diversified with low risk, but growth will also be modest. 

From the answer you just gave I don't think that matches your risk appetite very well. It sounds as though you are in a similar camp to me. Obviously if you will need the money anytime fairly soon for something like a house purchase or whatever you should not take risks with it, bit if you can afford to speculate a bit and have a minimum 5-10 year investment horizon I would personally invest it all in equities.

You listed quite a few funds and trusts that you were considering previously on this thread. FE trustnet is a great site for comparing not just past performance of trusts and funds but also volatility. They have an risk rating which indicates volatility. A rating of 100 is equivalent to the FTSE100, so anything less than 100 should be lower risk than FTSE100 and anything higher than 100 is greater risk.

There are those on this board such as myself that firmly in the active investment management camp but many others favour passive. You can compare past performance and risk ratings of both active and passive funds on there as well as multi asset funds.

As an example you will see that funds such as Fundsmith equity have rating of 74 whereas SMT has a rating of 133. They are invested in completely different companies and both have provided very good returns historically (albeit SMT has significantly outperformed in last 12 months). If I had £20K to invest I might consider puttng £10K in each. I actually have £20K in Fundsmith but a fair bit more in SMT. 

I would suggest trying to figure out what best suits your risk appetite and investing in maybe 2 to 4 funds/trusts, but no more than that. 
 

Alexland

Steve182 said:
From the answer you just gave I don't think that matches your risk appetite very well. It sounds as though you are in a similar camp to me. 

From reading your postings you are both very different people. 5-10 years is still medium term in the world of investment and we need to be careful not to push the OP into a greater proportion of equities than would be suitable for the average consumer and into more volatile active investments of yesterday's winners which they may not have the skills to assess or manage and may still deliver less than a simple low cost asset allocation from a multi asset fund.

mazibee

First of all I am extremely thankful to everyone who have replied to my queries.

I am still a bit confused but have shorlisted few funds, ETF/shares that I plan to buy soon.

Any comments on iweb platform as compared to HL platform?

How long the S&S ISA account opening process takes on Iweb and on HL?

I was comparing  the prices for dew funds and ETF on both the platforms and and found that the prices vary on both the platform.

Existing users of iweb and HL, please can someone confirm that,  is there any price difference on the both the platforms.

One more question, is it a good idea to track the FTSE 100 or FTSE All Share indexes as they have not performed as compared to rest of the world trackers and looks like they still have the margin to go up to the pre covid crash levels.

Looks like I have missed the train (Covid crash of March/Aril 2020) and now the US elections as I am taking too much time thinking and still not made a solid decision.

AnotherJoe

£5k each in INRG, SMT, BGPC, RLS.

Thank me in 5 years

AnotherJoe

mazibee said:

One more question, is it a good idea to track the FTSE 100 or FTSE All Share indexes as they have not performed as compared  to rest of the world trackers and looks like they still have the margin to go up to the pre covid crash levels.

No it is not. 

mazibee said:

Looks like I have missed the train (Covid crash of March/Aril 2020) and now the US elections as I am taking too much time thinking and still not made a solid decision.

Analysis Paralysis. "The best time to invest is ten years ago, the second best time is now"

mazibee

@AnotherJoe

I am thanking you now and will thank you again after 5 Years   also.

INRG = iShares II plc Global Clean Energy UCITS ETF (Dist)

SMT  = Scottish Mortgage Investment Trust plc Ordinary Shares 5p

Please can you tell me what is BGPC and RLS as I cant find more info even on Google.

Stargunner

mazibee said:

@AnotherJoe

I am thanking you now and hoe to thank you again after 5 Year

INRG = iShares II plc Global Clean Energy UCITS ETF (Dist)

SMT  = Scottish Mortgage Investment Trust plc Ordinary Shares 5p

Please can you tell me what is BGPC and RLS as I cant find more info even on Google.

I imagine that RLS is Royal London Sustainable World Trust and BGPC either  Bailey Gifford Pacific or Bailey Gifford Positive Change

mazibee

Stargunner said:

mazibee said:

@AnotherJoe

I am thanking you now and hoe to thank you again after 5 Year

INRG = iShares II plc Global Clean Energy UCITS ETF (Dist)

SMT  = Scottish Mortgage Investment Trust plc Ordinary Shares 5p

Please can you tell me what is BGPC and RLS as I cant find more info even on Google.

I imagine that RLS is Royal London Sustainable World Trust and BGPC either  Bailey Gifford Pacific or Bailey Gifford Positive Change

Thanks  @Stargunner for your reply.

When I searched for Royal London Sustainable on  HL , there were 9 funds lsited, out of these, 5 are accumulation

Royal London Global Sustainable Equity (Class M) Accumulation
Royal London Sustainable Diversified Trust Class C Accumulation
Royal London Sustainable Leaders (Class C) Accumulation
Royal London Sustainable Managed Growth (Class C) Accumulation
Royal London Sustainable World (Class C) Accumulation

Hopefully @AnotherJoe will clarify whats meant by RLS and BGPC

mazibee

At last I have opened S&S ISA with iWeb today Funded with £10k today and bought SMT worth £2.5K

Will try to fund with balance £10Kk tomorrow and will shop more fr0m ny balance list.

Beight the first time investor in the UK market I have few queries and will be thankful if someone can help.

Shall I buy all in one go for the balance £17.5K or wait and buy slowly , but in case the market shoots uo like today I have to buy at the higher rates and will get less qunatities, In case they go down , I am not worried as I have bought for long term ( any suggestions on this will be appreciated)

I plan to buy few funds and suppose I place the order now for Royal London Sustainable Fund Acc ( Current price is 306.80p and the valuation point is 12:00 )

When my order will be fulfilled ie tomorrow morning when the market opens or the next day and what rate I will get.

Thanks in advance.