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S&S portfolio advice

Ladies and gents, 

If you were to open up a S&S ISA, which funds would you choose for small investments, £100pm with initial deposit of £500. Looking to invest long term, 10+ years. 

I'm a bit stuck, I know it's personal preference but what would you recommend to a newbie.

TIA 

Comments

  • dunstonh
    dunstonh Posts: 120,009 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    I would recommend the one most suitable to the understanding, knowledge perceived investment behaviour, risk profile and capacity for loss.  As it stands, we have none of that information.   However, the amounts suggest a multi-asset fund is order of the day.
    I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.
  • md258
    md258 Posts: 186 Forumite
    100 Posts Second Anniversary Name Dropper
    It sounds like you need someone to help narrow down the thousands of possible funds into something more manageable. I'd suggest you take a look at Vanguard Lifestrategy, Blackrock consensus and the equivalents from HSBC/L&G (search the forum for their exact names). Once you work out which level of risk you are, then look at the differences between them, that should help you work out which one is best for you.
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