Vanguard S&S ISA - when to add funds?

missymouse

Happy New Year everyone 

I’ve been investing with Vanguard this year and I hope to utilise the full allowance.
1) my question is does it make any difference in the month or day when you add funds. 

2)  I know you can buy an EFT live but didn’t really understand that and there was a charge - how is it beneficial to me to do this?
 Thanks

eskbanker

missymouse said:

I’ve been investing with Vanguard this year and I hope to utilise the full allowance.
1) my question is does it make any difference in the month or day when you add funds. 

2)  I know you can buy an EFT live but didn’t really understand that and there was a charge - how is it beneficial to me to do this?

1) No for the month, there will be daily dealing deadlines though.
2) Was the charge consistent with the ETF section of https://www.vanguardinvestor.co.uk/what-we-offer/fees-explained?

hermante

1) As you expect your investments to go up in value over time, logically the earlier you invest the more your funds will increase.

2) When you buy ETFs live, you are told the price before you make the purchase. If not, you just have to accept whatever price you get at the time the transaction takes place (normally you need to place your order before a certain time in the morning, and then they get processed in the afternoon/evening).

Alexland

For small trades the amount of random market movement between the live and scheduled ETF price is unlikely to be important enough to be worth paying the £7.50 charge. Sometimes you would win sometimes you would lose and it would average out over enough trades.

For larger trades it might be worth paying £7.50 for the peace of mind - however such a trade wouldn't be possible unless you had a large account valuation in which case you probably shouldn't be using Vanguard Investor anyway as a fixed price platform would likely be a cheaper.

Albermarle

I know you can buy an EFT live but didn’t really understand that

There is well known saying about investing . ' Never invest in anything you do not understand'

Are you clear about the difference between Vanguards ETF's ( not EFT's) and their funds ?

Smaller , less experienced investors are normally better off with funds IMO.

missymouse

Albermarle said:

I know you can buy an EFT live but didn’t really understand that

There is well known saying about investing . ' Never invest in anything you do not understand'

Are you clear about the difference between Vanguards ETF's ( not EFT's) and their funds ?

Smaller , less experienced investors are normally better off with funds IMO.

No, not especially. I just want to put my money in a reliable fund and Vanguard was recommended by a knowledgeable person.  I don’t really understand but know it is a global tracker fund with some government bonds 

Albermarle

Missymouse- I remember your previous thread.
Vanguard offer quite a lot of different types of investments and I think you may be confusing different types.
If you could say exactly what Vanguard product  you are invested in , it will then hopefully be simple to clear up any confusion.

missymouse

Yes thank you
LifeStrategy 60% Equity Fund - Accumulation

Albermarle

OK to answer your original question ,
The timing of a regular investment in VLS 60 is not important .
The VLS 60 fund is not an ETF type of investment, so nothing to worry about on that front .