SAS ISA - Investment Advice
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Nathaniel98
Posts: 4 Newbie
Hi All,
I’m 22y/o - no lingering debts (so far!) & have an emergency fund to survive off if need be - Recently I have opened up a Vanguard S&S ISA & was going to start putting in about £100 p/m & any other spare income I have into the FTSE global all cap index & will likely just leave that until 5/10 years time , Just wanted to get any opinions on this ? if something like a Vanguard LS80 would be more beneficial or if there was any other fund/etf that I could pair nicely with the all cap index in my soon to be ‘portfolio’? I have done fairly a lot of research & thought having a passive investment would suit me more as the idea of constantly having to keep my eye on multiple stocks don’t really appeal to me
in regards to future goals personally I just didn’t like seeing my money dormant in a savings account & wanted to see if I could invest.
I’m 22y/o - no lingering debts (so far!) & have an emergency fund to survive off if need be - Recently I have opened up a Vanguard S&S ISA & was going to start putting in about £100 p/m & any other spare income I have into the FTSE global all cap index & will likely just leave that until 5/10 years time , Just wanted to get any opinions on this ? if something like a Vanguard LS80 would be more beneficial or if there was any other fund/etf that I could pair nicely with the all cap index in my soon to be ‘portfolio’? I have done fairly a lot of research & thought having a passive investment would suit me more as the idea of constantly having to keep my eye on multiple stocks don’t really appeal to me
in regards to future goals personally I just didn’t like seeing my money dormant in a savings account & wanted to see if I could invest.
Thanks!
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Comments
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Nathaniel98 said:Hi All,
I’m 22y/o - no lingering debts (so far!) & have an emergency fund to survive off if need be - Recently I have opened up a Vanguard S&S ISA & was going to start putting in about £100 p/m & any other spare income I have into the FTSE global all cap index & will likely just leave that until 5/10 years time , Just wanted to get any opinions on this ? if something like a Vanguard LS80 would be more beneficial or if there was any other fund/etf that I could pair nicely with the all cap index in my soon to be ‘portfolio’? I have done fairly a lot of research & thought having a passive investment would suit me more as the idea of constantly having to keep my eye on multiple stocks don’t really appeal to me
in regards to future goals personally I just didn’t like seeing my money dormant in a savings account & wanted to see if I could invest.Thanks!
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You certainly won’t go wrong with investing in the Vanguard Global All Cap Fund, it ticks a lot of boxes such as being a global diversified fund at a low cost and for someone your age a 100% equity fund is absolutely fine.
Something you might want to think about are;
1. What are you actually investing for? Do you want to buy a house in the future? If so, how soon?
2. Are you investing in the right tax wrapper, or right combination of tax wrappers? Think ISAs, Lifetime ISAs, pensions etc."If you aren’t willing to own a stock for ten years, don’t even think about owning it for ten minutes” Warren Buffett
Save £12k in 2021 - #027 £15,268 (76%)1 -
Age 22 and looking at long term investments I think you've made the right move not having 20% in bonds as VLS80 would doRemember the saying: if it looks too good to be true it almost certainly is.2
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george4064 said:You certainly won’t go wrong with investing in the Vanguard Global All Cap Fund, it ticks a lot of boxes such as being a global diversified fund at a low cost and for someone your age a 100% equity fund is absolutely fine.
Something you might want to think about are;
1. What are you actually investing for? Do you want to buy a house in the future? If so, how soon?
2. Are you investing in the right tax wrapper, or right combination of tax wrappers? Think ISAs, Lifetime ISAs, pensions etc.
Thanks for the advice! - What you have said makes sense regarding my age & being invested in 100% equity - as I assume the closer to retirement you are the less risk you would be willing take.
1. That would definitely be the next goal for me & something I would be working towards in the next 10 years. I personally started looking into investing due to interest rates going down & thought it would be worth investing my extra income
2. I currently have a Vanguard S&S ISA & have been researching some Lifetime ISA’s as well to help me as a FTB0 -
jimjames said:Age 22 and looking at long term investments I think you've made the right move not having 20% in bonds as VLS80 would do0
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Nathaniel98 said:2. I currently have a Vanguard S&S ISA & have been researching some Lifetime ISA’s as well to help me as a FTBIf you are going for a Lifetime ISA then there are only a couple of months left to make good use of this tax year's contribution allowance to maximise your bonuses. Although be aware that with inflation the £450k property price cap might be more restrictive on what properties you could buy in 5-10 years time.Are you making good use of any workplace pension options you may have?1
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Alexland said:Nathaniel98 said:2. I currently have a Vanguard S&S ISA & have been researching some Lifetime ISA’s as well to help me as a FTBIf you are going for a Lifetime ISA then there are only a couple of months left to make good use of this tax year's contribution allowance to maximise your bonuses. Although be aware that with inflation the £450k property price cap might be more restrictive on what properties you could buy in 5-10 years time.Are you making good use of any workplace pension options you may have?
Regarding pensions, currently making monthly contributions with NEST since turning 22 - my workplace also adds to this monthly as well
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