Vanguard Help

Eco_Miser

List of places you can build your own stock portfolio: https://monevator.com/compare-uk-cheapest-online-brokers/ Note that list also contains Vanguard and other fund platforms that don't support individual shares. Do a little research before jumping in.

But if you intend selling again in 4 months time, be aware that the fees to buy/sell can be high, especially on the platforms intended for long term buy and hold. Also which way the market goes over four months is almost pure chance, and any individual share could move the other way, and could lose 100%.

ranciduk

Can I ask a quick question here rather than starting a thread 

im thinking of investing some money for the very first time and am interested in vanguard 

my question is can you fund the account with a debit card, like you can do when buying premium bonds?

and if you wish to withdraw money from the account - can they just transfer it to a nominates bank account? Again, like you do with premium bonds 

blenz101

Yes to both of your questions ranciduk

ranciduk

blenz101 said:

Yes to both of your questions ranciduk

Great!

thanks for that 

george4064

ranciduk said:

Can I ask a quick question here rather than starting a thread 

im thinking of investing some money for the very first time and am interested in vanguard 

my question is can you fund the account with a debit card, like you can do when buying premium bonds?

and if you wish to withdraw money from the account - can they just transfer it to a nominates bank account? Again, like you do with premium bonds 

What you described is very much the norm for investment platforms, if it were anything else it would be very rare/unusual.

bostonerimus

Julie, step away from your computer, do not proceed with your “investing” plan until you have done some research and understood the risks in what you are proposing. You are right that Vanguard’s UK platform does not offer a brokerage that lets you buy individual shares or indeed funds other than Vanguard’s own. If you are a prudent investor you will realize that is a restriction that will not impact your long term investment returns as you have more than enough choice within the Vanguard funds.

You should not be trading shares or funds or looking at time scales as short as months. Slow and steady is the way to maximize your chances of success .

ranciduk

george4064 said:

ranciduk said:

Can I ask a quick question here rather than starting a thread 

im thinking of investing some money for the very first time and am interested in vanguard 

my question is can you fund the account with a debit card, like you can do when buying premium bonds?

and if you wish to withdraw money from the account - can they just transfer it to a nominates bank account? Again, like you do with premium bonds 

What you described is very much the norm for investment platforms, if it were anything else it would be very rare/unusual.

Thanks 

I wasn’t sure if you some of these platforms require that you make payments via your banks online banking app

and I don’t do online or mobile banking currently with any of my accounts- just telephone banking

which is why I want to use my Halifax current account debit card to make the payments