Learning to walk before I run

edinburgher

Thank you all - lots to think about at the moment.

@KajiKita - I currently have £8,000-9,000 borrowed at 0% interest + £0 fee on a credit card. Paying this off faster than 2.25% a month will be a starter for 10, no intention to "give back" the savings

Job application is started. I have done the absolute basics as I am too tired for more than name/address/qualifications. Excited to blow my own trumpet for once, I am not letting self-doubt get in the way! 

Slightly worried that my CC is switching from Sainsbury's Bank to Natwest but that Natwest have not given me any login details for their site...

*Edit: £39.84 interest from my cash ISA. £30 to Home Maintenance line of budget, £9.84 to OP line. £18.89 OPed.

I took advantage of the recent stock market rallies to sell off my dividend S&S and to buy into VWRP. After 4 months of careful curation, stock picking, top ups and general worry I had managed to make the princely profit of 1% While I am aware of the dangers of short-termism, VWRP returned 9% in the same period last month! I felt that this was a reasonable time to get a feel for the ins and outs of dividend investing. While I can see the benefits for someone living on a fixed income in the decumulation phase of their life, I can't turn down the growth potential of the rest of the market. In future I will just match the equities percentage of my Target Retirement fund and keep the rest in a cash ISA. Oh well, will need to find something else to gamify.  

South_coast

Where do you find the codes, Ed? I always see the funds referred to by code, but unless I am being completely thick (possible/probable), I can never see them on the Vanguard website so I have no clue what I have?

edinburgher

@South_coast - Well, some of them I just know cos I'm cool 🤓 

You can also search for the fund name on the Vanguard site and they're listed in the description. For example, here's their most diversified fund, the wonderfully named VAFTGAG  

https://www.vanguardinvestor.co.uk/investments/vanguard-ftse-global-all-cap-index-fund-gbp-acc/overview?query=Global ftse

rtandon27

edinburgher said:

...Slightly worried that my CC is switching from Sainsbury's Bank to Natwest but that Natwest have not given me any login details for their site...

  

Ed - I've got one of those as well, and they sent me a letter weeks ago & an e-mail after that & the code via text this week - it's complicated and a chore I've saved up for the weekend as they have a deadline of Nov 10th to complete the online banking registration process.  I'd suggest calling up Sainsbo bank if you don't have any details yet - their website is down today but should be back up and running tomorrow!

South_coast

edinburgher said:

@South_coast - Well, some of them I just know cos I'm cool 🤓 

You can also search for the fund name on the Vanguard site and they're listed in the description. For example, here's their most diversified fund, the wonderfully named VAFTGAG  

https://www.vanguardinvestor.co.uk/investments/vanguard-ftse-global-all-cap-index-fund-gbp-acc/overview?query=Global ftse

Aha, thank you 😀! It appears I am in VFGAIGI 🤷‍♀️ (We'll gloss over the £900 I have in VUKIFLA that I paid £1100 for as a hedge, thinking I was being clever and has been down ever since 🤣🤦‍♀️!)

edinburgher

Why are you in the income fund SC? 

South_coast

I enjoy the excitement of seeing the income and thinking I could withdraw it (even though at the moment I always reinvest 😅)

Watty1

just caught up. Nice drop in the mortgage.  That will help plans wherever the extra goes.   Good luck with the job application. 

beanielou

Hope all ok in the west after Amy? 

edinburgher

@beanielou - a few neighbours have lost fences but fingers crossed nothing here 👍🏻