Pound cost averaging tactics

dllive

Billycock said:

dllive said:

Hmm. Ive just noticed that Vanguard only lets you setup regular MONTHLY payments. So I think Ill put in £1k per month over the next 6 months, and then if there are any noticeable market dips during then I will shuffle some extra in.

You pointed out in your first post that the 6K is already available as cash in your Vanguard account, it should therefore all be available to invest today if need be.
Investing 1K each month over 6 months actually voids your questioning about cost averaging before the end of the current ISA year.
Vanguard account opening options were/are-;
Open with a minimum £100 monthly DD and any further deposits thereafter £100 minimum
or
Open with a minimum £500 lump sum and no minimum deposits thereafter. 

Yes. I see. Its very confusing when theres no clear answers! Perhaps Ill invest it all in one go. Ill have a sleep on it.

(Just to give some context: I have an investing horizon of ~20 years)

Billycock

dllive said:

Billycock said:

dllive said:

Hmm. Ive just noticed that Vanguard only lets you setup regular MONTHLY payments. So I think Ill put in £1k per month over the next 6 months, and then if there are any noticeable market dips during then I will shuffle some extra in.

You pointed out in your first post that the 6K is already available as cash in your Vanguard account, it should therefore all be available to invest today if need be.
Investing 1K each month over 6 months actually voids your questioning about cost averaging before the end of the current ISA year.
Vanguard account opening options were/are-;
Open with a minimum £100 monthly DD and any further deposits thereafter £100 minimum
or
Open with a minimum £500 lump sum and no minimum deposits thereafter. 

Yes. I see. Its very confusing when theres no clear answers! Perhaps Ill invest it all in one go. Ill have a sleep on it.

(Just to give some context: I have an investing horizon of ~20 years)

minus 20 years could effectively mean tomorrow. Today even!!

MX5huggy

Billycock said:

dllive said:

Billycock said:

dllive said:

Hmm. Ive just noticed that Vanguard only lets you setup regular MONTHLY payments. So I think Ill put in £1k per month over the next 6 months, and then if there are any noticeable market dips during then I will shuffle some extra in.

You pointed out in your first post that the 6K is already available as cash in your Vanguard account, it should therefore all be available to invest today if need be.
Investing 1K each month over 6 months actually voids your questioning about cost averaging before the end of the current ISA year.
Vanguard account opening options were/are-;
Open with a minimum £100 monthly DD and any further deposits thereafter £100 minimum
or
Open with a minimum £500 lump sum and no minimum deposits thereafter. 

Yes. I see. Its very confusing when theres no clear answers! Perhaps Ill invest it all in one go. Ill have a sleep on it.

(Just to give some context: I have an investing horizon of ~20 years)

minus 20 years could effectively mean tomorrow. Today even!!

It’s not a minus it’s a ~ symbol being used for approximately.

Not shouting just making it bigger so you can see the wavy symbol. 

Billycock

MX5huggy said:

Billycock said:

dllive said:

Billycock said:

dllive said:

Hmm. Ive just noticed that Vanguard only lets you setup regular MONTHLY payments. So I think Ill put in £1k per month over the next 6 months, and then if there are any noticeable market dips during then I will shuffle some extra in.

You pointed out in your first post that the 6K is already available as cash in your Vanguard account, it should therefore all be available to invest today if need be.
Investing 1K each month over 6 months actually voids your questioning about cost averaging before the end of the current ISA year.
Vanguard account opening options were/are-;
Open with a minimum £100 monthly DD and any further deposits thereafter £100 minimum
or
Open with a minimum £500 lump sum and no minimum deposits thereafter. 

Yes. I see. Its very confusing when theres no clear answers! Perhaps Ill invest it all in one go. Ill have a sleep on it.

(Just to give some context: I have an investing horizon of ~20 years)

minus 20 years could effectively mean tomorrow. Today even!!

It’s not a minus it’s a ~ symbol being used for approximately.

Not shouting just making it bigger so you can see the wavy symbol. 

Good man, thanks for enlightening me, something I didn't know. 
Probably a good idea for me to pay Specsavers a visit too. 

lozzy1965

dllive said:

Billycock said:

dllive said:

Hmm. Ive just noticed that Vanguard only lets you setup regular MONTHLY payments. So I think Ill put in £1k per month over the next 6 months, and then if there are any noticeable market dips during then I will shuffle some extra in.

You pointed out in your first post that the 6K is already available as cash in your Vanguard account, it should therefore all be available to invest today if need be.
Investing 1K each month over 6 months actually voids your questioning about cost averaging before the end of the current ISA year.
Vanguard account opening options were/are-;
Open with a minimum £100 monthly DD and any further deposits thereafter £100 minimum
or
Open with a minimum £500 lump sum and no minimum deposits thereafter. 

Yes. I see. Its very confusing when theres no clear answers! Perhaps Ill invest it all in one go. Ill have a sleep on it.

(Just to give some context: I have an investing horizon of ~20 years)

There's never any clear answers when asking about investment strategies .  If there were, we'd all be doing it, but then the answers would probably change as a result.  That's what makes it so much fun/so frustrating

Exodi

Personally I'd make weekly investments until the new tax year than two monthly payments - that is the whole point of dollar (pound) cost averaging.

As Thrugelmir touched upon, it's risky trying to time the market and catch a falling knife.

You can imagine how disappointed you'd be if you dumped a lump sum in now and the FTSE continues to drop.

dllive

Billycock said:

dllive said:

(Just to give some context: I have an investing horizon of ~20 years)

minus 20 years could effectively mean tomorrow. Today even!!

Haha. I pondered on your comment for a full 5 minutes thinking it was a deeply philosophical haiku with great meaning. But alas, yes, my statement was meant to convey "about 20 years".

Zola.

Given there is a discount now, I would throw it all in now, provided you have a decent emergency fund. 

Then PCA each month with what you can afford.

Thrugelmir

Zola. said:

Given there is a discount now,

Never heard of a correction being described as that before. What would it be if the market were to take further downward steps? 

lozzy1965

Thrugelmir said:

Zola. said:

Given there is a discount now,

Never heard of a correction being described as that before. What would it be if the market were to take further downward steps? 

That's so obvious!  A further discount of course!!!

Or maybe with each fall:

reduction
deduction
markdown
price cut
cut
lower price
cut price
concession
concessionary price
rebate