Investing for future returns

Albermarle

.My long term was like 5-10 years but also need to set aside long term like 20-30 years. 

There are no exact definitions but in terms of investing, 5 to 10 years would be seen as more medium term .

london21

Albermarle said:

.My long term was like 5-10 years but also need to set aside long term like 20-30 years. 

There are no exact definitions but in terms of investing, 5 to 10 years would be seen as more medium term .

Thanks, hard to plan fully for the future. At present just myself but in the future starting a family, house renovation etension etc. 

london21

jimjames said:

london21 said:

Hi All,

I have had some thoughts about the suggestions given and will like to trim this down.

I am tempted to go for Iweb as will get £100 fee back but they charge £5 per trade and I tend to like transferring my monthly savings in to average the cost of the funds.

I am tempted to sell my many funds and buy the VWRL ETF and stay with HL but although their charge will be fixed max £45 they also charge per trade at 9:99 so monthly investment won't be worth it.

I am also considering Vanguard with their 0.15% platform charge.

No reason why you can't move the existing ISA to iWeb and then use HL or Vanguard to pay in monthly amounts for next year.

I have put in a request to sell all the 6 funds with HL

I have now opened the Iweb account. 

Will it be best to go for ETFs or funds?

"The main difference between ETFs and index funds is the way they're bought and sold. You can make ETF trades throughout the day, whereas with an index fund, you're restricted to buying or selling until the prices are set at the end of each trading day." I personally do not do trades often with the funds I had with HL was like once a month. 

https://www.markets.iweb-sharedealing.co.uk/etf-centre/details/IE00BK5BQT80/QJ0X

https://www.markets.iweb-sharedealing.co.uk/funds-centre/fund-supermarket/detail/GB00BD3RZ582

I choose the accumulation instead of distribution so wont have to be reinvesting the dividend myself.

Albermarle

london21 said:

jimjames said:

london21 said:

Hi All,

I have had some thoughts about the suggestions given and will like to trim this down.

I am tempted to go for Iweb as will get £100 fee back but they charge £5 per trade and I tend to like transferring my monthly savings in to average the cost of the funds.

I am tempted to sell my many funds and buy the VWRL ETF and stay with HL but although their charge will be fixed max £45 they also charge per trade at 9:99 so monthly investment won't be worth it.

I am also considering Vanguard with their 0.15% platform charge.

No reason why you can't move the existing ISA to iWeb and then use HL or Vanguard to pay in monthly amounts for next year.

I have put in a request to sell all the 6 funds with HL

I have now opened the Iweb account. 

Will it be best to go for ETFs or funds?

"The main difference between ETFs and index funds is the way they're bought and sold. You can make ETF trades throughout the day, whereas with an index fund, you're restricted to buying or selling until the prices are set at the end of each trading day." I personally do not do trades often with the funds I had with HL was like once a month. 

https://www.markets.iweb-sharedealing.co.uk/etf-centre/details/IE00BK5BQT80/QJ0X

https://www.markets.iweb-sharedealing.co.uk/funds-centre/fund-supermarket/detail/GB00BD3RZ582

I choose the accumulation instead of distribution so wont have to be reinvesting the dividend myself.

ETF's are a bit more complicated than funds, so I think it is normally recommended that inexperienced investors stick with funds. Some platforms charge more for funds than ETF's but that is not the case with Iweb as far as I know.

ColdIron

ETFs are traded as shares on a stock exchange. Funds/OEICs are not traded and are denoted in units. You can't buy a bit of a share, but you can buy units to several decimal places. ETFs will have a 'spread', so the buy and sell prices will differ. Funds do not usually have a spread. ETFs are not covered by the FSCS but with Vanguard this is not a worry

Personally I'd prefer the All Cap fund as it is a little more diverse with mid caps although it is still dominated by large cap companies

london21

I will go with the fund.

I will still have my HL account and can continue monthly savings on there and transfer to Iweb.

london21

I now have over 30k in my HL ISA account as cash.

For the transfer to Iweb is it better to buy half of the funds and send the remaining half as cash for later investment. I know it is hard to time the market but having some fear buying all the Vanguard FTSE Global All Cap Index Investor Acc GBP fund at once. 

My previous funds will go from -1k+ to 1k+ in the end came out with +657 but crap return but still optimistic as if sold  off in November would have been negative return. 

Baillie Gifford Managed and Legal & General Future World ESG Developed Index were wrong choices especially the Baillie Gifford Managed fund but luckily didn't allocate much to them. 

badger09

london21 said:

I now have over 30k in my HL ISA account as cash.

For the transfer to Iweb is it better to buy half of the funds and send the remaining half as cash for later investment. I know it is hard to time the market but having some fear buying all the Vanguard FTSE Global All Cap Index Investor Acc GBP fund at once. 

My previous funds will go from -1k+ to 1k+ in the end came out with +657 but crap return but still optimistic as if sold  off in November would have been negative return. 

Baillie Gifford Managed and Legal & General Future World ESG Developed Index were wrong choices especially the Baillie Gifford Managed fund but luckily didn't allocate much to them. 

It’s likely that a cash transfer would be quicker than in specie, or a mix of both, but that’s not guaranteed. 

If you xfer in cash & invest more than once, you’ll pay IWeb £5 each time. 

It’s not hard to time the market. It’s impossible😊. So by transferring some as cash for later investment, you could pay more, or less when you eventually decide to take the plunge. Who knows?
However, if it feels ‘safer’ to spread your purchases over a longer period, then do so. 

It’s difficult to put a price on peace of mind😉

london21

badger09 said:

london21 said:

I now have over 30k in my HL ISA account as cash.

For the transfer to Iweb is it better to buy half of the funds and send the remaining half as cash for later investment. I know it is hard to time the market but having some fear buying all the Vanguard FTSE Global All Cap Index Investor Acc GBP fund at once. 

My previous funds will go from -1k+ to 1k+ in the end came out with +657 but crap return but still optimistic as if sold  off in November would have been negative return. 

Baillie Gifford Managed and Legal & General Future World ESG Developed Index were wrong choices especially the Baillie Gifford Managed fund but luckily didn't allocate much to them. 

It’s likely that a cash transfer would be quicker than in specie, or a mix of both, but that’s not guaranteed. 

If you xfer in cash & invest more than once, you’ll pay IWeb £5 each time. 

It’s not hard to time the market. It’s impossible😊. So by transferring some as cash for later investment, you could pay more, or less when you eventually decide to take the plunge. Who knows?
However, if it feels ‘safer’ to spread your purchases over a longer period, then do so. 

It’s difficult to put a price on peace of mind😉

True will try not to trade often with iweb.

Easier to look back and wish had done this and that.

Just the economy is uncertain at present but will have to take the plunge at some point.

Albermarle

Just the economy is uncertain at present 

The economy today and the stock market today are only indirectly linked.

The stock market is more based on what might happen in the economy in the next 6 to 24 months.