investing in stocks and shares

adindas

Linton said:

Richard1212 said:

NoviceInvestor1 said:

Richard1212 said:

You sound like a candidate for an ISA, Robert. I don't bother with them but they are solid for beginners ( though they usually result in people not bothering to find out all about investing by themselves, which is a shame).
When you learn everything about investing and all its complexities, it is far more interesting to invest in individual companies by yourself ( or with professional advice) via an investment platform  and , if you have enough capital, to filter your money through such a platform and build up your own portfolio.

For someone starting off , leaving boring ISAs aside, you may wish to look at a good investment platform----Etoro springs to mind : simple, straightforward, easy to use ----and you can put in as much as you want and take out as much as you want quickly and efficiently in complete safety ( though the share prices themselves are, of course , never "safe" .

But, as other posters have said, investing is not a simple matter. So my suggestion is to go for ISA; and, if you want to handle your own buying and selling, especially if you have large amounts, take the ISA time to learn all you can about stocks and shares and dealing----there is plenty of info available on google ( and you need all of it ). Whatever you decide on, Robert, I wish you every success and I also hope you have fun as well. All the best.

Someone with this level of knowledge should not be offering advice or opinions to others. 

Why such vitriol and hate when I have been investing for over 30 years and have a large portfolio usually consisting of diverse companies in about 8 or 9 sectors ?  All I have done is to recommend an ISA to Robert as he seems like a good candidate---but also mentioned how much fun and interest comes from investing without the ISA umbrella, but that he should learn as much as he can first. Surely that paraphrasing of my post cannot elicit such a nasty post as yours ???? .Bewildered!

What fun and interest do you have outside an ISA which you cant have inside?  The only one I can think of is working out your Capital Gains Tax. 

There are a lot of stocks available on GIA but are not available on S&S ISA. Let alone if you include CFD.

Linton

adindas said:

Linton said:

Richard1212 said:

NoviceInvestor1 said:

Richard1212 said:

You sound like a candidate for an ISA, Robert. I don't bother with them but they are solid for beginners ( though they usually result in people not bothering to find out all about investing by themselves, which is a shame).
When you learn everything about investing and all its complexities, it is far more interesting to invest in individual companies by yourself ( or with professional advice) via an investment platform  and , if you have enough capital, to filter your money through such a platform and build up your own portfolio.

For someone starting off , leaving boring ISAs aside, you may wish to look at a good investment platform----Etoro springs to mind : simple, straightforward, easy to use ----and you can put in as much as you want and take out as much as you want quickly and efficiently in complete safety ( though the share prices themselves are, of course , never "safe" .

But, as other posters have said, investing is not a simple matter. So my suggestion is to go for ISA; and, if you want to handle your own buying and selling, especially if you have large amounts, take the ISA time to learn all you can about stocks and shares and dealing----there is plenty of info available on google ( and you need all of it ). Whatever you decide on, Robert, I wish you every success and I also hope you have fun as well. All the best.

Someone with this level of knowledge should not be offering advice or opinions to others. 

Why such vitriol and hate when I have been investing for over 30 years and have a large portfolio usually consisting of diverse companies in about 8 or 9 sectors ?  All I have done is to recommend an ISA to Robert as he seems like a good candidate---but also mentioned how much fun and interest comes from investing without the ISA umbrella, but that he should learn as much as he can first. Surely that paraphrasing of my post cannot elicit such a nasty post as yours ???? .Bewildered!

What fun and interest do you have outside an ISA which you cant have inside?  The only one I can think of is working out your Capital Gains Tax. 

There are a lot of stocks available on GIA but are not available on S&S ISA. Let alone if you include CFD.

Yes, but of how much interest are they?  Would you want to use them for life-changing amounts of money?

ChesterDog

Linton said:

adindas said:

Linton said:

Richard1212 said:

NoviceInvestor1 said:

Richard1212 said:

You sound like a candidate for an ISA, Robert. I don't bother with them but they are solid for beginners ( though they usually result in people not bothering to find out all about investing by themselves, which is a shame).
When you learn everything about investing and all its complexities, it is far more interesting to invest in individual companies by yourself ( or with professional advice) via an investment platform  and , if you have enough capital, to filter your money through such a platform and build up your own portfolio.

For someone starting off , leaving boring ISAs aside, you may wish to look at a good investment platform----Etoro springs to mind : simple, straightforward, easy to use ----and you can put in as much as you want and take out as much as you want quickly and efficiently in complete safety ( though the share prices themselves are, of course , never "safe" .

But, as other posters have said, investing is not a simple matter. So my suggestion is to go for ISA; and, if you want to handle your own buying and selling, especially if you have large amounts, take the ISA time to learn all you can about stocks and shares and dealing----there is plenty of info available on google ( and you need all of it ). Whatever you decide on, Robert, I wish you every success and I also hope you have fun as well. All the best.

Someone with this level of knowledge should not be offering advice or opinions to others. 

Why such vitriol and hate when I have been investing for over 30 years and have a large portfolio usually consisting of diverse companies in about 8 or 9 sectors ?  All I have done is to recommend an ISA to Robert as he seems like a good candidate---but also mentioned how much fun and interest comes from investing without the ISA umbrella, but that he should learn as much as he can first. Surely that paraphrasing of my post cannot elicit such a nasty post as yours ???? .Bewildered!

What fun and interest do you have outside an ISA which you cant have inside?  The only one I can think of is working out your Capital Gains Tax. 

There are a lot of stocks available on GIA but are not available on S&S ISA. Let alone if you include CFD.

Yes, but of how much interest are they?  Would you want to use them for life-changing amounts of money?

Quite.

Logic would dictate pension and isa first.

Cus

There are many people with 7 figures wrapped in isas. Having a lot of money should make you even more attentive to tax benefits eg isas.  

Edit

Additionally, as you have confirmed you are using an advisory portfolio manager, they should be assisting with saving you even more money.

Prism

Richard1212 said:

I do not bother with them because I am fortunate enough not to have to bother with them. Yet, trying to understand O/P's position, I did indeed recommend that he used ISA. 

"Boring" is not a good word and I withdraw it ( though it doesn't deserve a hateful reaction)-----I just think one's own portfolio outside the ISA umbrella gives far more options, especially in NASDAQ, and it's far more "hands on". I meant nothing sinister except for giving my personal feelings, which I believe are allowed on this forum.

An ISA allows pretty much the same investment options as GIA so I'm not sure why you feel its more hands on. You want to invest in a small cap NASDAQ stock for example, then you can do it in an ISA. The only real difference is that you pay no tax on gains with an ISA. No reason not to use one

bostonerimus

For the vast majority of people the generous allowances of the UK's retirement accounts and the ISA will be more than enough for their investing needs. Share dealing can be done within the ISA, but I would advise people not to deal or indulge in single stocks or esoteric investments, just stick to investment funds offered by mainstream companies. Being in the USA I don't have access to anything like the ISA and I'm jealous of you UK investors as my non-retirement investing must be done inside a GIA and I can say that the capital gains and dividend taxation each year is a real pain.