Investment £50 per month

[Deleted User]

Best place to put £50 a month away into with the view of long term placement.
also if you could provide a platform to use I would appreciate it.

I am not interested in digital currency or vanguard as I can only do at most £50-£80 per month 

 funds only please 

ColdIron

Duplicate thread?

You had some good responses. Have you dismissed them?

https://forums.moneysavingexpert.com/discussion/6473143/approaching-30

[Deleted User]

ColdIron said:

Duplicate thread?

You had some good responses. Have you dismissed them?

https://forums.moneysavingexpert.com/discussion/6473143/approaching-30

People quoted Vanguard…minimum investment of £100 along with pension which I am against doing right now .

looking for investment only and the last topic seemed to have went off track very quickly

cloud_dog

Unless things have changed Vanguard are not particularly strict on the monthly amount.  Yes you need to set it up with £100pm and probably let the first months payment go through, but from all accounts yiu can then simply reduce the amount to £50.

ZeroSum

[Deleted User] said:

ColdIron said:

Duplicate thread?

You had some good responses. Have you dismissed them?

https://forums.moneysavingexpert.com/discussion/6473143/approaching-30

People quoted Vanguard…minimum investment of £100 along with pension which I am against doing right now .

looking for investment only and the last topic seemed to have went off track very quickly

With vanguard, once you have the initial £500 invested, you have then invest as little as you want. 

xylophone

https://www.diyinvestor.net/investment-trust-saving-schemes/#:~:text=Investment Basics: Investment Trust Saving Schemes,-DIY Investor&text=An ITSS enables the investor,as £10 per month.

Swipe

ZeroSum said:

[Deleted User] said:

ColdIron said:

Duplicate thread?

You had some good responses. Have you dismissed them?

https://forums.moneysavingexpert.com/discussion/6473143/approaching-30

People quoted Vanguard…minimum investment of £100 along with pension which I am against doing right now .

looking for investment only and the last topic seemed to have went off track very quickly

With vanguard, once you have the initial £500 invested, you have then invest as little as you want. 

You don't even need an initial £500. Just set up a DD for £100 and then cancel it once the first one has gone through.

DiamondLil

CSD allow monthly investing for £50 per month. 

https://www.charles-stanley.co.uk/services/invest/diy/direct-investment

Janie2008

I have a £50 a month account with Fidelity. I have 2 different funds ,£25 each at the moment. I did start with vanguard so £50 was allowed but currently have legal and general international and Fundsmith equity.

Eco_Miser

Monevator did a piece about this recently https://monevator.com/how-to-invest-on-a-budget/ 

Janie2008

Also it was pointed out on the other thread you can put as little as £25 in vanguard just have to use a platform such as Fidelity or H and L.