ISA - Stocks and Shares

gravel_2

slenderkitten said:

I've been looking around YouTube and online people saying  Vanguard S&P 500  is a good one to invest in when I look on Trading 212 app (I'm brand new to all of this so don't understand terminology yet), there appear to be several of them, any help so I know which one i should be looking at here?

There are two GBP denominated Vanguard SPX ETFs. VUSA and VUAG. One is accumulating, one is distributing.

SPX5/SPXL are cheaper.

Although I suggest not simply following something you happen to have seen on YouTube. Before investing do some learning, understand what funds are, how they are priced, your risk profile etc.

slenderkitten

gravel_2 said:

slenderkitten said:

I've been looking around YouTube and online people saying  Vanguard S&P 500  is a good one to invest in when I look on Trading 212 app (I'm brand new to all of this so don't understand terminology yet), there appear to be several of them, any help so I know which one i should be looking at here?

There are two GBP denominated Vanguard SPX ETFs. VUSA and VUAG. One is accumulating, one is distributing.

SPX5/SPXL are cheaper.

Although I suggest not simply following something you happen to have seen on YouTube. Before investing do some learning, understand what funds are, how they are priced, your risk profile etc.

I'm only spending small amounts to try it out I can afford to lose it. 

Spx5 what is that?

slenderkitten

I opened a Trading 212 which i trade small amounts to play about with it and learn from, but i'm considering a managed Stocks and Shares ISA for long term goals with Vanguard as I don't want to waste time by not investing properly, any thoughts on this route please how much does this route cost with them or anyone else if there are any better ones?

Also, any thoughts on their own Index funds I should look into?

Please remember I am still completely new to all this.

Thanks

Tonski

slenderkitten said:

I opened a Trading 212 which i trade small amounts to play about with it and learn from, but i'm considering a managed Stocks and Shares ISA for long term goals with Vanguard as I don't want to waste time by not investing properly, any thoughts on this route please how much does this route cost with them or anyone else if there are any better ones?

Also, any thoughts on their own Index funds I should look into?

Please remember I am still completely new to all this.

Thanks

From the vanguard website:

"That’s why we manage your investments for an all-in cost of just 0.60%. That includes our account fee, management fee and fund charges."

Managed ISA | Vanguard UK Investor (vanguardinvestor.co.uk)

I would strongly recommend that you don't go down this route though. 0.6% is extremely high for something you can do yourself with just a little bit of research. Starting out you just need a globally diverse, low cost (<0.2% fees) market weighted index fund that you pay into regular and then leave for at least 5 years (ideally longer). There are loads to choose from on Trading 212 or invest engine.

slenderkitten

Tonski said:

slenderkitten said:

I opened a Trading 212 which i trade small amounts to play about with it and learn from, but i'm considering a managed Stocks and Shares ISA for long term goals with Vanguard as I don't want to waste time by not investing properly, any thoughts on this route please how much does this route cost with them or anyone else if there are any better ones?

Also, any thoughts on their own Index funds I should look into?

Please remember I am still completely new to all this.

Thanks

From the vanguard website:

"That’s why we manage your investments for an all-in cost of just 0.60%. That includes our account fee, management fee and fund charges."

Managed ISA | Vanguard UK Investor (vanguardinvestor.co.uk)

I would strongly recommend that you don't go down this route though. 0.6% is extremely high for something you can do yourself with just a little bit of research. Starting out you just need a globally diverse, low cost (<0.2% fees) market weighted index fund that you pay into regular and then leave for at least 5 years (ideally longer). There are loads to choose from on Trading 212 or invest engine.

Yeah i opened Trading 212 ISA, I just have little understanding of what i'm doing on it i need to invest some training on how to use it!

gravel_2

slenderkitten said:

gravel_2 said:

slenderkitten said:

I've been looking around YouTube and online people saying  Vanguard S&P 500  is a good one to invest in when I look on Trading 212 app (I'm brand new to all of this so don't understand terminology yet), there appear to be several of them, any help so I know which one i should be looking at here?

There are two GBP denominated Vanguard SPX ETFs. VUSA and VUAG. One is accumulating, one is distributing.

SPX5/SPXL are cheaper.

Although I suggest not simply following something you happen to have seen on YouTube. Before investing do some learning, understand what funds are, how they are priced, your risk profile etc.

I'm only spending small amounts to try it out I can afford to lose it. 

Spx5 what is that?

ETFs are given different short hand names. Normally you will see a four character code (VUSA, VUAG, SPX5). If you search these on T212 you will find the corresponding funds. Underneath this each fund has an ISIN which is a longer stream of numbers and letters.

I like the website JustETF.com for researching. On this site you can readily research ETFs of all sorts. You can see performance information, some holdings information, which index they track, fund charges etc. You can also view the Key Investor Documents. Further there is a comparison feature where you can see multiple ETFs side by side to compare.

Key concept for passive investing is to understand the different indices that passive funds are trying to track. For example you could read official documents from FTSE Russell, MSCI and/or Solactive on what their methodology is and the performance of the underlying indices.

slenderkitten

gravel_2 said:

slenderkitten said:

gravel_2 said:

slenderkitten said:

I've been looking around YouTube and online people saying  Vanguard S&P 500  is a good one to invest in when I look on Trading 212 app (I'm brand new to all of this so don't understand terminology yet), there appear to be several of them, any help so I know which one i should be looking at here?

There are two GBP denominated Vanguard SPX ETFs. VUSA and VUAG. One is accumulating, one is distributing.

SPX5/SPXL are cheaper.

Although I suggest not simply following something you happen to have seen on YouTube. Before investing do some learning, understand what funds are, how they are priced, your risk profile etc.

I'm only spending small amounts to try it out I can afford to lose it. 

Spx5 what is that?

ETFs are given different short hand names. Normally you will see a four character code (VUSA, VUAG, SPX5). If you search these on T212 you will find the corresponding funds. Underneath this each fund has an ISIN which is a longer stream of numbers and letters.

I like the website JustETF.com for researching. On this site you can readily research ETFs of all sorts. You can see performance information, some holdings information, which index they track, fund charges etc. You can also view the Key Investor Documents. Further there is a comparison feature where you can see multiple ETFs side by side to compare.

Key concept for passive investing is to understand the different indices that passive funds are trying to track. For example you could read official documents from FTSE Russell, MSCI and/or Solactive on what their methodology is and the performance of the underlying indices.

spx5 comes up with SPDR S&P 500 UCITS ETF Dist LON: SPX5 on the web but comes up with several on Trading 212, is this right?

gravel_2

slenderkitten said:

gravel_2 said:

slenderkitten said:

gravel_2 said:

slenderkitten said:

I've been looking around YouTube and online people saying  Vanguard S&P 500  is a good one to invest in when I look on Trading 212 app (I'm brand new to all of this so don't understand terminology yet), there appear to be several of them, any help so I know which one i should be looking at here?

There are two GBP denominated Vanguard SPX ETFs. VUSA and VUAG. One is accumulating, one is distributing.

SPX5/SPXL are cheaper.

Although I suggest not simply following something you happen to have seen on YouTube. Before investing do some learning, understand what funds are, how they are priced, your risk profile etc.

I'm only spending small amounts to try it out I can afford to lose it. 

Spx5 what is that?

ETFs are given different short hand names. Normally you will see a four character code (VUSA, VUAG, SPX5). If you search these on T212 you will find the corresponding funds. Underneath this each fund has an ISIN which is a longer stream of numbers and letters.

I like the website JustETF.com for researching. On this site you can readily research ETFs of all sorts. You can see performance information, some holdings information, which index they track, fund charges etc. You can also view the Key Investor Documents. Further there is a comparison feature where you can see multiple ETFs side by side to compare.

Key concept for passive investing is to understand the different indices that passive funds are trying to track. For example you could read official documents from FTSE Russell, MSCI and/or Solactive on what their methodology is and the performance of the underlying indices.

spx5 comes up with SPDR S&P 500 UCITS ETF Dist LON: SPX5 on the web but comes up with several on Trading 212, is this right?

I don't know what you are asking. This is what comes up on T212 as the first result.

slenderkitten

gravel_2 said:

slenderkitten said:

gravel_2 said:

slenderkitten said:

gravel_2 said:

slenderkitten said:

I've been looking around YouTube and online people saying  Vanguard S&P 500  is a good one to invest in when I look on Trading 212 app (I'm brand new to all of this so don't understand terminology yet), there appear to be several of them, any help so I know which one i should be looking at here?

There are two GBP denominated Vanguard SPX ETFs. VUSA and VUAG. One is accumulating, one is distributing.

SPX5/SPXL are cheaper.

Although I suggest not simply following something you happen to have seen on YouTube. Before investing do some learning, understand what funds are, how they are priced, your risk profile etc.

I'm only spending small amounts to try it out I can afford to lose it. 

Spx5 what is that?

ETFs are given different short hand names. Normally you will see a four character code (VUSA, VUAG, SPX5). If you search these on T212 you will find the corresponding funds. Underneath this each fund has an ISIN which is a longer stream of numbers and letters.

I like the website JustETF.com for researching. On this site you can readily research ETFs of all sorts. You can see performance information, some holdings information, which index they track, fund charges etc. You can also view the Key Investor Documents. Further there is a comparison feature where you can see multiple ETFs side by side to compare.

Key concept for passive investing is to understand the different indices that passive funds are trying to track. For example you could read official documents from FTSE Russell, MSCI and/or Solactive on what their methodology is and the performance of the underlying indices.

spx5 comes up with SPDR S&P 500 UCITS ETF Dist LON: SPX5 on the web but comes up with several on Trading 212, is this right?

I don't know what you are asking. This is what comes up on T212 as the first result.

it just came up with a long list that all have S&P 500 included in the name i didn't expect that, now i understand that you mean it's the symbo i need to look for is that also called the ticker?