Deposit into current isa (financial advisor) or new index tracker

minority

Hi

So shirt story when my dad died his financial advisor set up isa and beneficiary pension for myself and the kids.

My isa is using standard life platform as I took it out due to my kids then getting commission free jisa however they lost paper work twice and they are now with Fidelity.

I am currently invested with 23k in 

CT MngEq Z A£
LF Portfolio VII C
VT AJ Bell Adven I 
WS Wise Multi-Asset Growth B

This has returned me around 13% return in last 12 months and I top up by £50 a month (required to get the josa that never worked out)

I also have another 20k in a 2 year cash isa (think it at 6+%) that will be merged into my stock and share when it matures.

I now have another £19,400 to add to my isa for this tax year and I am trying to decide if I should pop it in my current isa or setup a second which I will invest in a global tracker as I am keen to see the difference in which will return the most.

Just looking for some input in whether I should lump it together or move into a index tracker with the assumption that my cash isa will move into the best growing one.  

LHW99

If you are talking about a 100% equity global tracker, are you prepared to see your investment go up and down by maybe as much as 50%? That won't happen often (maybe) but changes of 5-10% are pretty common, and can make people worried enough to sell out when things go down (bad move, locks in the loss).

Also, how long are you able to leave the money invested? It would need to be for more than 10 years ideally, as you cannot be sure that the value will have increased if you need it in less.

GeoffTF

LHW99 said:

If you are talking about a 100% equity global tracker, are you prepared to see your investment go up and down by maybe as much as 50%? That won't happen often (maybe) but changes of 5-10% are pretty common, and can make people worried enough to sell out when things go down (bad move, locks in the loss).

Also, how long are you able to leave the money invested? It would need to be for more than 10 years ideally, as you cannot be sure that the value will have increased if you need it in less.

You cannot be sure the value will have increased in ten years either.

LHW99

GeoffTF said:

LHW99 said:

If you are talking about a 100% equity global tracker, are you prepared to see your investment go up and down by maybe as much as 50%? That won't happen often (maybe) but changes of 5-10% are pretty common, and can make people worried enough to sell out when things go down (bad move, locks in the loss).

Also, how long are you able to leave the money invested? It would need to be for more than 10 years ideally, as you cannot be sure that the value will have increased if you need it in less.

You cannot be sure the value will have increased in ten years either.

Agreed. Nor after any other timescale (15, 20 years etc). You just have a better chance the longer your investments are kept.

minority

Hi thanks for the replies.

Based on my financial advisor scores I am rated as a medium/high on my appetite for risk. 

I currently have near 300k in stock and share investment across pensions and isa.  My time scales for this money will be roughly 20 to 24 years e.g I won't be touching this money unless something drastic happens that my saving couldn't handle.

boingy

I'd say stick it in a tracker and check how much you are paying in charges for the Standard Life stuff and for the financial advisor.

minority

Thanks yeah it just an index tracker I assumed global would be best to allow for my money to be spread as my current funds are heavily focused in uk going by the map of where it is invested in