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advice on regular payments into a SIPP please
Comments
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I assume you have Free Regular Investment set up for your monthly subscriptions (I haven't read through the whole thread to check). If so, it is easy to add a one-off additional investment using the "Extra investment this month" column. So still a manual adjustment but easier than setting up a completely new one-off investment.sadexpunk said:
so the question is...... whats the easiest way of chucking this in the fund? do it manually every now and then? or is there something i can set up to invest any balance every now and then?loose does not rhyme with choose but lose does and is the word you meant to write.0 -
yes ive got £100 DD set up to go into the fund each month. i couldnt see the 'extra investments this month' column anywhere so i just went into the fund and hit the 'buy more' tab and have set up a one-off payment from there, so its pending now.I assume you have Free Regular Investment set up for your monthly subscriptions (I haven't read through the whole thread to check). If so, it is easy to add a one-off additional investment using the "Extra investment this month" column. So still a manual adjustment but easier than setting up a completely new one-off investment.
thank you0 -
in the same position again, i have £150 cash, but cant see any 'extra investment this month' column anywhere, only 'buy more' and 'sell' buttons.
am i missing something obvious, or should i just click the 'buy more' button and just go ahead?
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If you get a free trade every month then use "Buy more" - I tend to leave cash until I've around £500 and do a buy then, but if you don't pay for trading there's no particular benefit in waiting.
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In the app at the bottom of the setup regular investment page there is a toggle to add extra investment
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under 'portfolio' i have 'free regular investing', but no 'regular investments', and certainly no toggle anyway for an 'extra investment'. i note yours mentions funds from your ISA, this may be different then as mines a SIPP?
i guess i just need to use this method then and just 'buy more' and hope i dont get charged for it.
thank you
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