Best platform for S&S ISA

MallyGirl

dont_use_vistaprint said:

ColdIron said:

You could play about with this link. I can't make their numbers equal mine but they are in the ballpark and give you an idea of who is good and bad for your patterns

https://www.comparefundplatforms.com

dont_use_vistaprint said:

Goals are to invest primarily (80%) in funds that track the market

PS you can make considerable savings by using ETFs rather than funds (OEICs) if you will be using trackers so enter these as 'Shares' rather than 'Funds'

Thanks, that’s what I meant. I think ETFs, to be honest i’m not sure everybody keeps just saying to me just get something that’s tracks the market, which makes no sense to me I’d rather someone I trust on here  tell me what to buy to di this and on which platform :-) 

No one is going to tell you what to buy. That is a regulated activity.
There are many knowledgeable people on here but what they offer is opinion and personal experience - everyone is  anonymous and unverified so trust is an interesting word to use. 
You will need to do some basic reading - on here, blogs like monevator, etc. That will explain the basic terminology and what multi asset funds are (which may be all you need)

dont_use_vistaprint

AlanP_2 said:

A lot of mainstream UK based platforms are unlikely to get involved in single company issues being IPOd on the NYSE I would have thought.

I don't know for sure as it has never been something I've looked in to so you would need to check each platform very carefully if that is the sort of thing you want to do.

Can you even hold NYSE listed securities in an ISA?

I don’t know. 

I guess I want to to do what so many people seem to be advising me to do is not hold everything in cash and have something in a s&s ISA that tracks the market - still trying to figure out what that means - Maybe someone can give an actual recommendation  of exactly  what to buy and where is the best fees/price ? 

Second there are individual companies mostly in emerging markets that I want to back, they list on various exchanges, including NYSE, Some also issue five and 10 year bonds that pay good levels of coupon interest that I need to buy. But all this is max 20% of the amount I want to risk the 80% I just want tracking the market and hopefully beating cash isa rates  over the next few years

jimjames

dont_use_vistaprint said:

AlanP_2 said:

A lot of mainstream UK based platforms are unlikely to get involved in single company issues being IPOd on the NYSE I would have thought.

I don't know for sure as it has never been something I've looked in to so you would need to check each platform very carefully if that is the sort of thing you want to do.

Can you even hold NYSE listed securities in an ISA?

- Maybe someone can give an actual recommendation  of exactly  what to buy and where is the best fees/price ? 

As above, no-one here can give you an actual recommendation. If you want that then you really need to go to an IFA but that advice will cost you.

Best fees/price will again depend on circumstances. Some like HL are more expensive but apparently give a better service. Others are no frills but cheaper. Same with supermarkets, some people happy with Aldi but others prefer Waitrose.

I have to say it's a bit of a strange mix that you don't know what you want to get as an index tracker which should be a very simple choice but also want to buy emerging markets shares which would be a far more complex activity.

dont_use_vistaprint

jimjames said:

dont_use_vistaprint said:

AlanP_2 said:

A lot of mainstream UK based platforms are unlikely to get involved in single company issues being IPOd on the NYSE I would have thought.

I don't know for sure as it has never been something I've looked in to so you would need to check each platform very carefully if that is the sort of thing you want to do.

Can you even hold NYSE listed securities in an ISA?

- Maybe someone can give an actual recommendation  of exactly  what to buy and where is the best fees/price ? 

As above, no-one here can give you an actual recommendation. If you want that then you really need to go to an IFA but that advice will cost you.

Best fees/price will again depend on circumstances. Some like HL are more expensive but apparently give a better service. Others are no frills but cheaper. Same with supermarkets, some people happy with Aldi but others prefer Waitrose.

I have to say it's a bit of a strange mix that you don't know what you want to get as an index tracker which should be a very simple choice but also want to buy emerging markets shares which would be a far more complex activity.

I can understand why people are reluctant to give recommendations or examples  on here vs other types of forums like IT or DIY! but it is actually helpful to do so - just caveat with your reasons why .

for example, I’ve just gone with T212 for now it seems the cheapest according to MSE and other sites, and has Vanguard ETFs that look good for index trackers. 

The emerging markets telecommunications power and tech is just stuff that I know a lot about globally and keep up-to-date on. so there are specific companies that I want to back at specific times that’s all

masonic

If you have specific expertise in an industry then you can of course put that to the test. It is not something I would do, as I consider my knowledge gained within my industry a bit of a blindspot, as it makes it harder for me to view things from the perspective of an impassive external investor. I have also seen colleagues try to leverage this and it hasn't ended well. So it is sensible to keep such things confined to a small corner of your portfolio.

My starting point is the broadest global index possible, either FTSE All-world or MSCI ACWI. From there I have dialled down my US exposure by about a quarter and redistributed that to rest of world, particularly UK small caps. I have also split US exposure between S&P500 and S&P mid cap 400, roughly as market cap would dictate. This dilutes my Mag7 holdings to a level I am comfortable with. I have low conviction that this will deliver higher returns in the long run, so you might prefer a simple single fund like FWRG. Otherwise it is necessary to hang together several regional funds. I also recently went from 100% equities to adding 10% bonds to my portfolio (mix of global aggregate and short dated index linked gilts) and will be increasing this as I near retirement. Perhaps adding some gold too if it falls to sensible valuations. As I move from my accumulation phase towards drawing down on capital, then preservation of capital becomes more important. But this will be in small steps and will keep the majority in equities where it has the best long-term prospects. I have had a very good run over the past ~15-20 years, but nobody knows what the future holds.

dont_use_vistaprint

masonic said:

If you have specific expertise in an industry then you can of course put that to the test. It is not something I would do, as I consider my knowledge gained within my industry a bit of a blindspot, as it makes it harder for me to view things from the perspective of an impassive external investor. I have also seen colleagues try to leverage this and it hasn't ended well. So it is sensible to keep such things confined to a small corner of your portfolio.

My starting point is the broadest global index possible, either FTSE All-world or MSCI ACWI. From there I have dialled down my US exposure by about a quarter and redistributed that to rest of world, particularly UK small caps. I have also split US exposure between S&P500 and S&P mid cap 400, roughly as market cap would dictate. This dilutes my Mag7 holdings to a level I am comfortable with. I have low conviction that this will deliver higher returns in the long run, so you might prefer a simple single fund like FWRG. Otherwise it is necessary to hang together several regional funds. I also recently went from 100% equities to adding 10% bonds to my portfolio (mix of global aggregate and short dated index linked gilts) and will be increasing this as I near retirement. Perhaps adding some gold too if it falls to sensible valuations. As I move from my accumulation phase towards drawing down on capital, then preservation of capital becomes more important. But this will be in small steps and will keep the majority in equities where it has the best long-term prospects. I have had a very good run over the past ~15-20 years, but nobody knows what the future holds.

Thanks this is super helpful.

i’ve just actually been reading about the weighting issue of the mag7 on S&P 500 and how balanced versions are forecasting maybe 5 more percentage points than the gloomy recent forecasts.

i’m definitely not gonna be investing much in the areas of my own expertise. It’s more out of interest. I still get  to the quarterly earnings release WebEx at a few companies  or at least check the transcripts later that day and always find it fascinating the types of questions the investors ask about the future revenue & growth forecasts and the response given probably understood  a lot more to me than the investors asking them ! :-)