Do I just keep feeding in? S&S ISA with Moneybox.8

hieveryone

 I opened a S&S ISA with Moneybox with a little bit of my children’s money and to fill up my annual isa allowance. I deposited £980 and as of today it’s worth £945 🙈

My plan had been to either drip feed or put another couple of grand in, and then top up monthly, but I’m not so sure this is a good plan now? 

I’ve attached what stocks they have invested in. 

Thanks 



Global Shares
Overseas Corporate Bond ESG
Global Property Share ESG 

masonic

Why are you doubting that this is a good plan now? What's changed?

Albermarle

Investing is for the long term, so minor short term drops are not so important.

El_Torro

A 3.6% drop in the value of the investments isn't much to write home about. Investments are for the long term and some volatility is always expected.

hieveryone

masonic said:

Why are you doubting that this is a good plan now? What's changed?

Just with the relatively short time it has been since I opened it and already lost a bit 🥹

masonic

hieveryone said:

masonic said:

Why are you doubting that this is a good plan now? What's changed?

Just with the relatively short time it has been since I opened it and already lost a bit 🥹

So you bought some investments for a price of £980 a short while ago. Now you can buy the same investments for a price of only £945 and you are seeing that as a bad thing? Would you rather have paid £1016?

eskbanker

hieveryone said:

masonic said:

Why are you doubting that this is a good plan now? What's changed?

Just with the relatively short time it has been since I opened it and already lost a bit 🥹

Have you invested beyond your risk tolerance?

dunstonh

hieveryone said:

masonic said:

Why are you doubting that this is a good plan now? What's changed?

Just with the relatively short time it has been since I opened it and already lost a bit 🥹

Only a bit.   The recent falls are still relatively small.  Indeed, they are not in crash territory yet and nothing compared to 2000-2002, 2008 or 2020.

Your investment selection is a strange.  2 ESG funds and one non-ESG fund.   

Emmia

Is this one of the Standard Moneybox setups?

I think you just keep putting the money in and not look at it - anything you buy today is cheaper than yesterday and when it rebounds (it will) you'll get a good uplift.

I'm still putting money into my Moneybox ISA.

hieveryone

masonic said:

hieveryone said:

masonic said:

Why are you doubting that this is a good plan now? What's changed?

Just with the relatively short time it has been since I opened it and already lost a bit 🥹

So you bought some investments for a price of £980 a short while ago. Now you can buy the same investments for a price of only £945 and you are seeing that as a bad thing? Would you rather have paid £1016?

I’m relatively new to S&S ISAs so to my mind it looks like ‘my’ money is now worth £945, ie I’ve lost money. Which is never a good thing surely 🤣 

hieveryone

Emmia said:

Is this one of the Standard Moneybox setups?

I think you just keep putting the money in and not look at it - anything you buy today is cheaper than yesterday and when it rebounds (it will) you'll get a good uplift.

I'm still putting money into my Moneybox ISA.

dunstonh said:

hieveryone said:

masonic said:

Why are you doubting that this is a good plan now? What's changed?

Just with the relatively short time it has been since I opened it and already lost a bit 🥹

Only a bit.   The recent falls are still relatively small.  Indeed, they are not in crash territory yet and nothing compared to 2000-2002, 2008 or 2020.

Your investment selection is a strange.  2 ESG funds and one non-ESG fund.   

dunstonh said:

hieveryone said:

masonic said:

Why are you doubting that this is a good plan now? What's changed?

Just with the relatively short time it has been since I opened it and already lost a bit 🥹

Only a bit.   The recent falls are still relatively small.  Indeed, they are not in crash territory yet and nothing compared to 2000-2002, 2008 or 2020.

Your investment selection is a strange.  2 ESG funds and one non-ESG fund.   

Yes this is a standard Moneybox ‘medium’ set up. Would there be a better option?