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

jimjames

hieveryone said:

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 🤣 

If you bought a loaf of bread yesterday for £1 and today they are 50p would that be a good thing?

Sg28

When I re evaluted my investments and consolidated them into just a couple of funds mid 2023 it was around 4 months before they came out of the red. During that time I kept up my monthly subscriptions. 

18 months later the investments were around +40% 

Now, It stands somewhere around +15% 

 Today Ive added some extra spare cash into my ISA (new tax year) and my usual monthly subscriptions paid in as they do every month. 

hieveryone

Sg28 said:

When I re evaluted my investments and consolidated them into just a couple of funds mid 2023 it was around 4 months before they came out of the red. During that time I kept up my monthly subscriptions. 

18 months later the investments were around +40% 

Now, It stands somewhere around +15% 

 Today Ive added some extra spare cash into my ISA (new tax year) and my usual monthly subscriptions paid in as they do every month. 

Thank you a the monthly subscriptions might work better for me than a lump sum. 

wmb194

hieveryone said:

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 🤣 

Are you new to investing in general? Markets do go up and down. Google charts for e.g., FTSE100, DAX40, CAC40, S&P500.

hieveryone

wmb194 said:

hieveryone said:

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 🤣 

Are you new to investing in general? Markets do go up and down. Google charts for e.g., FTSE100, DAX40, CAC40, S&P500.

wmb194 said:

hieveryone said:

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 🤣 

Are you new to investing in general? Markets do go up and down. Google charts for e.g., FTSE100, DAX40, CAC40, S&P500.

Very! 🙈 can you tell?! 🤣

DirtyConcrete

jimjames said:

hieveryone said:

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 🤣 

If you bought a loaf of bread yesterday for £1 and today they are 50p would that be a good thing?

Not if you were relying on reselling that bread at some point, and the price didn't increase after you bought it before you needed the money...

Middle_of_the_Road

jimjames said:

hieveryone said:

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 🤣 

If you bought a loaf of bread yesterday for £1 and today they are 50p would that be a good thing?

This can't be right, everyone knows bread always rises. 🙂

eskbanker

DirtyConcrete said:

Not if you were relying on reselling that bread at some point, and the price didn't increase after you bought it before you needed the money...

Yes, not good if you 'kneaded the dough' then....

masonic

hieveryone said:

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 🤣 

You've only lost money if you sell at that value. The value at the moment has no relevance if you don't intend to sell. It tells you nothing about what your investments will be worth years into the future. Today's price is relevant if you are considering buying. And it is a better price than you achieved for your last purchase.

hieveryone

masonic said:

hieveryone said:

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 🤣 

You've only lost money if you sell at that value. The value at the moment has no relevance if you don't intend to sell. It tells you nothing about what your investments will be worth years into the future. Today's price is relevant if you are considering buying. And it is a better price than you achieved for your last purchase.

That’s true, it’s hard to get my head around it, I am definitely new to this and just need to sit tight 🙏🏼 thank you.