What to do with 25 year old stocks and shares ISA

eskbanker

sassy456 said:

Thank you for clarifying.  My initial post was aimed at trying to make a reasonably sound decision re my 27 year old Stocks and shares ISA which according to my calculations has grown by £3K over the 27 years.

Hopefully you now accept that those calculations were inaccurate and that you've had substantial growth over that time?

sassy456 said:

I've stopped my monthly payment but really do not have a clue as to whether I should just leave it where it is with Fidelity or find a better place?

'Better' in what sense - what are you trying to achieve?

sassy456

I'm feeling I really am out of my depth re this issue.  My calculations are based on my contribution of £100 per month since April 1998 - i.e. £31,500.

MeteredOut

sassy456 said:

I'm feeling I really am out of my depth re this issue.  My calculations are based on my contribution of £100 per month since April 1998 - i.e. £31,500.

The details you provided (eg, https://forums.moneysavingexpert.com/discussion/comment/81558962/#Comment_81558962 ) state you have not paid in £31.5K, but nearer £18K. 

If you're adamant you've been paying £100/month for 27 years, contact the provider and ask why their figures don't match that. The content you posted indicated you had only paid around £18K (the total of the two Book Cost line items)

Do you have an online account where you could take some screenshots (with personal info removed) and post them here? Or photos of any letters, or copies of any emails.

MeteredOut

sassy456 said:

Even more confused following a conversation with Fidelity who said I have have had annual dividends of around £400 which don't show on any statements.  Now being directed to an adviser so just wondered if anyone out there can help?

Coming back to his - if you have been getting £400/year dividends for 27 years, that might account for any discrepancy. 

What did the advisor say? Was dunstonh correct above and you have ACC (accumulating) units, or were they INC (income) units?

dunstonh

What did the advisor say? Was dunstonh correct above and you have ACC (accumulating) units, or were they INC (income) units?

For reference, the OP gave the ISIN on page 1
GB00B88V3X40 
GB00B8HT7153 
Both are acc units.

poseidon1

sassy456 said:

I'm feeling I really am out of my depth re this issue.  My calculations are based on my contribution of £100 per month since April 1998 - i.e. £31,500.

That was my impression and the fact that your opening post indicated you tried to transfer your accumulated monies to a Nationwide cash ISA which is clearly something you understand .

In my opinion, at this stage you would be more comfortable with a cash ISA product generating interest you can understand, rather than stocks and shares investment products generating  growth and dividend income which you are  having difficulty comprehending.

Nationwide's interest rates on their cash ISAs are not particularly competitive, have you looked at other cash ISA providers you might be comfortable with which may offer better rates?

It would be a shame to prematurely curtail your ISA saving habit, when other options exsist.

Ch1ll1Phlakes

MeteredOut said:

sassy456 said:

Thank you for clarifying.  My initial post was aimed at trying to make a reasonably sound decision re my 27 year old Stocks and shares ISA which according to my calculations has grown by £3K over the 27 years.  I've stopped my monthly payment but really do not have a clue as to whether I should just leave it where it is with Fidelity or find a better place?

Can you share those calculations? Because everything you have posted here has indicated your return has been significantly more than that.

Yes please do send more info.