Just used my full ISA allowance

13

Comments

  • [Deleted User]
    [Deleted User] Posts: 47 Forumite
    First Post
    capital0ne wrote: »
    It's meaningless to buy in anything less than £10k ... I'm sure many of you have the same problem. Makes drip feeding a complete waste of time.

    Erm, no!

    Some of us don't have any option other than to drip feed.
  • capital0ne
    capital0ne Posts: 872 Forumite
    First Anniversary First Post
    A_T wrote: »
    Do you use an IFA to help you manage your vast wealth?
    I do, it would be madness not to!
  • capital0ne
    capital0ne Posts: 872 Forumite
    First Anniversary First Post
    This has to be the funniest thread of the year, well done everyone!
  • John-K_3
    John-K_3 Posts: 681 Forumite
    capital0ne wrote: »
    I've just used up my full ISA allowance, when you get to a largish portfolio, it's meaningless to buy in anything less than £10k in my case because it would be such a small single digit percentage of my total sum. So i only invested in two equities.

    I'm sure many of you have the same problem. Makes drip feeding a complete waste of time.
    What a bizarre post. It reads like you are trying to be boastful, but falling really short.
  • eskbanker
    eskbanker Posts: 30,991 Forumite
    First Anniversary Name Dropper Photogenic First Post
    capital0ne wrote: »
    This has to be the funniest thread of the year, well done everyone!
    If only everyone was laughing with you, eh?
  • ivormonee
    ivormonee Posts: 395 Forumite
    Name Dropper First Anniversary First Post
    I've just spent ages on the loo, doing a lot of p*o, because just doing some of it would mean I'd have to keep going back to do more which would be a waste of time.
  • Herbalus
    Herbalus Posts: 2,634 Forumite
    First Anniversary Name Dropper First Post
    capital0ne wrote: »
    I've just used up my full ISA allowance, when you get to a largish portfolio, it's meaningless to buy in anything less than £10k in my case because it would be such a small single digit percentage of my total sum. So i only invested in two equities.

    Though if we actually do the maths on this, you only need a £200k portfolio for a £10k contribution to increase the pot by a "small single digit" (in this case 5%).

    So it may not actually be that grand in the scheme of things. Certainly to reach £200k over 20, 30 or 40 years (including pensions) is eminently achievable, and in some circumstances possibly quite poor.

    It's even reasonably probable that an IFA may not be interested in such a "largish" pot because several round my way turn their noses up at anything below £250k.
  • firestone
    firestone Posts: 520 Forumite
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    ivormonee wrote: »
    I've just spent ages on the loo, doing a lot of p*o, because just doing some of it would mean I'd have to keep going back to do more which would be a waste of time.
    thanks for not using the words lump & drip feed :T
  • ChesterDog
    ChesterDog Posts: 1,112 Forumite
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    firestone wrote: »
    thanks for not using the words lump & drip feed :T

    ...or pump and dump.
    I am one of the Dogs of the Index.
  • bowlhead99
    bowlhead99 Posts: 12,295 Forumite
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    ChesterDog wrote: »
    ...or pump and dump.
    Two euphemisms, one cup.
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