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    • rookie123
    • By rookie123 16th Oct 16, 6:07 PM
    • 5Posts
    • 2Thanks
    Critique my S&S ISA choices.
    • #1
    • 16th Oct 16, 6:07 PM
    Critique my S&S ISA choices. 16th Oct 16 at 6:07 PM
    Hello all,

    First post here and would be interested in getting a second opinion on my savings decisions to make sure there's nothing I've overlooked or beginners errors I've made.

    So to set the scene a little. I'm 27 years old and have spent the last two years or so saving hard for a house deposit and managed to get my first house during the summer, before that I wasn't really saving anything but was paying off a car loan so now find my self in the fortunate position of no debt apart from mortgage and a recent increase in salary.

    Its this increase in salary, and the desire to do something useful with it which has brought me here. A few months ago, after a bit of reading I opened up a S&S ISA with the plan of picking a few funds that could slowly accumulate and hopefully give me a decent return with me contributing 500 per month:

    I ended up with these:
    • Vanguard Lifestrategy 100
    • Vanguard Lifestrategy 60
    • HSBC FTSE All Share Index
    • JPMorgan Emerging Markets Class B
    • Blackrock Global Property Securities Tracker
    • Standard Life UK Small Companies
    • Blackrock Gold and General
    • Vanguard UK Government Bond Index

    I feel like I should have some sort of global equities tracker in there somewhere but haven't decided on that yet.

    Also is there any reason why I shouldn't have two different vanguard lifestrategy? Do you think i would be better off combining those two into the lifestrategy 80?

    Long term I would like to build these funds up to a decent amount and then start looking for some high dividend shares, perhaps 10 to 15, these shares and the funds above will be the vast majority of any retirement savings I will end up with.

    So, is there any more knowledgable people who see any fatal flaws in my plan, or anywhere I will be missing out? I appreciate any replies.
Page 2
    • rookie123
    • By rookie123 18th Oct 16, 7:20 PM
    • 5 Posts
    • 2 Thanks
    Thanks for all the replies.

    Bowlhead, a lot of relevant information there, my original plan appears to have been a bit simplistic without looking at the finer details and as a result I've made it more complicated than it needed to be.

    I'll definitely be taking onboard what has been said and simplifying what I hold. still tempted to keep 5 or 10% to take a bit more risk though. Will do a lot more research before I make a decision on that though.
    • MatthewAinsworth
    • By MatthewAinsworth 19th Oct 16, 3:32 AM
    • 3,053 Posts
    • 1,199 Thanks
    I'm 100% small and medium cap in the sipp
    In for a penny, in for a lol
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