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  • FIRST POST
    • george4064
    • By george4064 17th May 19, 7:20 PM
    • 1,147Posts
    • 1,179Thanks
    george4064
    Investec Click & Invest - closed to new business
    • #1
    • 17th May 19, 7:20 PM
    Investec Click & Invest - closed to new business 17th May 19 at 7:20 PM
    Interesting decision here....

    I wonder how much AuM they had and where itís likely to go....

    Also would be interesting to hear from any current clients and their feelings about this announcement.

    You can read the announcement here: https://marketing.investec.com/ZA/clickandinvest/

    Press release here: https://marketing.investec.com/ZA/clickandinvest/Click_&_Invest_16_May_2019_Press_Release.pdf
    "If you arenít willing to own a stock for ten years, donít even think about owning it for ten minutesĒ Warren Buffett

    Save £12k in 2017 - #003 £12,427.51 (104%)
    Save £12k in 2018 - #004 £9,165.94 (46%)
    Save £12k in 2019 - #007 £8,654.09 (72%)
Page 1
    • dunstonh
    • By dunstonh 17th May 19, 10:49 PM
    • 98,274 Posts
    • 66,506 Thanks
    dunstonh
    • #2
    • 17th May 19, 10:49 PM
    • #2
    • 17th May 19, 10:49 PM
    The first of many. (although they may not be the first).

    Expectation is that a good number will fail or be taken over. The market is not big enough for the number of players and growth has not been good and what there has been has been bought and unprofitable.
    I am an Independent Financial Adviser (IFA). Comments are for discussion purposes only. They are not financial advice. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.
    • jamei305
    • By jamei305 18th May 19, 5:40 AM
    • 385 Posts
    • 450 Thanks
    jamei305
    • #3
    • 18th May 19, 5:40 AM
    • #3
    • 18th May 19, 5:40 AM
    Judging by the posts on here, newbie potential investors with more than £10k to invest and who aren't confident going the DIY route want a human to explain to them what to do - they don't want a website that will invest their money automatically.
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