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Savings and Investments thread

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  • taking inflation into account

  • One of my funds was up about £90 since January and now its plummeted to plus £9
  • Salad said:
    I opened a Fidelity account in 2020 and have money in a handful of funds, within an ISA, I do not track/follow them, most have lost money in this time, all have once you allow for inflation (overall loss is 3.27% plus inflation).
    Best performing fund is Fidelity Index UK Fund P Accumulation in which I have apx 10% of my money, up 4.68% in this time (still well down in real terms).
    Fund I have most in is Fidelity Global Dividend Fund W-Accumulation (UK), about 30% of my money, down 2% (much more in real terms).
    Worst performing fund is IFSL Marlborough UK Micro-Cap Growth Fund P Acc in which I have apx 2.5% of my money, down 23.1% (much more in real terms).

    Reluctant to put any more money in but it is coming up to ISA deadline so time to review, any recommendations for fund(s) to invest in ?
    If you want to use this tax years ISA allowance but want / need time looking at which fund to invest into you could always put it into an instant access Cash ISA for now & then transfer it into your S&S ISA at a later date.
  • edited March 2023
    Salad said:
    I opened a Fidelity account in 2020 and have money in a handful of funds, within an ISA, I do not track/follow them, most have lost money in this time, all have once you allow for inflation (overall loss is 3.27% plus inflation).
    Best performing fund is Fidelity Index UK Fund P Accumulation in which I have apx 10% of my money, up 4.68% in this time (still well down in real terms).
    Fund I have most in is Fidelity Global Dividend Fund W-Accumulation (UK), about 30% of my money, down 2% (much more in real terms).
    Worst performing fund is IFSL Marlborough UK Micro-Cap Growth Fund P Acc in which I have apx 2.5% of my money, down 23.1% (much more in real terms).

    Reluctant to put any more money in but it is coming up to ISA deadline so time to review, any recommendations for fund(s) to invest in ?
    What was your strategy for investing into those funds originally  ?  What's you attitude to risk ?  Seems pretty high as they are all equity funds (although last year Bond funds did worse than equities). 

    You might need the help of a Financial Advisor 😉

    As an aside, 2020 onwards has seen quite a rollercoaster ride for equities. When lockdown started in March 2020 world stockmarkets generally fell around 25%, but by the summer they had recovered & by the end of 2020 most were in positive territory to where they were 12 months earlier, especially the US (IT stocks mainly). 2021 followed a similar pattern but last year was a nightmare. 2023 started well with gains of around 5% up until a month ago. Since then there has been fears of higher than expected interst rates (US....again) and stubborn inflation. Then there was SVB & now Credit Suisse. 

    My SIPP is back to where it was this time last year having been up almost 10% since Sept. 

    Measuring your portfolio against inflation doesn't really mean anything at this point, unless your aim was to specifically buy something in x months / years with that money, and which would be affected by inflation. If that was the case a S&S ISA might not have been the best place for it  
  • There are a couple of bonds, Jupiter Strategic Absolute Return Bond I GBP Hedged Acc biggest has about 17% of my funds (+0.43%).
    I did swap out a couple of bonds last year.
  • attitude to risk I'd say conservative side of medium.
  • I assume you put in lump sums? Ideally just pay a fixed amount a month, every month to minimise the highs and lows.
  • I used to but stopped last year since prices were inexorably down
  • Salad said:
    I used to but stopped last year since prices were inexorably down
    That's probably when you want to be drip feeding in.  But it does depend on your time horizon as well.  Assuming 5 years plus (as it should be for equities), try drip feeding.  You don't have to follow things day-to-day and over time, it will work well - a fixed amount will buy more when prices are cheap, less when they are expensive, known as pound cost averaging.
  • Salad said:
    There are a couple of bonds, Jupiter Strategic Absolute Return Bond I GBP Hedged Acc biggest has about 17% of my funds (+0.43%).
    I did swap out a couple of bonds last year.
    Probably got that recommendation of here.....from me. One of my favourite Bond funds. 
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  • edited March 2023
    Maybe I shouldn't bother too much about this year's ISA allowance but start drip feeding to one or two bond funds again.
  • £100 bonds return! Over the moon
  • Salad said:
    Maybe I shouldn't bother too much about this year's ISA allowance but start drip feeding to one or two bond funds again.
    Why bond funds ? 
  • Foxycafc said:
    £100 bonds return! Over the moon
    ?????
  • Salad said:
    There are a couple of bonds, Jupiter Strategic Absolute Return Bond I GBP Hedged Acc biggest has about 17% of my funds (+0.43%).
    I did swap out a couple of bonds last year.
    Probably got that recommendation of here.....from me. One of my favourite Bond funds. 
    I took due note of your Waverton . I swapped out a chunk of the dreaded Vanguard LS20 for some of that. Lets see. I have some Jupiter Strategic Bond, ( but not the version you mention above). Both have significantly out performed the Vanguard fund ( but in the last year so has cash under the mattress  🤣)
  • Wtf have I just heard.

    Politics Live seconds before they went over to PMQ's a point was raised that Kier Starmer has HIS OWN UNLIMITED  LTA under a specific piece of legislation FOR HIM when he was head of the DPP.

    What  !!!!!
  • If true the Tories are going to spin on that for a long time!
  • Citation needed…
  • Wtf have I just heard.

    Politics Live seconds before they went over to PMQ's a point was raised that Kier Starmer has HIS OWN UNLIMITED  LTA under a specific piece of legislation FOR HIM when he was head of the DPP.

    What  !!!!!
    As the DPP I'm assuming he was part of the Judicial Pension Scheme arrangements - i.e. exempt from LTA.
  • bobmunro said:
    Wtf have I just heard.

    Politics Live seconds before they went over to PMQ's a point was raised that Kier Starmer has HIS OWN UNLIMITED  LTA under a specific piece of legislation FOR HIM when he was head of the DPP.

    What  !!!!!
    As the DPP I'm assuming he was part of the Judicial Pension Scheme arrangements - i.e. exempt from LTA.
    Thats what I first thought but the way the question was asked (to the Labour MP) it seemed a special piece of Legislation just for him as head of the DPP.  But the questioner could have just been causing trouble / not knowing the full facts. 

    In any case, KS has already benefitted from a unlimited LTA - a law that he is going to vote against this afternoon for the rest of the UK population. 
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  • Seems bonkers, but then that's the world we currently live in....... 
  • Should former chief prosecutors be given tax free LTA is more the question, rather than anything to do with the labour leader. A quick win from starmer would simply to say he'd get rid of it if he becomes PM.
  • Wow.....just wow.

    His own special scheme that doesn't impact on his LTA. 

    Shame the masses don't really understand it all as it should really bring him down as Labour Leader. Not forgetting it was him that inserted into the Labour manifesto before the 2019 GE that they would have a 2nd referendum on Brexit.....which was the main reason why Labour lost last time out. 

    Bloke keeps shooting himself in the foot. 
    "Man shoots himself in the foot by becoming extremely successful lawyer years before probably becoming PM"
  • Sounds like this applied from his time as DPP, was put in place by the Conservative government of Cameron/Osborne and was comparable to similar conditions benefits available to judges. 
  • TelMc32 said:
    Sounds like this applied from his time as DPP, was put in place by the Conservative government of Cameron/Osborne and was comparable to similar conditions benefits available to judges. 
    Got the tory boys wetting themselves though  ;)
  • Chaz Hill said:
    TelMc32 said:
    Sounds like this applied from his time as DPP, was put in place by the Conservative government of Cameron/Osborne and was comparable to similar conditions benefits available to judges. 
    Got the tory boys wetting themselves though  ;)
    Tories might be shooting themselves in the foot if they push the subject seeing as they were the ones who introduced it then :P
  • Wow.....just wow.

    His own special scheme that doesn't impact on his LTA. 

    Shame the masses don't really understand it all as it should really bring him down as Labour Leader. Not forgetting it was him that inserted into the Labour manifesto before the 2019 GE that they would have a 2nd referendum on Brexit.....which was the main reason why Labour lost last time out. 

    Bloke keeps shooting himself in the foot. 
    "Man shoots himself in the foot by becoming extremely successful lawyer years before probably becoming PM"
    No.....shoots himself in the foot by publicly saying (after last weeks Budget) that the Chancellor was targeting the rich for "tax giveaways" when he had precisely the same thing. In fact, he has his own personal pension scheme that falls outside of the LTA rules. 

     hypocrisy at its finest. 
    it's not his own personal one though is it? It's for any former chief prosecutor.
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