Attention: Please take a moment to consider our terms and conditions before posting.
Savings and Investments thread
Comments
-
£50 for me; first win for ages! Just moved a chunk of money from a cash ISA back into Premium Bonds. Trying to summon up the courage to buy some Cineworld shares!
0 -
Incredible! The odds on that happening must be pretty high.Rob7Lee said:As per usual my Father in law won, £150. It's now been over 3 years since he last didn't win and only 4 times has he won less than £100! Some people get all the luck.1 -
It's become a standing joke in our family, as you say, the odds must be pretty high even though he does have the maximum amount.Fortune 82nd Minute said:
Incredible! The odds on that happening must be pretty high.Rob7Lee said:As per usual my Father in law won, £150. It's now been over 3 years since he last didn't win and only 4 times has he won less than £100! Some people get all the luck.0 -
Our recently acquired bundle will make their debut in the draw in January.
Hoping for beginners' luck !4 -
So do I. I think I got £150, once, since I lifted it to the max, which would be over 2 years ago, after we settled my late Mum's estate.Rob7Lee said:
It's become a standing joke in our family, as you say, the odds must be pretty high even though he does have the maximum amount.Fortune 82nd Minute said:
Incredible! The odds on that happening must be pretty high.Rob7Lee said:As per usual my Father in law won, £150. It's now been over 3 years since he last didn't win and only 4 times has he won less than £100! Some people get all the luck.0 -
On the other hand, as I mentioned I used the last dip in markets to invest into three Baillie Gifford funds, inspired by @golfaddick confidence in the house. So just over 4 weeks ago. Here is how those investments stand now:
Global Discovery +8.8%
Managed: +6.3%
Positive Change: +12.2%
Of course what I invested is way less than what I have in Premium Bonds. If only I had more bottle....
0 -
Would have been better moving your Cash ISA into a Stocks & Shares one if you were looking for a better return. You've now lost all that tax-free money. Yes, PB's are tax free but you can't get back the ISA allowance you have now lost forever.Killarahales said:£50 for me; first win for ages! Just moved a chunk of money from a cash ISA back into Premium Bonds. Trying to summon up the courage to buy some Cineworld shares!0 -
Have a chunk of change coming my way from the sale of Slack to Salesforce last night, mix of cash and stock in Salesforce.0
-
Yes, this I'm afraid. The Government have to pay for Covid somehow & the quickest & easier way is to use existing money. What better than the millions & millions just sitting idly in NS&I. Give the public the catch of "security" and the chance to win the "big one" and they will fall for it.Fortune 82nd Minute said:This is the first draw after the prize winning rates have been cut. Less money in the prize pot, less winners. Get used to reduced prizes I'm afraid.
I'll just keep topping up my Pension & ISA. All that lovely tax-free growth......with all the protection that the FCA has ensured.0 -
Rob7Lee said:
Just type your bond number in on the website.Bangkokaddick said:I don't normally get an email until about the 4th of the month. Still hoping!!!
Just checked on the app. £25!
2 - Sponsored links:
-
Baillie G are very good funds, I switched my ISA provider in Feb (Edit May having just checked) this year and on the two of their funds I have this as the result. Should have lumped everything in there!PragueAddick said:On the other hand, as I mentioned I used the last dip in markets to invest into three Baillie Gifford funds, inspired by @golfaddick confidence in the house. So just over 4 weeks ago. Here is how those investments stand now:
Global Discovery +8.8%
Managed: +6.3%
Positive Change: +12.2%
Of course what I invested is way less than what I have in Premium Bonds. If only I had more bottle....
My SIPP I switched a month later and some more about 3 months later and again the result on 5 funds; Bonds obviously have performed not as well but I like a balance
Vanguard in my ISA are doing OK as well;
2 -
It would be interesting to see the Vanguard US Equity fund side-by-side with the BG American one. On those figures the BG one has outperformed by around 10% but I don't think they are over the same time span (according to you)Rob7Lee said:
Baillie G are very good funds, I switched my ISA provider in Feb (Edit May having just checked) this year and on the two of their funds I have this as the result. Should have lumped everything in there!PragueAddick said:On the other hand, as I mentioned I used the last dip in markets to invest into three Baillie Gifford funds, inspired by @golfaddick confidence in the house. So just over 4 weeks ago. Here is how those investments stand now:
Global Discovery +8.8%
Managed: +6.3%
Positive Change: +12.2%
Of course what I invested is way less than what I have in Premium Bonds. If only I had more bottle....
My SIPP I switched a month later and some more about 3 months later and again the result on 5 funds; Bonds obviously have performed not as well but I like a balance
Vanguard in my ISA are doing OK as well;0 -
Thanks Golfie. Met halfway and bought the Cineworld shares I was thinking about after my original post.golfaddick said:
Would have been better moving your Cash ISA into a Stocks & Shares one if you were looking for a better return. You've now lost all that tax-free money. Yes, PB's are tax free but you can't get back the ISA allowance you have now lost forever.Killarahales said:£50 for me; first win for ages! Just moved a chunk of money from a cash ISA back into Premium Bonds. Trying to summon up the courage to buy some Cineworld shares!
0 -
The BG was purchased 23/7 in one lump, the vanguard was a monthly buy.0
-
0
-
0 -
Wow......great work.Rob7Lee said:
Might use that in front of clients 😀 to show the difference between passive & active managment. And don't forget, the 3 & 5 year figures are annualised......so for 3 years its 136% v 40%.0 -
No worries, if you need any financial advice my fee's are very reasonablegolfaddick said:
Wow......great work.Rob7Lee said:
Might use that in front of clients 😀 to show the difference between passive & active managment. And don't forget, the 3 & 5 year figures are annualised......so for 3 years its 136% v 40%.
Yes annualised for the three and five year, as you say £10k in for the three year becomes roughly 24,000 and 14,000 so a sizeable difference, if you had £100k to start thats roughly 240,000 v 140,000............. wowzer!1 -
3 x £25 for me this month.3
-
I'd say it says a great deal about Baillie Gifford but the vast majority of the far too many active funds out there do not deliver such returns and fail to beat passives like Vanguard. That's well documented (see e.g Bestinvest's annual Spot the Dog)
Also.,, are those gains after deduction of respective management fees, because that's the other issue with active vs passive?2 - Sponsored links:
-
I believe it's performance of the fund so not including fees. Fee's between the two are 0.5% and 0.1% so yes a difference but not huge when you look at performance.PragueAddick said:I'd say it says a great deal about Baillie Gifford but the vast majority of the far too many active funds out there do not deliver such returns and fail to beat passives like Vanguard. That's well documented (see e.g Bestinvest's annual Spot the Dog)
Also.,, are those gains after deduction of respective management fees, because that's the other issue with active vs passive?
0 -
A lot of publications of late with worried investors that they maybe a bit too BG heavy, in their portfolio.
The returns are quite amazing and have certainly made wfh more interesting with learning and focus.
@PragueAddick, you did well buying on the dip at a time people would have thought most of the gains will have been made by now.0 -
It will include all fees, otherwise how else would they be deducted. The price / value of your funds once invested will then include all fees when you get any valuations.Rob7Lee said:
I believe it's performance of the fund so not including fees. Fee's between the two are 0.5% and 0.1% so yes a difference but not huge when you look at performance.PragueAddick said:I'd say it says a great deal about Baillie Gifford but the vast majority of the far too many active funds out there do not deliver such returns and fail to beat passives like Vanguard. That's well documented (see e.g Bestinvest's annual Spot the Dog)
Also.,, are those gains after deduction of respective management fees, because that's the other issue with active vs passive?
Which is why the difference between the 2 funds values over the longer term is testament to us advisers who recommend active funds over passive. Imagine you've invested in the Vanguard fund because you didn't want to pay BG 1% pa. Bonkers. I understand what @PragueAddick is saying that there are lots & lots of poorly performing funds......but that is why people should take advice. I do get a bit peeved at times when people can't see the value I provide.3 -
Sorry.......I came on here to say that the FTSE100 closed today at its highest level for 6 months. Just shy of 6500. Not sure it will reach my guess of 6666 by Dec 31st, but hoping it can close above 6500 by then.0
-
Astonished at how high it is given the remaining uncertainty. Maybe it's just the sectors that failing businesses are in?golfaddick said:Sorry.......I came on here to say that the FTSE100 closed today at its highest level for 6 months. Just shy of 6500. Not sure it will reach my guess of 6666 by Dec 31st, but hoping it can close above 6500 by then.
Interesting to see where it sits by June next year - Brexit transition and escaping from pandemnic. Interesting times for sure.0 -
I get why you get peeved, but I think people fall into broadly two camps;golfaddick said:
It will include all fees, otherwise how else would they be deducted. The price / value of your funds once invested will then include all fees when you get any valuations.Rob7Lee said:
I believe it's performance of the fund so not including fees. Fee's between the two are 0.5% and 0.1% so yes a difference but not huge when you look at performance.PragueAddick said:I'd say it says a great deal about Baillie Gifford but the vast majority of the far too many active funds out there do not deliver such returns and fail to beat passives like Vanguard. That's well documented (see e.g Bestinvest's annual Spot the Dog)
Also.,, are those gains after deduction of respective management fees, because that's the other issue with active vs passive?
Which is why the difference between the 2 funds values over the longer term is testament to us advisers who recommend active funds over passive. Imagine you've invested in the Vanguard fund because you didn't want to pay BG 1% pa. Bonkers. I understand what @PragueAddick is saying that there are lots & lots of poorly performing funds......but that is why people should take advice. I do get a bit peeved at times when people can't see the value I provide.
1. Think they know it all/or know enough, so do it themselves as 'cheaper'.
2. Know they don't know enough so take default options with the likes of Vanguard, but again on the basis of 'saving money' compared to a financial advisor.
The difficulty you have in particular with 1. is persuading them you know more/better to warrant the cost. Same applies to 2. but I think you could persuade them much much easier.
If I was in your shoes i'd take say 6/7 (or however many you think appropriate) of the top/most popular passive funds and again how ever many you feel is appropriate active funds. Take a timestamped picture of both and then in 6/9/12 months time show the variance like the graphs above. if that shows a considerably greater return you should be able to win over most of 2. and some of the 1.'s
You could even do a quarterly 'these are the funds i'd recommend' as of course things change over time.
Of course getting in front of people is probably the hardest part.
Whether you go to an advisor or not, i'd certainly recommend people review their pensions regularly. As we've indicated the last couple of days, leaving pensions to their own devices/default funds can make a huge, somewhat retirement changing, difference on your life.
PS, The FTSE is going to end at 6420 as i've been saying for months!?!1 -
Nonsense, its going to end at ..err..6450, as I've been saying for months! :-)
Good game, lorra fun :-)
and @golfaddick if it's any consolation, I've been impressed by the way in which you eventually embraced this thread and have been willing to share some of your knowledge here for free. If I thought I needed a re-structure of investments, I'd probably ask you. Re @Rob7Lee 's camps, I think there is a third one, older gits who gradually become more confident in what they are doing and *have more time to do it* as their careers wind down. I'm in that group.2 -
Thanks @PragueAddick.PragueAddick said:Nonsense, its going to end at ..err..6450, as I've been saying for months! :-)
Good game, lorra fun :-)
and @golfaddick if it's any consolation, I've been impressed by the way in which you eventually embraced this thread and have been willing to share some of your knowledge here for free. If I thought I needed a re-structure of investments, I'd probably ask you. Re @Rob7Lee 's camps, I think there is a third one, older gits who gradually become more confident in what they are doing and *have more time to do it* as their careers wind down. I'm in that group.
4 -
Been lurking in this thread for a while, trying to learn more about how best to invest and pick up a few things from the conversations here.
My gf and I are in fairly similar circumstances and was hoping for a bit of advice on where best to invest some money which we both want to put somewhere, we're both late 20s, looking to buy a house in the next few years, earning enough to save a few hundred monthly (my gf a bit more than me, especially if she stopped online shopping), brief summary of our position:
GF: Have a Help to Buy ISA already, about 1000 in a Credit Union, 1000 in a savings account, and she has about 3k in her current account which just sits there doing nothing other than look pretty.
Myself: Help to Buy ISA, a small stack of Premium Bonds, and a savings account which has 5.8k in it.
We've probably both got 5k worth of savings that we could put somewhere, would it be best to pick up an ISA with what we have available? @Rob7Lee post with the performance of his BG funds seemed impressive to me and I've noticed they've been favourites of nearly everyone on here - is this something we could get involved in through a Stocks + Shares ISA? Does this need much management on a personal behalf or can you just let it do its thing?
Lifetime ISA - Is this a better alternative to the Help to Buy ISA we both have? I understand you can have both, but only use the gov top up from one on a new house, would it be worth switching? Would we incur any fees if we did?
Apologies if this is a bit much to be asking, would really appreciate any feedback.1 -
Literally in the exact same boat as you mate, so interested in the answers. Possible difference is I run my own Ltd company and have about 10k in that that i could take out in dividends. Wondering what the best route forward for myself is. I also have a LISA - i think it works out slightly more lucrative than the help to buy isa, but youre capped at £450,000 to buy a first home - which is very limiting inside the m25, even with help to buy loan.LonelyNorthernAddick said:Been lurking in this thread for a while, trying to learn more about how best to invest and pick up a few things from the conversations here.
My gf and I are in fairly similar circumstances and was hoping for a bit of advice on where best to invest some money which we both want to put somewhere, we're both late 20s, looking to buy a house in the next few years, earning enough to save a few hundred monthly (my gf a bit more than me, especially if she stopped online shopping), brief summary of our position:
GF: Have a Help to Buy ISA already, about 1000 in a Credit Union, 1000 in a savings account, and she has about 3k in her current account which just sits there doing nothing other than look pretty.
Myself: Help to Buy ISA, a small stack of Premium Bonds, and a savings account which has 5.8k in it.
We've probably both got 5k worth of savings that we could put somewhere, would it be best to pick up an ISA with what we have available? @Rob7Lee post with the performance of his BG funds seemed impressive to me and I've noticed they've been favourites of nearly everyone on here - is this something we could get involved in through a Stocks + Shares ISA? Does this need much management on a personal behalf or can you just let it do its thing?
Lifetime ISA - Is this a better alternative to the Help to Buy ISA we both have? I understand you can have both, but only use the gov top up from one on a new house, would it be worth switching? Would we incur any fees if we did?
Apologies if this is a bit much to be asking, would really appreciate any feedback.0
