Curbs_Ball said:

Rothko said:

Started doing so low level investing via Monzo new platform which they are running with Blackrock, just small steps there, and see how it goes. https://monzo.com/investments/ 

Also interesting to see if Monzo can drive a load of business in that direction

How are you finding this platform in general so far?

On the back of this does anyone else have any low level investment platforms they would or any learning material they would recommend? 

I have been reading a lot of here recently about this, really keen to learn more and hopefully start doing things well slowly but surely  

IdleHans said:

The NS&I bonds paying 6.2% for 12 months have been withdrawn from sale. You might sneak in with a postal application, but they've essentially stopped now.

Was actually taking a snoop into this today and couldn't seem to find it, well there you go.

Rob7Lee said:

Up a nice 9% today on Metrobank, if it goes more than 10% I'll sell and run!

Assume you cashed in finished 20 points up today, I missed out unfortunately. However Echo Energy was a decent return for me, modest but any profit is decent 👍

Rob7Lee said:

Daarrzzetbum said:

Rob7Lee said:

Up a nice 9% today on Metrobank, if it goes more than 10% I'll sell and run!

Assume you cashed in finished 20 points up today, I missed out unfortunately. However Echo Energy was a decent return for me, modest but any profit is decent 👍

I was on calls to Munich all afternoon so didn’t get time… fingers crossed for Monday!

Finished up over 20% at 45.25, but had been as high as 50.7 during the day.  It did finish the day on the rise again, so hopefully nothing untoward over the weekend and further progress on Monday.

Rob7Lee said:

Metro Bank strikes deal to shore up balance sheet

https://www.bbc.co.uk/news/business-67048740

Fingers crossed

Bank of England seem happy with it. Doesn’t look to have been done in a way that dilutes existing shares, but can’t really tell from that story. We’ll see in the next hour or so. 

Rob7Lee said:

Trading at 54p currently. Once I get off the train I’ll be selling if they remain there, nice £5k profit!!

Seems to be jumping between 49p and 53p at the moment. I wasn’t as brave as you, but looking at a decent profit for a very speculative punt, which could have gone wrong. 

Nice punt. Just so posters don't 'chase' an impressive gain like that without context, you must have placed an order of approx £25k on Metro Bank when their shares tumbled?

My punt on Metro was only for about £1k...so I'm planning on sitting on them for a while...

Rob7Lee said:

mendonca said:

Nice punt. Just so posters don't 'chase' an impressive gain like that without context, you must have placed an order of approx £25k on Metro Bank when their shares tumbled?

No, just shy of 5 figures. £25k would have returned about 13k.

but yes it was a pure punt with money I was prepared to lose.

I wasn’t quite as brave. Up just over 42% at the moment on a £2,500 punt. 

Rob7Lee said:

TelMc32 said:

Rob7Lee said:

mendonca said:

Nice punt. Just so posters don't 'chase' an impressive gain like that without context, you must have placed an order of approx £25k on Metro Bank when their shares tumbled?

No, just shy of 5 figures. £25k would have returned about 13k.

but yes it was a pure punt with money I was prepared to lose.

I wasn’t quite as brave. Up just over 42% at the moment on a £2,500 punt. 

Have a review with my pension advisor tomorrow. She has a lot of explaining to do about her own performance in the 2 years they’ve had my funds 😉

Profits profit!

whose your pension with?

Managed by Principal & Prosper on the abrdn platform. Down 7.5% over the last 2 years. Up just over 3% in the last 12 months, but that was 5.5% (for the 12 months) a couple of weeks ago. 

Rob7Lee said:

That’s crazy. Down 7.5% in 2 years. A FTSE100 tracker would be up 5%!

assume you aren’t contributing? If you are that’s even worse. I’d be changing advisor, or go it alone.

Yep. I get the first year was an extraordinary one, but I haven’t been impressed with this last year. They’ve sent through a raft of recommendations to change, but I’m waiting to speak with her to discuss this further and clarify that big drop in the improvement a couple of weeks ago. I had intended to give them 3 years, but will review that over the next few weeks. 

Quick one
In one year how much can I put in a cash ISA (£30K I think); over and above this can I also put money into a stocks and shares ISA or is it one or the other?

Ps. Arsenal at 1/4 to finish in the Top4 would have been a safer way to make 25% than Metro I reckon, but well done to those that did!

TelMc32 said:

Athletico Charlton said:

Quick one
In one year how much can I put in a cash ISA (£30K I think); over and above this can I also put money into a stocks and shares ISA or is it one or the other?

Ps. Arsenal at 1/4 to finish in the Top4 would have been a safer way to make 25% than Metro I reckon, but well done to those that did!

The limit is £20k per tax year and you’re limited to one choice per year between the cash, stocks & shares, innovative finance or lifetime allowance ISAs. 

https://www.gov.uk/individual-savings-accounts

Not entirely true (or maybe the way it's written?), whilst £20k is the limit you can mix and match, so you can have both cash and stocks and shares as long as you don't exceed £20k between them.

TelMc32 said:

Rob7Lee said:

That’s crazy. Down 7.5% in 2 years. A FTSE100 tracker would be up 5%!

assume you aren’t contributing? If you are that’s even worse. I’d be changing advisor, or go it alone.

Yep. I get the first year was an extraordinary one, but I haven’t been impressed with this last year. They’ve sent through a raft of recommendations to change, but I’m waiting to speak with her to discuss this further and clarify that big drop in the improvement a couple of weeks ago. I had intended to give them 3 years, but will review that over the next few weeks. 

It really all depends on where you are invested. The more you have in Fixed Interest (Bonds) the worse the performance has been. In 2022 the average medium-risk portfolio (say 60% equities & 40% Bonds & Property) fell 10.2%. YTD you'll be lucky to be even. Last week the FTSE100 fell almost 3%. 

There are some on here like @Rob7Lee who really knows his onions and will trade in & out of stocks/funds and make a profit. Unfortunately, for the masses that is not usually possible as it takes time & a lot of knowledge. So, in essence, I wouldn't take much store by what some people on here say how their SIPP / ISA has performed as they may well be trading a lot more than the average man on the street.

FWIW - I would be interested to see where your pension portfolio is invested & happy to give a bit of guidance as to the make up of it & whether it should have done better than it has.