Savings and Investments thread
Comments
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Down but not as much as it was. US is mildly improved.paulsturgess said:I haven’t looked today. Don’t want to know the bad news!0 -
Well a global tracker will be almost 70% US stocks.....with around 30% of that in the Mag7. A very high concentration in just 1 sector of the world economy.cafctom said:Since investing most of my savings (outside of a 1 year emergency fund) into a global tracker around June last year, this is the first truly disastrous month I’ve had to endure.It’s definitely a test of resolve, but telling myself to just be patient and not be inclined to tinker.
I have just one word for you.
Diversify.
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Ooooo I may have to take the credit for this onebobmunro said:Rob7Lee said:
One thing I meant to check, the fixed rate ISA - they appear to pay out the interest to your linked account at maturity, so you lose that tax free wrapper for the interest, not a problem if you are spending it, but worth knowing for those who want to build not spend.bobmunro said:Rob7Lee said:
Investec are good, I’m doing quite well on their shares and also in process of switching banking to them. But check as they refer to switching a cash ISA.bobmunro said:Arsenetatters said:I've got a S & S ISA with fidelity which I wanted to change to one of their 'ready made' S and S ISAs but am having trouble sorting it and each time I phone I get a different answer. I'm getting fed up with them so am thinking of transferring it to a cash ISA somewhere else. I've already used up this year's allowance but am I OK to transfer and still keep the tax benefits from this one?Edit - it's got over £20,000 in itTo build on @Rob7Lee you will probably have to sell your investments and convert them to cash before you can transfer the funds to a Cash ISA with another provider. Also, as you have already used up this year's allowance you need to open a Cash ISA elsewhere that doesn't require 'new' money in order to open it, just the transfer.Investec are offering 4.95% fixed for one year which is about the best out there at the moment - you can transfer in without needing new money to open it.(I mention Investec so much, anyone would think I;m on commission! They really are good though.)
On fidelity, answers these simple questions, note down the suggested fund and ‘switch’ what you have to that fund:
https://www.fidelity.co.uk/ready-made-isa/?ef_id=CjwKCAjw9PvWBhAxEiwAddzYyV6-io61jXH9Es53FtIdC4pLHWcJY_VowW8iI8wc7iG4N5jxG5J5KhoC8LkQAvD_BwE:G:s&s_kwcid=AL!8153!3!786808512429!p!!g!!fidelity%20ready-made%20isa!23328986789!191231735964&utm_source=google&utm_medium=paid_search&utm_campaign=uk_brand_2026_ready-made-isa_orders&gclsrc=aw.ds&gad_source=1&gad_campaignid=23328986789&gbraid=0AAAAAD_DS9f1x2ai3tLpEy32Pm3yL4mLI&gclid=CjwKCAjw9PvWBhAxEiwAddzYyV6-io61jXH9Es53FtIdC4pLHWcJY_VowW8iI8wc7iG4N5jxG5J5KhoC8LkQAvD_BwEIt's fine as long as the transfer is in cash. I sold a lump of MMFs and transferred it to Investec from a SS ISA. Open the fixed rate Cash ISA with Investec first and then during the application stage indicate that you are transferring from another provider. Let them have the details of your existing provider, account number and amount and they will do the rest.Investec's Fixed Rate Cash ISA has updated T&Cs - any maturing from today onwards will keep the interest within the ISA wrapper.They do listen!
I emailed by private banker about a week ago and she said she'd get it looked into as didn't think that was right! 1 -
Been absolutely battered this week... Got a sizeable chunk in MercerdoLibre. Got hammered after the Brazilian election results and I thought I was being clever topping up going into earnings, tanked another 14% 😩Friend Or Defoe said:
It's horrible but it will recover.cafctom said:Since investing most of my savings (outside of a 1 year emergency fund) into a global tracker around June last year, this is the first truly disastrous month I’ve had to endure.It’s definitely a test of resolve, but telling myself to just be patient and not be inclined to tinker.0 -
Markets are beginning to bounce back.0
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Bearing in mind S&P up nearly 10% YTD and FTSE 100 nearly 8% we were hardly ever in a bear market. That could start to come and I am getting nervous for a lot of other reasons. As we approach the next US presidential elections we have no idea who the candidates are and what their policies may be, while UK and Europe are kicking hard decisions down the road. I feel it time to de-risk a littleRob7Lee said:Markets are beginning to bounce back.0 -
I sold out of US last week, well trimmed, only about 15% of my SIPP is now US. Started to pick up dividend shares, they are all in good profit plus dividends between 3 & 9%.redman said:
Bearing in mind S&P up nearly 10% YTD and FTSE 100 nearly 8% we were hardly ever in a bear market. That could start to come and I am getting nervous for a lot of other reasons. As we approach the next US presidential elections we have no idea who the candidates are and what their policies may be, while UK and Europe are kicking hard decisions down the road. I feel it time to de-risk a littleRob7Lee said:Markets are beginning to bounce back.0 -
Biggest win days usually follow the biggest losing days. Time in the market and all that…Rob7Lee said:Markets are beginning to bounce back.1 -
I topped up a couple of things this morning after S&P futures were solidly up overnight, including an S&P ETF which was down this morning but is also now nicely up.
Doubtless it'll all go pear-shaped tomorrow...2 -
All of you are trying to guess what the orange man will do next.
Good luck with that.
At least following the mid terms his ability to be a complete cunt has been reduced.0 -
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Whatever he does, you can be sure he will let his chums know slightly in advance - and his broker. Allegedly.blackpool72 said:All of you are trying to guess what the orange man will do next.
Good luck with that.
At least following the mid terms his ability to be a complete cunt has been reduced.2 -
He’s been a complete cunt but the market is still up from when he became president. The market doesn’t really care about his truth social accountblackpool72 said:All of you are trying to guess what the orange man will do next.
Good luck with that.
At least following the mid terms his ability to be a complete cunt has been reduced.1 -
I’d be interested to take a look at which shares you’ve picked up this time. I think you inspired me to buy L&G, its done very well. Of course there was another one in that sector which stitched us both up…I am also very happy with HSBC and Greencoat Wind, although the latter’s share price was under water for me until recently.Rob7Lee said:
I sold out of US last week, well trimmed, only about 15% of my SIPP is now US. Started to pick up dividend shares, they are all in good profit plus dividends between 3 & 9%.redman said:
Bearing in mind S&P up nearly 10% YTD and FTSE 100 nearly 8% we were hardly ever in a bear market. That could start to come and I am getting nervous for a lot of other reasons. As we approach the next US presidential elections we have no idea who the candidates are and what their policies may be, while UK and Europe are kicking hard decisions down the road. I feel it time to de-risk a littleRob7Lee said:Markets are beginning to bounce back.0 -
As per usual, do not take this as financial advice! Some I've had a little while but continue to top up (and reinvest the dividends).PragueAddick said:
I’d be interested to take a look at which shares you’ve picked up this time. I think you inspired me to buy L&G, its done very well. Of course there was another one in that sector which stitched us both up…I am also very happy with HSBC and Greencoat Wind, although the latter’s share price was under water for me until recently.Rob7Lee said:
I sold out of US last week, well trimmed, only about 15% of my SIPP is now US. Started to pick up dividend shares, they are all in good profit plus dividends between 3 & 9%.redman said:
Bearing in mind S&P up nearly 10% YTD and FTSE 100 nearly 8% we were hardly ever in a bear market. That could start to come and I am getting nervous for a lot of other reasons. As we approach the next US presidential elections we have no idea who the candidates are and what their policies may be, while UK and Europe are kicking hard decisions down the road. I feel it time to de-risk a littleRob7Lee said:Markets are beginning to bounce back.
L&G
Greencoat UK Wind
Investec Group
Tesco
Astra Zeneca
Croda
Aviva
Watching Ithaca
Not divi shares but......
Rolls Royce (have stopped topping that one up, not a dividend share)
Saga (have stopped topping that one up too, no dividend for a while but think it will start again as results have turned around)2 -
Thoughts on East Star resources shares please ?0
