£200pm investment, 20 years. Whats the best investment?

[Sargeant Orange]

That's what I did except you're better off going via someone like Cavendish rather than Halifax to save the fees eating into the investment

[Paul O]

hi all, just to finish this off - and thanks to everyone for replying - I've gone for a Cavendish wrapper with a Vanguard Life Strategy investment. Will see how it shapes up over the next few years!

Thanks again everyone, much appreciated.

Paul.

[croyde]

CRB14 said:

Have a look at the Woodford fund. I have the accumulator fund and so far it has performed extremely well. He has also released a new fund but I've not looked into that one.

Is that the new fund that he was selling at £1 a unit. Was going to go for it but forgot and now it's already at £1.18.

I didn't get in until £1.15.

Anyhow thanks to advice on this forum, I'm already up around 14% since starting a year ago using my ISA allowances. Thanks.

[walm]

croyde said:

CRB14 said:

Have a look at the Woodford fund. I have the accumulator fund and so far it has performed extremely well. He has also released a new fund but I've not looked into that one.

Is that the new fund that he was selling at £1 a unit. Was going to go for it but forgot and now it's already at £1.18.

I didn't get in until £1.15.

Anyhow thanks to advice on this forum, I'm already up around 14% since starting a year ago using my ISA allowances. Thanks.

WPCT, the new launch, is at £1.06. (Launched end April.)
His original fund is at £1.21 or so. (Launched almost a year ago.)

[croyde]

st! More luck than judgement. Never mind as these things never work for me when I try to actually think

[superkartracer]

Paul O said:

hi all, just to finish this off - and thanks to everyone for replying - I've gone for a Cavendish wrapper with a Vanguard Life Strategy investment. Will see how it shapes up over the next few years!

Thanks again everyone, much appreciated.

Paul.

Hi Paul

Would you mind explaining why you picked Cavendish over say Hargreaves/Lans etc and what fund split you picked?, i'm thinking of doing same but over 10+ years with either the 80 of full 100 fund.

Thanks

[Paul O]

superkartracer said:

Hi Paul

Would you mind explaining why you picked Cavendish over say Hargreaves/Lans etc and what fund split you picked?, i'm thinking of doing same but over 10+ years with either the 80 of full 100 fund.

Thanks

Hi SKR,

To be honest, there wasn't much science behind it, other than the costs looked pretty good and a few people are using them. I found that comparing costs from one company to another quite difficult, but the overall seemed OK at Cavendish. Plus their website was very easy to use. It appears Cavendish is actually some kind of subsiduary of Fidelity, as a lot of the paperwork comes with their header - and they get good reviews also.

I went for Vanguard as again my internet research (and recommendations on here) seemed to show this as a recommended option and historically looks to be doing OK. I went for the 60 fund as the differences in interest between 60 and 80 didn't seem that great to me and figured the safer option would be better for me as a first toe dip in the water. If it does well, I'll put some of the investment into the 80 and 100 also over the next few years.

Hope that helps.

Paul.

Edited by Paul O on Wednesday 10th June 20:42

[superkartracer]

Thanks for that, yeah fee's can be tricky and reviews seem to point at HL having hidden fees... the trust pilot reviews don't fill me with love.. so Cavendish seems the choice. Need to look into the funds a little more, bonds seems to be doing well and do act as *brake* but i'm looking at 10+ years and will prob treat this fund as a bit of a full risk whatever venture.

I'll come back to this thread in 10 years and we can LOL at the HUGE loss.

Edited by superkartracer on Wednesday 10th June 21:40