Time for a FTSE100 tracker?

Time for a FTSE100 tracker?

Author
Discussion

scottri

Original Poster:

951 posts

182 months

Friday 17th October 2014
quotequote all
Morning,

Just after some recommendations for a FTSE100 tracker of some description and opinions on whether its good time to jump in?

We're not talking huge numbers, £1000 in and then i'd want to contribute ~£400 each month.

Edit* oh, and can i wrap it in an ISA?

Cheers

scottri

Original Poster:

951 posts

182 months

Friday 17th October 2014
quotequote all
I've lost money (frighteningly quickly) and made money on shares before, so comfortable with the risks and potential loss involved.

I'll check out HL & Moneyvator, thanks.


scottri

Original Poster:

951 posts

182 months

Friday 17th October 2014
quotequote all
davepoth said:
Did this two weeks ago and have been watching with perverse glee as the graph went down, and down and down. wink

Yes, you can wrap up a FTSE tracker in an ISA. I went with an ISA Account from iWeb because it was super, super cheap, but I was investing a lump sum and won't need to trade often. If you want to do regular and smaller numbers it's probably not the right one but there are dozens of them around so you should be able to find one that works for you.

As the guys say, if you're investing for the long term a couple of hundred points either way on the index won't make a big difference right now; the dividend is the thing to concentrate on.
Thanks, think i'll have a punt. The HSBC FTSE100 tracker seems popular, looking at that at the moment.