Has anyone’s Stock and shares ISA done worse?
Discussion
AnotherUsername said:
Just wondering if a anyone’s ISA (stocks and shares) has done worse than my own? Grown a whopping 3% over 5 years!
I’m sure banks would have paid more! All dividends earned got erased beginning of 2020, most may never recover.
That's pretty bad. What funds or stocks are you invested in & what charges are you paying?I’m sure banks would have paid more! All dividends earned got erased beginning of 2020, most may never recover.
AnotherUsername said:
Just wondering if a anyone’s ISA (stocks and shares) has done worse than my own? Grown a whopping 3% over 5 years!
I’m sure banks would have paid more! All dividends earned got erased beginning of 2020, most may never recover.
How was it looking at the beginning of 2020? I suspect rather better than 3% ?I’m sure banks would have paid more! All dividends earned got erased beginning of 2020, most may never recover.
AnotherUsername said:
Various shares, no funds. Oilers and airlines...... Amgo is my new safe place that’s how bad things have been!
Perhaps the hint is there?Consider active or passive collective investments like funds or ETFs or ITs.
With a "dumb" global tracker you'd have has 14% p/a the last 5 years.
bristoltype603 said:
BobToc said:
3% over 5 years is staggeringly bad given how the market has performed.
The FTSE100 has returned around 3.6% including dividends over the past 5 years. Ask me how I know...It is possible to make a lot of money by picking individual stocks, but you have to be very skilled or very lucky to consistently outperform the market.
This quote and paper rams that home:
"When stated in terms of lifetime dollar wealth creation, the best-performing four percent of listed companies explain the net gain for the entire U.S. stock market since 1926, as other stocks collectively matched Treasury bills."
https://papers.ssrn.com/sol3/papers.cfm?abstract_i...
This quote and paper rams that home:
"When stated in terms of lifetime dollar wealth creation, the best-performing four percent of listed companies explain the net gain for the entire U.S. stock market since 1926, as other stocks collectively matched Treasury bills."
https://papers.ssrn.com/sol3/papers.cfm?abstract_i...
LeoSayer said:
It is possible to make a lot of money by picking individual stocks, but you have to be very skilled or very lucky to consistently outperform the market.
Relatively few professionals manage it.For an unskilled numpty like me, I'm a fan of this bloke's theory - buy cheap to run global tracker ETFs and bonds, run them using low-cost providers, and look to maximise tax advantages like pensions and ISAs.
https://www.goodreads.com/book/show/35395923-inves...
bristoltype603 said:
The FTSE100 has returned around 3.6% including dividends over the past 5 years. Ask me how I know...
I think people underestimate how concentrated the FTSE is. As an aside, and my own allocation doesn’t reflect this, but I think the FTSE will outperform over the next couple of years for similar reasons.Gassing Station | Finance | Top of Page | What's New | My Stuff