Has anyone’s Stock and shares ISA done worse?

[AnotherUsername]

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.

[carreauchompeur]

Not sure yet. I started an ambitious Wealthify plan early last year and it’s grown about 3%, which is excellent given the utter ststorm that’s been going on.

[AnotherUsername]

carreauchompeur said:

Not sure yet. I started an ambitious Wealthify plan early last year and it’s grown about 3%, which is excellent given the utter ststorm that’s been going on.

3% in a year is 5 times better than my performance!

[Mr Pointy]

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?

[AnotherUsername]

Various shares, no funds. Oilers and airlines...... Amgo is my new safe place that’s how bad things have been!

[xeny]

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% ?

[LeoSayer]

Up 45% since 2016 thanks to global equity funds.

Both 2016 and 2019 were good years...up 18%.

How are you measuring the performance? Some platforms have rudimentary calculators.

[AnotherUsername]

Well, I know I’ve put in X over the years and now I’m sitting at X + 3%.

Maybe the next 5 years will do better!

Vodafone is one that’s been on a down hill slide for years, centrica.... when do you get out? Time in is better than timing but how much time?

[AnotherUsername]

I expect my house to have dropped a bit too! I’d have done better to short my share decisions...

[bitchstewie]

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.

[covmutley]

AnotherUsername said:

Oilers and airlines......

amongst the hardest hit by covid. How 'up' were you 18 months ago?

[BobToc]

3% over 5 years is staggeringly bad given how the market has performed.

[bristoltype603]

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...

[vulture1]

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...

funny I was looking at that last night. To me the ftse is good if you want dividends but not growth. Brexit fears had been holding it back imo and it nearly took off before covid hit. You can see almost every share even the chappy ones having a large rise November 2019 ish then tanked. All the yank markets nasdaq Russell s &p you could pretty much invested your money at the worst time ie right before a crash and 3 years later you are up overall.

[Crafty_]

Currently 4.2% up since November, has been as high as 7 and as low as 0.9.

Mostly in VWRL ETF.

[LeoSayer]

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...

[shtu]

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...

[BobToc]

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.

[sociopath]

Lost a fair chunk on mine at the beginning of 2020 lockdown, got it wll back now.

Prior to 2020 I think I've averaged something like 8% pa

[Hippea]

I put £5k and then £150 a month in Vanguard LS60 in November and that’s performed badly, currently I’m in minus. Only been in a very short time I know.