Time for a FTSE100 tracker?
Discussion
If you are making monthly contributions then just get on with it. Trying to time the market is a bit of a fools errand.
I use life strategy via HL ISA but there are lots of cheap tracker options. Moneyvator is an ok blog to look at and get some recommendations - they have a post with their current fund recs. iirc it's all about total fee cost really.
I use life strategy via HL ISA but there are lots of cheap tracker options. Moneyvator is an ok blog to look at and get some recommendations - they have a post with their current fund recs. iirc it's all about total fee cost really.
Scottri,
It's a bad time if you have a low capacity for investment risk and next to no capacity for loss!
Pheo,
I agree, in principle, 100%. But if you're so inclined and well informed enough to invest, if you have a suitable timescale in mind and if you are sitting on the cash that you are going to invest (lots of ifs!) anyway, now would seem a potentially good opportunity to do so.
It's a bad time if you have a low capacity for investment risk and next to no capacity for loss!
Pheo,
I agree, in principle, 100%. But if you're so inclined and well informed enough to invest, if you have a suitable timescale in mind and if you are sitting on the cash that you are going to invest (lots of ifs!) anyway, now would seem a potentially good opportunity to do so.
Interesting thread
I want to put away £5k for 18 years in the stock market- want a FTSE 100 tracker that re-invests divvies and allows me to add as necessary.
My thoughs are that over 18 yeras the investment will be mostly safe and very likely to grow.
Problem is, i don't know where to start on this- who do i talk to and how do it do it!
I want to put away £5k for 18 years in the stock market- want a FTSE 100 tracker that re-invests divvies and allows me to add as necessary.
My thoughs are that over 18 yeras the investment will be mostly safe and very likely to grow.
Problem is, i don't know where to start on this- who do i talk to and how do it do it!
Pugwash,
In about two months time I'd be able to say come and speak to me! In the meantime though, there are a few providers out there if you want to do it all yourself. Without suggesting these are any better or worse than any other provider, take a look at an offering such as this.
http://www.bestinvest.co.uk
In about two months time I'd be able to say come and speak to me! In the meantime though, there are a few providers out there if you want to do it all yourself. Without suggesting these are any better or worse than any other provider, take a look at an offering such as this.
http://www.bestinvest.co.uk
Is there the option to specify re-invest when you set the account up? There should be. This the one?
http://www.bestinvest.co.uk/investment-research/fu...
http://www.bestinvest.co.uk/investment-research/fu...
scottri said:
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
Did this two weeks ago and have been watching with perverse glee as the graph went down, and down and down. 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
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.
davepoth said:
Did this two weeks ago and have been watching with perverse glee as the graph went down, and down and down.
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.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.
I couldn't guarantee that this resource is unabridged and I know that prices have dropped subsequent to it being published, but as an aide-memoire for research purposes, this might make for useful reading.
http://monevator.com/low-cost-index-trackers/
http://monevator.com/low-cost-index-trackers/
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