Intelligent Money - your investment questions answered
Discussion
JulianPH said:
Don't give Nik ideas!
Graham told Nik yesterday they put a big IM logo on the back as that is where it will get the most coverage from the other cars forward facing cameras!
Our firm once sponsored Benetton (then later Renault and Lotus) F1 Team (just a small logo, mostly for cheap/free kit, I believe!). Graham told Nik yesterday they put a big IM logo on the back as that is where it will get the most coverage from the other cars forward facing cameras!
Some races we’d have got better exposure by having the logo on the undertray
mikeiow said:
JulianPH said:
Don't give Nik ideas!
Graham told Nik yesterday they put a big IM logo on the back as that is where it will get the most coverage from the other cars forward facing cameras!
Our firm once sponsored Benetton (then later Renault and Lotus) F1 Team (just a small logo, mostly for cheap/free kit, I believe!). Graham told Nik yesterday they put a big IM logo on the back as that is where it will get the most coverage from the other cars forward facing cameras!
Some races we’d have got better exposure by having the logo on the undertray
Question chaps: wanted to validate the following approach:
When drip-feeding ISAs on a monthly basis, we typically opt for the Vanguard LS 100 or 80.
Given the recent volatility (and losses), I am contemplating scaling back to the LS 20 or 40 for a few months to reduce risk.
If we do this for 6 months and then convert that amount to the 100 or 80 (once we've solved COVID19); what is the down-side apart from opportunity cost of potentially missing 100 or 80?
How easy / hard is that to transfer funds on the Vanguard portal?
We don't need the funds on the short term; it's the kids' private school funds.
When drip-feeding ISAs on a monthly basis, we typically opt for the Vanguard LS 100 or 80.
Given the recent volatility (and losses), I am contemplating scaling back to the LS 20 or 40 for a few months to reduce risk.
If we do this for 6 months and then convert that amount to the 100 or 80 (once we've solved COVID19); what is the down-side apart from opportunity cost of potentially missing 100 or 80?
How easy / hard is that to transfer funds on the Vanguard portal?
We don't need the funds on the short term; it's the kids' private school funds.
I 8 a 4RE said:
Question chaps: wanted to validate the following approach:
When drip-feeding ISAs on a monthly basis, we typically opt for the Vanguard LS 100 or 80.
Given the recent volatility (and losses), I am contemplating scaling back to the LS 20 or 40 for a few months to reduce risk.
If we do this for 6 months and then convert that amount to the 100 or 80 (once we've solved COVID19); what is the down-side apart from opportunity cost of potentially missing 100 or 80?
How easy / hard is that to transfer funds on the Vanguard portal?
We don't need the funds on the short term; it's the kids' private school funds.
HiWhen drip-feeding ISAs on a monthly basis, we typically opt for the Vanguard LS 100 or 80.
Given the recent volatility (and losses), I am contemplating scaling back to the LS 20 or 40 for a few months to reduce risk.
If we do this for 6 months and then convert that amount to the 100 or 80 (once we've solved COVID19); what is the down-side apart from opportunity cost of potentially missing 100 or 80?
How easy / hard is that to transfer funds on the Vanguard portal?
We don't need the funds on the short term; it's the kids' private school funds.
I can understand why you are wanting to do this, but you need to understand that this means you are timing (or calling) the markets.
That doesn't usually work well.
Vanguard are excellent, the only investment provider I will usually say this about.
You will be safer over the short term, but miss the buying oppotunity now available to you.
it is very easy to do this though, you just switch funds, take any losses and then start again.
I 8 a 4RE said:
Question chaps: wanted to validate the following approach:
When drip-feeding ISAs on a monthly basis, we typically opt for the Vanguard LS 100 or 80.
Given the recent volatility (and losses), I am contemplating scaling back to the LS 20 or 40 for a few months to reduce risk.
If we do this for 6 months and then convert that amount to the 100 or 80 (once we've solved COVID19); what is the down-side apart from opportunity cost of potentially missing 100 or 80?
How easy / hard is that to transfer funds on the Vanguard portal?
We don't need the funds on the short term; it's the kids' private school funds.
I am no expert like Julian, but experience tells me that whenever everyone else is leaving the market, it is usually time to go in more.When drip-feeding ISAs on a monthly basis, we typically opt for the Vanguard LS 100 or 80.
Given the recent volatility (and losses), I am contemplating scaling back to the LS 20 or 40 for a few months to reduce risk.
If we do this for 6 months and then convert that amount to the 100 or 80 (once we've solved COVID19); what is the down-side apart from opportunity cost of potentially missing 100 or 80?
How easy / hard is that to transfer funds on the Vanguard portal?
We don't need the funds on the short term; it's the kids' private school funds.
If that is more risk than you want to take, that is quite understandable, but you might choose to just keep the risk exposure where it is. Certainly that is what I am doing.
loafer123 said:
I am no expert like Julian, but experience tells me that whenever everyone else is leaving the market, it is usually time to go in more.
If that is more risk than you want to take, that is quite understandable, but you might choose to just keep the risk exposure where it is. Certainly that is what I am doing.
That has always been my experience and I chucked some more money into PH Equity on Friday (so will buy on Monday's price) to take advantage of the current discount (even though it is still up on the year).If that is more risk than you want to take, that is quite understandable, but you might choose to just keep the risk exposure where it is. Certainly that is what I am doing.
I am a big fan of buying and holding, riding out the inevitable market falls and if possible puting more money in during these. It makes the most sense to me for long term investments.
Obviously though, the ability to switch approach is important and comforting, particularly as you come closer to wanting to access your money.
JulianPH said:
.................... I chucked some more money into PH Equity on Friday (so will buy on Monday's price) ........................
Can you explain this please Julian? Do you mean the money went in after the markets closed on Friday, which is why the transaction won't go through until Monday?I'm a new IM Private Client. I'm currently paying this year's ISA allowance into my account, initially as "Cash (Pending Future Investment)". I'm obviously keen to take advantage of the current economic situation.
How long does it take for IM to complete an instruction to move cash already in the account, to one of your investment products, PH Equity for example?
JulianPH said:
That has always been my experience and I chucked some more money into PH Equity on Friday (so will buy on Monday's price) to take advantage of the current discount (even though it is still up on the year).
I am a big fan of buying and holding, riding out the inevitable market falls and if possible puting more money in during these. It makes the most sense to me for long term investments.
Obviously though, the ability to switch approach is important and comforting, particularly as you come closer to wanting to access your money.
Answers the question in my head this morning anyway.I am a big fan of buying and holding, riding out the inevitable market falls and if possible puting more money in during these. It makes the most sense to me for long term investments.
Obviously though, the ability to switch approach is important and comforting, particularly as you come closer to wanting to access your money.
Am split 50/50 with IM optimal global growth and IM index 100 and wondered whether moving stuff about was a good idea.
Being very new to this, seeing drops isn't nice but I'm bright enough to know that sitting tight is likely the best bet and you saying the above backs that up.
One question though. My other funds will soon be available to the platform provider handling my transfer. Can funds be held as cash, rather than going into the various platforms.? Lessening my exposure to there platforms performance.
The funds will soon be transferred into IM anyway.
JoeBolt said:
JulianPH said:
.................... I chucked some more money into PH Equity on Friday (so will buy on Monday's price) ........................
Can you explain this please Julian? Do you mean the money went in after the markets closed on Friday, which is why the transaction won't go through until Monday?I'm a new IM Private Client. I'm currently paying this year's ISA allowance into my account, initially as "Cash (Pending Future Investment)". I'm obviously keen to take advantage of the current economic situation.
How long does it take for IM to complete an instruction to move cash already in the account, to one of your investment products, PH Equity for example?
Monday's dealing price will be Friday's close of business price, if that makes sense.
So it is not that the money went after markets closed, it is that the money is invested the following working day at the closure price of the previous day.
Basically, you can't buy into any market movements on the day they are happening as all unit prices are daily, at the close of business.
Cash in your account is usually moved the day we receive your instruction, but if this is later on in the day it can spill over to the next working day.
You will always buy at the previous day's close of business.
I specifically wanted to buy at the close of business price on Friday as I could see markets we still faling on Friday and I wanted to mop up as much of this as possible.
I hope that makes sense. If not or it raises anything further then please just shout!
Cheers
Julian
mikeiow said:
Groat said:
What do the Dow/Ftse have to fall to before the window-jumping starts?
Not sure what you’re really asking, but as someone who had colleagues at 1 Poultry when there was literally someone jumping off to their death during a prior crash, I’d perhaps chose my words more carefully. Just saying. Not a laughing matter for some
Brads67 said:
JulianPH said:
That has always been my experience and I chucked some more money into PH Equity on Friday (so will buy on Monday's price) to take advantage of the current discount (even though it is still up on the year).
I am a big fan of buying and holding, riding out the inevitable market falls and if possible puting more money in during these. It makes the most sense to me for long term investments.
Obviously though, the ability to switch approach is important and comforting, particularly as you come closer to wanting to access your money.
Answers the question in my head this morning anyway.I am a big fan of buying and holding, riding out the inevitable market falls and if possible puting more money in during these. It makes the most sense to me for long term investments.
Obviously though, the ability to switch approach is important and comforting, particularly as you come closer to wanting to access your money.
Am split 50/50 with IM optimal global growth and IM index 100 and wondered whether moving stuff about was a good idea.
Being very new to this, seeing drops isn't nice but I'm bright enough to know that sitting tight is likely the best bet and you saying the above backs that up.
One question though. My other funds will soon be available to the platform provider handling my transfer. Can funds be held as cash, rather than going into the various platforms.? Lessening my exposure to there platforms performance.
The funds will soon be transferred into IM anyway.
At times like this some people are happier to take a bit of a loss now in order to be more secure until markets turn round, is this is fine providing they understand they are likely to miss all of the upside come back.
Others are haapy (though not exactly pleased!) to weather out the falls in order to ride all of the upside come back.
There is no right or wrong as it is all down to personal comfort levels, but staying put (buying and holding) has always delivered the strongest longer term returns.
Yes these fund will be moved to cash by your other platform provider and can be held in cash by us until you are ready to investment.
There is an option to do this when you apply to make the transfer (the cash option at the bottom of this page):
If you have already completed your transfer application and did not select cash, then just get in touch with Nik and he will reset this for you to cash.
Cheers
Julian
CAH706 said:
Hi Julian
Sorry, I’m sure this is obvious somewhere but I can’t see it. How do I invest less than the £100k. Looking to invest £10k initially with a regular funding of c.£250
Hi CAH706Sorry, I’m sure this is obvious somewhere but I can’t see it. How do I invest less than the £100k. Looking to invest £10k initially with a regular funding of c.£250
Thank you for considering us and we look forward to welcoming you as a Private Client.
It is on the very first page of this thread, so a long way back now!
In the "Additional notes" box on the page where you put in your name and address your need to put in the code PH2607.
This removes both the minimum £100k investment requirement and all of the initial charge for PHers.
Cheers
Julian
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hstewie said:
hstewie said: How does that work with IM?
Usually funds are forward priced so you don't know the price you'll pay.
What you've just said implies you can place an order after you know markets have fallen and purchase at that price unless I've misunderstood
In exactly the same way.Usually funds are forward priced so you don't know the price you'll pay.
What you've just said implies you can place an order after you know markets have fallen and purchase at that price unless I've misunderstood
I placed my order to buy on Friday when I had no idea what the close of business (forward) unit price would be.
So whilst I knew markets were falling at the time, I had no idea where they would close (just a strong instinct). They could have ended up going in any direction.
Sorry, I probably didn't explain this very well!
JulianPH said:
Hi CAH706
Thank you for considering us and we look forward to welcoming you as a Private Client.
It is on the very first page of this thread, so a long way back now!
In the "Additional notes" box on the page where you put in your name and address your need to put in the code PH2607.
This removes both the minimum £100k investment requirement and all of the initial charge for PHers.
Cheers
Julian
Thanks Julian ... I’d looked everywhere bar the first page ! Doh!Thank you for considering us and we look forward to welcoming you as a Private Client.
It is on the very first page of this thread, so a long way back now!
In the "Additional notes" box on the page where you put in your name and address your need to put in the code PH2607.
This removes both the minimum £100k investment requirement and all of the initial charge for PHers.
Cheers
Julian
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