Intelligent Money - your investment questions answered
Discussion
JulianPH said:
Simpo Two said:
tighnamara said:
I thought it was to do with losing the money but turns out she has had enough of me working from home and early retirement maybe isn’t a good idea.
That's nuts. You don't have to take early retirement, you can just retire (hopefully) richer. And buy her some jewellery too.
tighnamara said:
JulianPH said:
Simpo Two said:
tighnamara said:
I thought it was to do with losing the money but turns out she has had enough of me working from home and early retirement maybe isn’t a good idea.
That's nuts. You don't have to take early retirement, you can just retire (hopefully) richer. And buy her some jewellery too.
Hello there,
I'm after a bit of guidance if I may please
I currently put 600pcm into my Vanguard ISA (calculated to hit 20k by end of year as I put another lump sum in shortly after starting it) which is on the standard LifeStrat 80%. I'm also waiting for FiverADay / Parmenion to transfer my ISA to Vanguard which has been going since February (but that is a separate topic!). Parmenion / FiverADay have not covered themselves in glory at all. I'm 32 years old.
No debts, outgoings are circa 700pcm (cash to girlfriend for bills / rent etc), car paid off etc. No immediate plans to buy a property (god knows where I would do it!). Put 200pcm into a HTB ISA which has 10k in it. I've got 27k in a Marcus account too (on the older rates).
I put 950pcm into my work pension (their contribs are quite low at 250pcm). Salary is circa 75k.
I guess my question is - I've got a fair amount of cash each month going spare and would like to chuck it into a 'low effort portfolio' - eg I give the platform a direct debit and it is managed for me in accordance with my risk threshold - similar to LifeStrat. Not after short term gains.
Can I use an IM GIA for this? I mulled over a SIPP, but not sure I can be bothered actively managing it - I'd prefer a 'pay XYZ per month and it is done'. Do those SIPPS exist or better to just chuck into my pension manually out my current account?
ETA: Noticed that IM do a managed pension and a GIA - guess they fit the bill?
Or should I be doing something else with it
I'm after a bit of guidance if I may please
I currently put 600pcm into my Vanguard ISA (calculated to hit 20k by end of year as I put another lump sum in shortly after starting it) which is on the standard LifeStrat 80%. I'm also waiting for FiverADay / Parmenion to transfer my ISA to Vanguard which has been going since February (but that is a separate topic!). Parmenion / FiverADay have not covered themselves in glory at all. I'm 32 years old.
No debts, outgoings are circa 700pcm (cash to girlfriend for bills / rent etc), car paid off etc. No immediate plans to buy a property (god knows where I would do it!). Put 200pcm into a HTB ISA which has 10k in it. I've got 27k in a Marcus account too (on the older rates).
I put 950pcm into my work pension (their contribs are quite low at 250pcm). Salary is circa 75k.
I guess my question is - I've got a fair amount of cash each month going spare and would like to chuck it into a 'low effort portfolio' - eg I give the platform a direct debit and it is managed for me in accordance with my risk threshold - similar to LifeStrat. Not after short term gains.
Can I use an IM GIA for this? I mulled over a SIPP, but not sure I can be bothered actively managing it - I'd prefer a 'pay XYZ per month and it is done'. Do those SIPPS exist or better to just chuck into my pension manually out my current account?
ETA: Noticed that IM do a managed pension and a GIA - guess they fit the bill?
Or should I be doing something else with it
Edited by Taita on Tuesday 7th July 10:06
Edited by Taita on Tuesday 7th July 11:07
Edited by Taita on Tuesday 7th July 11:53
Intelligent Money said:
Hi Droopsnoot,
You can use some of this years ISA allowance for PH Recovery. As the stocks held in the portfolio reach their target value they will be sold to cash. At that point you can switch this cash element to any of our other Portfolios and this will remain within your ISA. So while the portfolio may run its course your funds can still be held within your ISA.
Regards
Nik
Cheers, will look at it later on.You can use some of this years ISA allowance for PH Recovery. As the stocks held in the portfolio reach their target value they will be sold to cash. At that point you can switch this cash element to any of our other Portfolios and this will remain within your ISA. So while the portfolio may run its course your funds can still be held within your ISA.
Regards
Nik
Taita said:
Hello there,
I'm after a bit of advice if I may please
I currently put 600pcm into my Vanguard ISA (calculated to hit 20k by end of year as I put another lump sum in) which is on the standard LifeStrat 80%. I'm also waiting for FiverADay / Parmenion to transfer my ISA to Vanguard which has been going since February (but that is a separate topic!). Parmenion / FiverADay have not covered themselves in glory at all. I'm 32 years old.
No debts, outgoings are circa 700pcm (cash to girlfriend for bills / rent etc), car paid off etc. No immediate plans to buy a property (god knows where I would do it!). Put 200pcm into a HTB ISA which has 10k in it. I've got 27k in a Marcus account too (on the older rates).
I put 950pcm into my work pension (their contribs are quite low at 250pcm). Salary is circa 75k.
I guess my question is - I've got a fair amount of cash each month going spare and would like to chuck it into a 'low effort portfolio' - eg I give the platform a direct debit and it is managed for me in accordance with my risk threshold - similar to LifeStrat. Not after short term gains.
Can I use an IM GIA for this? I mulled over a SIPP, but not sure I can be bothered actively managing it - I'd prefer a 'pay XYZ per month and it is done'. Do those SIPPS exist or better to just chuck into my pension manually out my current account?
ETA: Noticed that IM do a managed pension and a GIA - guess they fit the bill?
Or should I be doing something else with it
The IM gang aren't allowed to give advice as such, against the rules and regulations. I'm after a bit of advice if I may please
I currently put 600pcm into my Vanguard ISA (calculated to hit 20k by end of year as I put another lump sum in) which is on the standard LifeStrat 80%. I'm also waiting for FiverADay / Parmenion to transfer my ISA to Vanguard which has been going since February (but that is a separate topic!). Parmenion / FiverADay have not covered themselves in glory at all. I'm 32 years old.
No debts, outgoings are circa 700pcm (cash to girlfriend for bills / rent etc), car paid off etc. No immediate plans to buy a property (god knows where I would do it!). Put 200pcm into a HTB ISA which has 10k in it. I've got 27k in a Marcus account too (on the older rates).
I put 950pcm into my work pension (their contribs are quite low at 250pcm). Salary is circa 75k.
I guess my question is - I've got a fair amount of cash each month going spare and would like to chuck it into a 'low effort portfolio' - eg I give the platform a direct debit and it is managed for me in accordance with my risk threshold - similar to LifeStrat. Not after short term gains.
Can I use an IM GIA for this? I mulled over a SIPP, but not sure I can be bothered actively managing it - I'd prefer a 'pay XYZ per month and it is done'. Do those SIPPS exist or better to just chuck into my pension manually out my current account?
ETA: Noticed that IM do a managed pension and a GIA - guess they fit the bill?
Or should I be doing something else with it
Edited by Taita on Tuesday 7th July 10:06
If I were you Otoh I'd be steering more to my pension as the tax benefit is currently outweighing any other means of saving for the future, as long as you have enough general savings isas etc load up the pension fund, whilst you can benefit from the tax breaks.
[quote=Taita]Hello there,
I'm after a bit of advice if I may please
I currently put 600pcm into my Vanguard ISA (calculated to hit 20k by end of year as I put another lump sum in shortly after starting it) which is on the standard LifeStrat 80%. I'm also waiting for FiverADay / Parmenion to transfer my ISA to Vanguard which has been going since February (but that is a separate topic!). Parmenion / FiverADay have not covered themselves in glory at all. I'm 32 years old.
No debts, outgoings are circa 700pcm (cash to girlfriend for bills / rent etc), car paid off etc. No immediate plans to buy a property (god knows where I would do it!). Put 200pcm into a HTB ISA which has 10k in it. I've got 27k in a Marcus account too (on the older rates).
I put 950pcm into my work pension (their contribs are quite low at 250pcm). Salary is circa 75k.
I guess my question is - I've got a fair amount of cash each month going spare and would like to chuck it into a 'low effort portfolio' - eg I give the platform a direct debit and it is managed for me in accordance with my risk threshold - similar to LifeStrat. Not after short term gains.
Can I use an IM GIA for this? I mulled over a SIPP, but not sure I can be bothered actively managing it - I'd prefer a 'pay XYZ per month and it is done'. Do those SIPPS exist or better to just chuck into my pension manually out my current account?
ETA: Noticed that IM do a managed pension and a GIA - guess they fit the bill?
Or should I be doing something else with it
Hi Taita,
Our Private Client Service doesn't provide regulated advice, we offer guidance, the main difference is that we won't recommend a course of action or recommend or sell a particular solution at the end, you decide what is right for you.
Guidance helps you understand the pros and cons of the options available to you and helps you understand what you should consider when coming to a decision i.e. the tax considerations and efficiency of different investment wrappers.
We aim to put you in a position where you have the information you need to understand your options and be happy too make the decision that is right for you,
If that sounds like it could help please drop me a mail at nik.burrows@intelligentmoney.com and I'll be happy to help,
Regards
Nik
I'm after a bit of advice if I may please
I currently put 600pcm into my Vanguard ISA (calculated to hit 20k by end of year as I put another lump sum in shortly after starting it) which is on the standard LifeStrat 80%. I'm also waiting for FiverADay / Parmenion to transfer my ISA to Vanguard which has been going since February (but that is a separate topic!). Parmenion / FiverADay have not covered themselves in glory at all. I'm 32 years old.
No debts, outgoings are circa 700pcm (cash to girlfriend for bills / rent etc), car paid off etc. No immediate plans to buy a property (god knows where I would do it!). Put 200pcm into a HTB ISA which has 10k in it. I've got 27k in a Marcus account too (on the older rates).
I put 950pcm into my work pension (their contribs are quite low at 250pcm). Salary is circa 75k.
I guess my question is - I've got a fair amount of cash each month going spare and would like to chuck it into a 'low effort portfolio' - eg I give the platform a direct debit and it is managed for me in accordance with my risk threshold - similar to LifeStrat. Not after short term gains.
Can I use an IM GIA for this? I mulled over a SIPP, but not sure I can be bothered actively managing it - I'd prefer a 'pay XYZ per month and it is done'. Do those SIPPS exist or better to just chuck into my pension manually out my current account?
ETA: Noticed that IM do a managed pension and a GIA - guess they fit the bill?
Or should I be doing something else with it
Hi Taita,
Our Private Client Service doesn't provide regulated advice, we offer guidance, the main difference is that we won't recommend a course of action or recommend or sell a particular solution at the end, you decide what is right for you.
Guidance helps you understand the pros and cons of the options available to you and helps you understand what you should consider when coming to a decision i.e. the tax considerations and efficiency of different investment wrappers.
We aim to put you in a position where you have the information you need to understand your options and be happy too make the decision that is right for you,
If that sounds like it could help please drop me a mail at nik.burrows@intelligentmoney.com and I'll be happy to help,
Regards
Nik
dingg said:
Taita said:
Hello there,
I'm after a bit of advice if I may please
I currently put 600pcm into my Vanguard ISA (calculated to hit 20k by end of year as I put another lump sum in) which is on the standard LifeStrat 80%. I'm also waiting for FiverADay / Parmenion to transfer my ISA to Vanguard which has been going since February (but that is a separate topic!). Parmenion / FiverADay have not covered themselves in glory at all. I'm 32 years old.
No debts, outgoings are circa 700pcm (cash to girlfriend for bills / rent etc), car paid off etc. No immediate plans to buy a property (god knows where I would do it!). Put 200pcm into a HTB ISA which has 10k in it. I've got 27k in a Marcus account too (on the older rates).
I put 950pcm into my work pension (their contribs are quite low at 250pcm). Salary is circa 75k.
I guess my question is - I've got a fair amount of cash each month going spare and would like to chuck it into a 'low effort portfolio' - eg I give the platform a direct debit and it is managed for me in accordance with my risk threshold - similar to LifeStrat. Not after short term gains.
Can I use an IM GIA for this? I mulled over a SIPP, but not sure I can be bothered actively managing it - I'd prefer a 'pay XYZ per month and it is done'. Do those SIPPS exist or better to just chuck into my pension manually out my current account?
ETA: Noticed that IM do a managed pension and a GIA - guess they fit the bill?
Or should I be doing something else with it
The IM gang aren't allowed to give advice as such, against the rules and regulations. I'm after a bit of advice if I may please
I currently put 600pcm into my Vanguard ISA (calculated to hit 20k by end of year as I put another lump sum in) which is on the standard LifeStrat 80%. I'm also waiting for FiverADay / Parmenion to transfer my ISA to Vanguard which has been going since February (but that is a separate topic!). Parmenion / FiverADay have not covered themselves in glory at all. I'm 32 years old.
No debts, outgoings are circa 700pcm (cash to girlfriend for bills / rent etc), car paid off etc. No immediate plans to buy a property (god knows where I would do it!). Put 200pcm into a HTB ISA which has 10k in it. I've got 27k in a Marcus account too (on the older rates).
I put 950pcm into my work pension (their contribs are quite low at 250pcm). Salary is circa 75k.
I guess my question is - I've got a fair amount of cash each month going spare and would like to chuck it into a 'low effort portfolio' - eg I give the platform a direct debit and it is managed for me in accordance with my risk threshold - similar to LifeStrat. Not after short term gains.
Can I use an IM GIA for this? I mulled over a SIPP, but not sure I can be bothered actively managing it - I'd prefer a 'pay XYZ per month and it is done'. Do those SIPPS exist or better to just chuck into my pension manually out my current account?
ETA: Noticed that IM do a managed pension and a GIA - guess they fit the bill?
Or should I be doing something else with it
Edited by Taita on Tuesday 7th July 10:06
If I were you Otoh I'd be steering more to my pension as the tax benefit is currently outweighing any other means of saving for the future, as long as you have enough general savings isas etc load up the pension fund, whilst you can benefit from the tax breaks.
Thanks
PorkInsider said:
mikeiow said:
duckson said:
Is there an expected date for when the website update will be showing % gain/loss etc and other good stuff?
Yeah - I checked today, and that initial investment hasn't doubled yet, what's the matter with it?
Are you hiding in the shoe cupboard again Julian?
Taita said:
Hello there,
I'm after a bit of guidance if I may please
I currently put 600pcm into my Vanguard ISA (calculated to hit 20k by end of year as I put another lump sum in shortly after starting it) which is on the standard LifeStrat 80%. I'm also waiting for FiverADay / Parmenion to transfer my ISA to Vanguard which has been going since February (but that is a separate topic!). Parmenion / FiverADay have not covered themselves in glory at all. I'm 32 years old.
No debts, outgoings are circa 700pcm (cash to girlfriend for bills / rent etc), car paid off etc. No immediate plans to buy a property (god knows where I would do it!). Put 200pcm into a HTB ISA which has 10k in it. I've got 27k in a Marcus account too (on the older rates).
I put 950pcm into my work pension (their contribs are quite low at 250pcm). Salary is circa 75k.
I guess my question is - I've got a fair amount of cash each month going spare and would like to chuck it into a 'low effort portfolio' - eg I give the platform a direct debit and it is managed for me in accordance with my risk threshold - similar to LifeStrat. Not after short term gains.
Can I use an IM GIA for this? I mulled over a SIPP, but not sure I can be bothered actively managing it - I'd prefer a 'pay XYZ per month and it is done'. Do those SIPPS exist or better to just chuck into my pension manually out my current account?
ETA: Noticed that IM do a managed pension and a GIA - guess they fit the bill?
Or should I be doing something else with it
Hi TaitaI'm after a bit of guidance if I may please
I currently put 600pcm into my Vanguard ISA (calculated to hit 20k by end of year as I put another lump sum in shortly after starting it) which is on the standard LifeStrat 80%. I'm also waiting for FiverADay / Parmenion to transfer my ISA to Vanguard which has been going since February (but that is a separate topic!). Parmenion / FiverADay have not covered themselves in glory at all. I'm 32 years old.
No debts, outgoings are circa 700pcm (cash to girlfriend for bills / rent etc), car paid off etc. No immediate plans to buy a property (god knows where I would do it!). Put 200pcm into a HTB ISA which has 10k in it. I've got 27k in a Marcus account too (on the older rates).
I put 950pcm into my work pension (their contribs are quite low at 250pcm). Salary is circa 75k.
I guess my question is - I've got a fair amount of cash each month going spare and would like to chuck it into a 'low effort portfolio' - eg I give the platform a direct debit and it is managed for me in accordance with my risk threshold - similar to LifeStrat. Not after short term gains.
Can I use an IM GIA for this? I mulled over a SIPP, but not sure I can be bothered actively managing it - I'd prefer a 'pay XYZ per month and it is done'. Do those SIPPS exist or better to just chuck into my pension manually out my current account?
ETA: Noticed that IM do a managed pension and a GIA - guess they fit the bill?
Or should I be doing something else with it
Sorry for the delay in getting back to you today, I have been quite busy.
Don't worry! Advice is common, everyday word and I knew what you meant (that you were not asking for regulated financial advice).
Thanks to everyone who pointed this out!
I can't believe Parmenion are taking this long to transfer your ISA. You should chase Vanguard on the status of this as both are members of Origo Options (the industry standard for investment transfers).
You can certainly use an IM GIA for this, but it would be more tax efficient for you to max out your Vanguard ISA or consider additional pension contributions.
Yes, we offer managed pensions, but your workplace pension is likely to be low cost too and you should consider this.
If you would like more information and for everything to be broken down and put into plain English please contact Nik (nik.burrows@intelligentmoney.com) or send me a PM.
BTW, you are doing all of the right things (very well) and with even half decent returns are already on course to be a millionaire before you retire (that is in today's money, so factoring in future inflation).
I am sorry to hear the whole FiverADay thing was such a bad experience for you. It was a good concept, but ongoing execution and delivery is usually the most important thing.
Cheers
Julian
Phooey said:
PorkInsider said:
mikeiow said:
duckson said:
Is there an expected date for when the website update will be showing % gain/loss etc and other good stuff?
Yeah - I checked today, and that initial investment hasn't doubled yet, what's the matter with it?Are you hiding in the shoe cupboard again Julian?
Anyway, I have now finished watching Magnum P.I. so you have my attention again!
Winterflood Securities (who provide our exchange currency pricing) were delayed with one stock (Royal Caribbean) and whilst everything else is invested this has, indeed, impacted on our pricing feeds.
So all values remain unmoved on our dashboards right now, due to this.
I hope we are all happy when the feed come through (hopefully tomorrow).
Phooey mate, I am behind the sofa this time!
davey68 said:
Thanks Julian. Thanks also for the link, extremely funny! Never heard that before so appreciate you posting it. Appeals to my 'dry' sense of humour. Looking forward (I think!) to the PH Recovery journey :-)
Glad you enjoyed it!I think he is brilliant and the incredible thing it that he is still doing this today!
Cheers
Julian
JulianPH said:
All right everyone, has it crossed your mind I may have been busy?
Anyway, I have now finished watching Magnum P.I. so you have my attention again!
Winterflood Securities (who provide our exchange currency pricing) were delayed with one stock (Royal Caribbean) and whilst everything else is invested this has, indeed, impacted on our pricing feeds.
So all values remain unmoved on our dashboards right now, due to this.
I hope we are all happy when the feed come through (hopefully tomorrow).
Phooey mate, I am behind the sofa this time!
Relax, Julian. I'm sure it will all be fine.Anyway, I have now finished watching Magnum P.I. so you have my attention again!
Winterflood Securities (who provide our exchange currency pricing) were delayed with one stock (Royal Caribbean) and whilst everything else is invested this has, indeed, impacted on our pricing feeds.
So all values remain unmoved on our dashboards right now, due to this.
I hope we are all happy when the feed come through (hopefully tomorrow).
Phooey mate, I am behind the sofa this time!
Afternoon all,
Reposted on this thread after a steer from Julian. Thanks for that.
First time poster on this board so please be gentle!
I'm looking for advice/guidance on a the type of fund to invest in. Why? I have never invested in one before and I'm completely bewildered by the choice out there and do not know where to start.
I'm currently invested in individual stocks which are not doing well and have an income from military pension & BTL, so in the interests of diversity I'm looking for a suitable fund. I'm risk adverse, looking at 5 year term, can do lump sum initially and possible drip feed very month. Growth rather than income. Looking to retire as early as possible (aren't we all!)
I appreciate this is a bit finger in the air but I'd welcome some thoughts and opinions please.
Thanks.
Reposted on this thread after a steer from Julian. Thanks for that.
First time poster on this board so please be gentle!
I'm looking for advice/guidance on a the type of fund to invest in. Why? I have never invested in one before and I'm completely bewildered by the choice out there and do not know where to start.
I'm currently invested in individual stocks which are not doing well and have an income from military pension & BTL, so in the interests of diversity I'm looking for a suitable fund. I'm risk adverse, looking at 5 year term, can do lump sum initially and possible drip feed very month. Growth rather than income. Looking to retire as early as possible (aren't we all!)
I appreciate this is a bit finger in the air but I'd welcome some thoughts and opinions please.
Thanks.
JulianPH said:
Phooey said:
PorkInsider said:
mikeiow said:
duckson said:
Is there an expected date for when the website update will be showing % gain/loss etc and other good stuff?
Yeah - I checked today, and that initial investment hasn't doubled yet, what's the matter with it?Are you hiding in the shoe cupboard again Julian?
Anyway, I have now finished watching Magnum P.I. so you have my attention again!
Winterflood Securities (who provide our exchange currency pricing) were delayed with one stock (Royal Caribbean) and whilst everything else is invested this has, indeed, impacted on our pricing feeds.
So all values remain unmoved on our dashboards right now, due to this.
I hope we are all happy when the feed come through (hopefully tomorrow).
Phooey mate, I am behind the sofa this time!
PorkInsider said:
JulianPH said:
All right everyone, has it crossed your mind I may have been busy?
Anyway, I have now finished watching Magnum P.I. so you have my attention again!
Winterflood Securities (who provide our exchange currency pricing) were delayed with one stock (Royal Caribbean) and whilst everything else is invested this has, indeed, impacted on our pricing feeds.
So all values remain unmoved on our dashboards right now, due to this.
I hope we are all happy when the feed come through (hopefully tomorrow).
Phooey mate, I am behind the sofa this time!
Relax, Julian. I'm sure it will all be fine.Anyway, I have now finished watching Magnum P.I. so you have my attention again!
Winterflood Securities (who provide our exchange currency pricing) were delayed with one stock (Royal Caribbean) and whilst everything else is invested this has, indeed, impacted on our pricing feeds.
So all values remain unmoved on our dashboards right now, due to this.
I hope we are all happy when the feed come through (hopefully tomorrow).
Phooey mate, I am behind the sofa this time!
Or
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