Do I move my £65,000 in my cash Isa to Stocks & Shares Isa
Discussion
gregs1959 said:
Not sure what to do. I already have £10,000 in fund smith do I move the £65,00 in to that.
Interested what anyone else would do.
Thanks
Mark
Depends on your attitude to risk. You are getting naff all return on cash, so if you are happy not be in capital secure, why not ? I wouldn't put it all in one fund though, have a spread for a bit of diversification. Interested what anyone else would do.
Thanks
Mark
I'm in a similar quandary. Got circa 25k in a cash isa to transfer over....been holding off for 6 months now waiting for a dip/slump/crisis as a good time to buy some S&S.
Given the cash return is naff all I've decided to proceed with the transfer then start dripping it into funds slowly and if there's a massive crash fill my boots.
Given the cash return is naff all I've decided to proceed with the transfer then start dripping it into funds slowly and if there's a massive crash fill my boots.
It's amazing, and a little sad, that these posts appear at a time when the market has been flying since November.
Doubly so for a Sterling investor.
I hate to rub salt in a wound, but I hope you are aware of the loss in buying power you have suffered,
With the Pound where it is, you can't get value from investing in the S & P, it's just too expensive unless you are prepared to take a very long position.
Europe looks a little better value.
Emerging Markets is attracting too much money, as is Asia. China is a little wobbly because they may screw with the credit.
However the Caterpillar Company just released its earnings along with its highly respected projections, which said that future growth looks rosier than the recent IMF report.
I personally put more stead in Caterpillar than the IMF
I assume you are aware you have lost out, or you probably wouldn't have posted. You cannot capture the gains from the last eight Months, all you can do is look forward.
So, you are basically looking at UK and Europe. You could also consider a small, maybe 10%, in a contrarian position such as Eastern Europe (basically Russia), that would also cover an oil price recovery should there be one.
Interest rates in UK are not going to rise yet (that'll come back to bite me no doubt) so unless you consider corp bonds or variable loans you have little choice other than equity.
The FTSE 100 is not so high that it makes entry look foolish. If you were to dissect its component parts there are sectors which are not high.
I personally would prefer a fund more aligned with the FTSE 350 (or even the 250)
I don't think you need a long narrative on inflation....just think back to how much a beer cost in the 6th form!
Doubly so for a Sterling investor.
I hate to rub salt in a wound, but I hope you are aware of the loss in buying power you have suffered,
With the Pound where it is, you can't get value from investing in the S & P, it's just too expensive unless you are prepared to take a very long position.
Europe looks a little better value.
Emerging Markets is attracting too much money, as is Asia. China is a little wobbly because they may screw with the credit.
However the Caterpillar Company just released its earnings along with its highly respected projections, which said that future growth looks rosier than the recent IMF report.
I personally put more stead in Caterpillar than the IMF
I assume you are aware you have lost out, or you probably wouldn't have posted. You cannot capture the gains from the last eight Months, all you can do is look forward.
So, you are basically looking at UK and Europe. You could also consider a small, maybe 10%, in a contrarian position such as Eastern Europe (basically Russia), that would also cover an oil price recovery should there be one.
Interest rates in UK are not going to rise yet (that'll come back to bite me no doubt) so unless you consider corp bonds or variable loans you have little choice other than equity.
The FTSE 100 is not so high that it makes entry look foolish. If you were to dissect its component parts there are sectors which are not high.
I personally would prefer a fund more aligned with the FTSE 350 (or even the 250)
I don't think you need a long narrative on inflation....just think back to how much a beer cost in the 6th form!
jeff m2 said:
It's amazing, and a little sad, that these posts appear at a time when the market has been flying since November.
Doubly so for a Sterling investor.
I hate to rub salt in a wound, but I hope you are aware of the loss in buying power you have suffered,
With the Pound where it is, you can't get value from investing in the S & P, it's just too expensive unless you are prepared to take a very long position.
Europe looks a little better value.
Emerging Markets is attracting too much money, as is Asia. China is a little wobbly because they may screw with the credit.
However the Caterpillar Company just released its earnings along with its highly respected projections, which said that future growth looks rosier than the recent IMF report.
I personally put more stead in Caterpillar than the IMF
I assume you are aware you have lost out, or you probably wouldn't have posted. You cannot capture the gains from the last eight Months, all you can do is look forward.
So, you are basically looking at UK and Europe. You could also consider a small, maybe 10%, in a contrarian position such as Eastern Europe (basically Russia), that would also cover an oil price recovery should there be one.
Interest rates in UK are not going to rise yet (that'll come back to bite me no doubt) so unless you consider corp bonds or variable loans you have little choice other than equity.
The FTSE 100 is not so high that it makes entry look foolish. If you were to dissect its component parts there are sectors which are not high.
I personally would prefer a fund more aligned with the FTSE 350 (or even the 250)
I don't think you need a long narrative on inflation....just think back to how much a beer cost in the 6th form!
Surely the exchange rate doesn't make any difference? If you buy 65k worth of something and it rises 10%, then you have made 6.5k. It only makes a difference if the exchange rate changes over the same period surely?Doubly so for a Sterling investor.
I hate to rub salt in a wound, but I hope you are aware of the loss in buying power you have suffered,
With the Pound where it is, you can't get value from investing in the S & P, it's just too expensive unless you are prepared to take a very long position.
Europe looks a little better value.
Emerging Markets is attracting too much money, as is Asia. China is a little wobbly because they may screw with the credit.
However the Caterpillar Company just released its earnings along with its highly respected projections, which said that future growth looks rosier than the recent IMF report.
I personally put more stead in Caterpillar than the IMF
I assume you are aware you have lost out, or you probably wouldn't have posted. You cannot capture the gains from the last eight Months, all you can do is look forward.
So, you are basically looking at UK and Europe. You could also consider a small, maybe 10%, in a contrarian position such as Eastern Europe (basically Russia), that would also cover an oil price recovery should there be one.
Interest rates in UK are not going to rise yet (that'll come back to bite me no doubt) so unless you consider corp bonds or variable loans you have little choice other than equity.
The FTSE 100 is not so high that it makes entry look foolish. If you were to dissect its component parts there are sectors which are not high.
I personally would prefer a fund more aligned with the FTSE 350 (or even the 250)
I don't think you need a long narrative on inflation....just think back to how much a beer cost in the 6th form!
98elise said:
Surely the exchange rate doesn't make any difference? If you buy 65k worth of something and it rises 10%, then you have made 6.5k. It only makes a difference if the exchange rate changes over the same period surely?
The fall in the sterling over the past 12 months is a large contribution to the growth of U.K. Funds/shares (over the past 12 months) as oversea earnings become a lot greater (example earn in $100 in USA and when converted to GBP it's a lot more than it was in 2015).If brexit starts to go more sour and the Pound goes into free fall then the share indexs will keep rising (ignoring other factors )where as if the Pound significantly strengths then overseas earnings will shrink and shares/fund prices will fall
To answer the OP question I would drip feed it in to a ISA across funds that have a long term good record.
Thought you was only allowed to put money in to one s&s Isa per year. Mine is Fundsmith. Currently put £500 per month in by direct debit.
If I don't do anything with the £65,000 I loose money due to inflation.
My wife is in the same situation has s&s Isa with Hargreaves Lansdown again paying in £500.00 month.
Still no wiser. 😤😤😤
If I don't do anything with the £65,000 I loose money due to inflation.
My wife is in the same situation has s&s Isa with Hargreaves Lansdown again paying in £500.00 month.
Still no wiser. 😤😤😤
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