Originally posted by MarillionFan
View Post
- Visitors can check out the Forum FAQ by clicking this link. You have to register before you can post: click the REGISTER link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below. View our Forum Privacy Policy.
- Want to receive the latest contracting news and advice straight to your inbox? Sign up to the ContractorUK newsletter here. Every sign up will also be entered into a draw to WIN £100 Amazon vouchers!
Should I open another ISA today, before the end of this financial year?
Collapse
X
-
-
Originally posted by russell View PostI use cash ISA's only, without a definitive edge stock trading is gambling as it can be seen here, if you have a spare 300k and don't have to work then you can make good money day trading.
It's a gamble these days.What happens in General, stays in General.You know what they say about assumptions!Comment
-
Originally posted by MarillionFan View PostI cash ISA only and normally trade stocks. But this finical year I didn't have access to the same 50k fund I use to day trade and so bought two shares for 'longterm' growth. Both of which have halved. If I had day traded them down their turbulent path I'd probably be up.
You should have waited for SKA IPOComment
-
Originally posted by AtW View Post
You should have waited for SKA IPOWhat happens in General, stays in General.You know what they say about assumptions!Comment
-
Originally posted by MarillionFan View PostGot funds free in August. Where's your prospectus?Comment
-
I forgot about this thread. Wish I'd opened up the ISA, because instead all I've done is gambled away the money on spreadbetting. Lost £30 since then
Time to stop I guessComment
-
First - 5-10 years is the timeframe for equity investment, if you can't hold your nerve that long or need access to the cash - don't bother.
My earliest funds (expensive but ticking over) are looking at a 8-10%pa return over 14 years (dotcom crash, recession, credit crunch, market stagnation) which I am more than happy with.
Currently waiting for a kick down to chuck some funds in but got a cheap US tracker going with monthly payments which are made automatically so I don't have to think about it.
Next investment will be a Vanguard low cost income fund - UK based.
Will also be topping up some blue chip HYP individual stocks.
Forget the day-trading and spread betting, get some cheap trackers and gamble with the last 10% if you need the buzz.Comment
- Home
- News & Features
- First Timers
- IR35 / S660 / BN66
- Employee Benefit Trusts
- Agency Workers Regulations
- MSC Legislation
- Limited Companies
- Dividends
- Umbrella Company
- VAT / Flat Rate VAT
- Job News & Guides
- Money News & Guides
- Guide to Contracts
- Successful Contracting
- Contracting Overseas
- Contractor Calculators
- MVL
- Contractor Expenses
Advertisers
Contractor Services
CUK News
- Streamline Your Retirement with iSIPP: A Solution for Contractor Pensions Sep 1 09:13
- Making the most of pension lump sums: overview for contractors Sep 1 08:36
- Umbrella company tribunal cases are opening up; are your wages subject to unlawful deductions, too? Aug 31 08:38
- Contractors, relabelling 'labour' as 'services' to appear 'fully contracted out' won't dupe IR35 inspectors Aug 31 08:30
- How often does HMRC check tax returns? Aug 30 08:27
- Work-life balance as an IT contractor: 5 top tips from a tech recruiter Aug 30 08:20
- Autumn Statement 2023 tipped to prioritise mental health, in a boost for UK workplaces Aug 29 08:33
- Final reminder for contractors to respond to the umbrella consultation (closing today) Aug 29 08:09
- Top 5 most in demand cyber security contract roles Aug 25 08:38
- Changes to the right to request flexible working are incoming, but how will contractors be affected? Aug 24 08:25
Comment