Reply to: online share trading

[lukemg]

Monevator — Make more money, invest profitably, retire early - read this a lot....

Consider Value cost averaging not dollar cost, it sets a value to get to each month and you therefore end up automatically buying more when the market has dropped and less when the market is up - which takes the emotion out of it and makes you buy low. It works a treat and takes away a lot of the concern about short term market movements that plague beginners.
As mentioned, lowest cost etf's/indexes are recommended (Vanguard global etf !), funds are expensive sales vehicles (maybe apart from Vanguard Lifestrategy which is well worth a look), see survivor bias, impact of hidden (and not hidden costs)(could be taking 50% of any return !) over time its huge...

[Jog On]

What are the fees and how do they compare with an ETF? I always found funds to be more expensive, because you have to pay for a few "fund managers" who do nothing/lose money, a couple of billion each to live in mansions somewhere.

What's the yields like?

I filter them by <0.5% per year. Net ongoing charge (after HL discount) is the number to watch for. There are no charges for buying/selling. Obviously higher yield better depending on risk. Yields OK-ish around 3-7%. That is for income/accumulation funds.

Fund Finder | Search & compare over 2,600 funds | Browse prices

Bit wary of getting into the stock market at the moment - excepy for gold/precious metal companies/funds.

Still haven't formulated the ISA/SIPP strategies yet TBH - I want growth in the pension and income/growth in ISA. While there is uncertainty (Impending doom) in stocks I'm adopting the income accumulation = growth approach.

[The_Equalizer]

+2

+3 (for the kids ISAs)

[Scruff]

+1

+2

[AtW]

I have my ISA and SIPP with HL. Mostly in funds (precious metals, income and some emerging market) with low ongoing fees.

What's the yields like?

[DimPrawn]

I have my ISA and SIPP with HL. Mostly in funds (precious metals, income and some emerging market) with low ongoing fees.

This is for my sensible long term investing.

What are the fees and how do they compare with an ETF? I always found funds to be more expensive, because you have to pay for a few "fund managers" who do nothing/lose money, a couple of billion each to live in mansions somewhere.

[Jog On]

I also got Hargreaves Lansdown account, have not made any trades yet though - just loaded it up with ISA allowance.

I have my ISA and SIPP with HL. Mostly in funds (precious metals, income and some emerging market) with low ongoing fees.

This is for my sensible long term investing.

[Jog On]

I use Hargreaves Lansdown

+1

[TestMangler]

Bedsit? We can do better than that

Airedale College Mount, Bradford, BD3 0JU
3 bedroom terraced house for sale in Airedale College Mount, Bradford, BD3 0JU, BD3



'West Leeds' works better..

Well, excuse me all to hell My Yorkshire geography wasn't great. I knew where the Sultan Mahal and Yates' was. That was all I needed.

[barrydidit]

Last heard barrydidit was looking for a bedsit in Bradford. There you go ...

Bedsit? We can do better than that

Airedale College Mount, Bradford, BD3 0JU
http://www.rightmove.co.uk/property-...-53928034.html

He's already got plenty of bedsits in Bradford. Or as his estate agent calls them, bijou townhouses for young executive couples in North Huddersfield.

'West Leeds' works better..

[AtW]

Funny thing is, over the last few years, I've made most of my profits from buying govt debt (gilts) and US treasuries than from stocks.

Selling them off now though.

REPENT, YOU DIRTY SPEKULANT!!!

I also got Hargreaves Lansdown account, have not made any trades yet though - just loaded it up with ISA allowance.

[DimPrawn]

Funny thing is, over the last few years, I've made most of my profits from buying govt debt (gilts) and US treasuries than from stocks.

Selling them off now though.

[DimPrawn]

For the long term, it's all about ongoing charges.

Buy the big (by liquidity) funds / investment trusts / ETF's with the lowest charges. Ongoing charges is where these investment "gurus" really make their money.

Banksters the lot of 'em

[diseasex]

Basic FTSE share trading. I'll be investing a few k a month for ~2 years (dollar cost averaging), then who knows - may just hold for thirty years.

I have the same approach but I buy funds , not shares. I'm with Hargreaves lansdown, and I think you should be ok with them too - reasonable prices and it's biggest UK broker which gives you a bit of peace of mind. Transactions are free for funds so you can buy frequently but shares have flat fee. If you want some leverage then go for saxobank - 8£ per trade though.

[The_Equalizer]

The pubs are infested with Deal or No Deal bandits down my way, which offer a slightly better gambling return than handing it over to a barrow boy. If you can resist putting your fist through it, due to the smug git on the front, not due to the gobbling of money.

Edmonds probably makes more through image rights on all those machines than by doing the actual show.

I was actually referring to drinking the cash. I wouldn't touch gaming machines. I found 'investing' nothing like I thought it would be. It's easy to let emotions get in the way.