Depends on the risk vs return you both want. Figurine if you're not a taxpayer (PHD funding isn't taxed right?) than a long-term high-rate fixed bond might be an all right bet. Otherwise putting some money in a few funds or buying stocks yourself is probably your best bet but obviously you might lose out. I've got some money about to finish up in a fixed rate bond, thinking about buying high profile, big company shares for the dividend.
General Discussion: I have 15k(ish) to invest - please advise me!
Show original post
6 Feb 2012 12:13
6 Feb 2012 12:20
6 Feb 2012 13:53
who do you sell shares through? I want to open a share account just to buy and hold some big companies but i don't want to get fucked on commission. i also want to set up and run a dummy portfolio, not sure who to do it through though.
share isa is same as your cash isa, you get a cash and share allowance each year. i use mine on a HSBC tracker fund, it's not a great fund (FTSE 100 tracker), but the charge is next to nothing compared to a managed fund which in general give the same sort of return.
6 Feb 2012 18:22
who do you sell shares through? I want to open a share account just to buy and hold some big companies but i don't want to get fucked on commission. i also want to set up and run a dummy portfolio, not sure who to do it through though.
share isa is same as your cash isa, you get a cash and share allowance each year. i use mine on a HSBC tracker fund, it's not a great fund (FTSE 100 tracker), but the charge is next to nothing compared to a managed fund which in general give the same sort of return.http://www.shareview.co.uk/Pages/default.aspx
Only used these as I had just under 15k of shares to sell and there was a flat fee of something like £12.50 per trade rather than a percentage.
6 Feb 2012 18:40
6 Feb 2012 20:11
6 Feb 2012 20:21
You'd be amazed at how many people shell out £££ for software, reading matter or forums that supposedly will show them how to make their fortune by sitting at home and trading; usually it seems to be promising money via futures or FX - last candidate I interviewed was about £2.5K in the hole supposedly to learn how to become a trader earning thousands. Didn't have a clue.
I've seen a few arcades with people making good money but they seem to be the exception rather than the rule.
We've used TT at work before - it's not cheap from memory. Weren't the hugest fans to be honest but then it's not quite the same as using it from home. I'm not allowed to have a personal trading account without serious amounts of admin but I'd look at trading via spread betting for starters. Using one of the many Mock Trading futures simulators is a good place to start…
6 Feb 2012 20:33
lol
please start "casually" trading. it's so easy to make money in the markets these days that you can profit a shitload just doing it in your spare time! A couple of contracts here, a couple of stocks there, you'll be a millionaire in no time!
Look at the futures market and tell me how many contracts you can actually afford to hold.
8 Feb 2012 11:09
8 Feb 2012 11:22
How much approx would you put in overall to make that kind of a pot worthwhile? a lot I'm guessing.
8 Feb 2012 11:53
8 Feb 2012 15:50
I sold a load of shares last week as the price had shot up and had made a lot on them so don't mind taking a risk but shares in general seems to me like the sort of thing you need to invest a lot of time into, reading up on companies etc. and I don't think I could be bothered.
Anyone know what a share isa is / how it works?
Anyone know what a share isa is / how it works?
I sold a load of shares last week as the price had shot up and had made a lot on them so don't mind taking a risk but shares in general seems to me like the sort of thing you need to invest a lot of time into, reading up on companies etc. and I don't think I could be bothered.
Anyone know what a share isa is / how it works?
Anyone know what a share isa is / how it works?
who do you sell shares through? I want to open a share account just to buy and hold some big companies but i don't want to get fucked on commission. i also want to set up and run a dummy portfolio, not sure who to do it through though.
share isa is same as your cash isa, you get a cash and share allowance each year. i use mine on a HSBC tracker fund, it's not a great fund (FTSE 100 tracker), but the charge is next to nothing compared to a managed fund which in general give the same sort of return.
I sold a load of shares last week as the price had shot up and had made a lot on them so don't mind taking a risk but shares in general seems to me like the sort of thing you need to invest a lot of time into, reading up on companies etc. and I don't think I could be bothered.
Anyone know what a share isa is / how it works?
Anyone know what a share isa is / how it works?
who do you sell shares through? I want to open a share account just to buy and hold some big companies but i don't want to get fucked on commission. i also want to set up and run a dummy portfolio, not sure who to do it through though.
share isa is same as your cash isa, you get a cash and share allowance each year. i use mine on a HSBC tracker fund, it's not a great fund (FTSE 100 tracker), but the charge is next to nothing compared to a managed fund which in general give the same sort of return.
Only used these as I had just under 15k of shares to sell and there was a flat fee of something like £12.50 per trade rather than a percentage.
worth a look here for some info. SS only worth it for longer term, 5+ yrs. look into getting more info/advice from an IFA if you're serious and want to take some risk (otherwise cash isa's/bonds, premium bonds, easy access savings acc, inflation linked savings certificates)
http://www.hl.co.uk/
http://www.iii.co.uk/
some more info here:
http://www.moneysavingexpert.com/savings/isa-discounts
http://www.hl.co.uk/
http://www.iii.co.uk/
some more info here:
http://www.moneysavingexpert.com/savings/isa-discounts
What about trading futures or short selling? was meaning to look into it @ some point.
Anyone trade casually here… If so can throw any light on the upside/downside of being a non-professional trader.
Noticed this company among others have their own proprietary platform/software.
http://www.trade2win.com/boards/futures/128094-tax-free-futures-trading-using-tt-stellar-cqg-ibetfinancials.html
http://www.kytegroup.com/execution
Anyone trade casually here… If so can throw any light on the upside/downside of being a non-professional trader.
Noticed this company among others have their own proprietary platform/software.
http://www.trade2win.com/boards/futures/128094-tax-free-futures-trading-using-tt-stellar-cqg-ibetfinancials.html
http://www.kytegroup.com/execution
What about trading futures or short selling? was meaning to look into it @ some point.
Anyone trade casually here… If so can throw any light on the upside/downside of being a non-professional trader.
Noticed this company among others have their own proprietary platform/software.
http://www.trade2win.com/boards/futures/128094-tax-free-futures-trading-using-tt-stellar-cqg-ibetfinancials.html
http://www.kytegroup.com/execution
Anyone trade casually here… If so can throw any light on the upside/downside of being a non-professional trader.
Noticed this company among others have their own proprietary platform/software.
http://www.trade2win.com/boards/futures/128094-tax-free-futures-trading-using-tt-stellar-cqg-ibetfinancials.html
http://www.kytegroup.com/execution
You'd be amazed at how many people shell out £££ for software, reading matter or forums that supposedly will show them how to make their fortune by sitting at home and trading; usually it seems to be promising money via futures or FX - last candidate I interviewed was about £2.5K in the hole supposedly to learn how to become a trader earning thousands. Didn't have a clue.
I've seen a few arcades with people making good money but they seem to be the exception rather than the rule.
We've used TT at work before - it's not cheap from memory. Weren't the hugest fans to be honest but then it's not quite the same as using it from home. I'm not allowed to have a personal trading account without serious amounts of admin but I'd look at trading via spread betting for starters. Using one of the many Mock Trading futures simulators is a good place to start…
What about trading futures or short selling? was meaning to look into it @ some point.
Anyone trade casually here… If so can throw any light on the upside/downside of being a non-professional trader.
Noticed this company among others have their own proprietary platform/software.
http://www.trade2win.com/boards/futures/128094-tax-free-futures-trading-using-tt-stellar-cqg-ibetfinancials.html
http://www.kytegroup.com/execution
Anyone trade casually here… If so can throw any light on the upside/downside of being a non-professional trader.
Noticed this company among others have their own proprietary platform/software.
http://www.trade2win.com/boards/futures/128094-tax-free-futures-trading-using-tt-stellar-cqg-ibetfinancials.html
http://www.kytegroup.com/execution
lol
please start "casually" trading. it's so easy to make money in the markets these days that you can profit a shitload just doing it in your spare time! A couple of contracts here, a couple of stocks there, you'll be a millionaire in no time!
Look at the futures market and tell me how many contracts you can actually afford to hold.
I work for an equity hedge fund, but I sit next to a managed futures fund, and have come to the conclusion that casual FX/Futures trading is a mugs game. These guys do it professionally and they've had a tough time this year (along with all the big managed futures houses, AHL, Aspect,…), and that's with proper risk controls, loads of bods working on alpha models, dedicated dealing desks etc. You might hear about some bloke who made a load of dosh, but that's just chance/selection bias.
What I intend to do is dial up a diversified portfolio of bonds, index trackers, and maybe alternative funds. Will aim is to pick (ideally as many as possible) funds that will offer returns with a low correlation to each other and just whack the same amount in each. Then forget about it for a few years. When I finally get my finger out and optimise my pension I'm thinking of:
20% Developed markets global equity tracker
20% Emerging markets global equity tracker
20% Global Bond
20% equity absolute return
20% cash
Perhaps could get more fancy eg could put some an equally weighted rather than cap weighted equity fund, going for a bit of a bond hedge fund. Anyone got any suggestions?
What I intend to do is dial up a diversified portfolio of bonds, index trackers, and maybe alternative funds. Will aim is to pick (ideally as many as possible) funds that will offer returns with a low correlation to each other and just whack the same amount in each. Then forget about it for a few years. When I finally get my finger out and optimise my pension I'm thinking of:
20% Developed markets global equity tracker
20% Emerging markets global equity tracker
20% Global Bond
20% equity absolute return
20% cash
Perhaps could get more fancy eg could put some an equally weighted rather than cap weighted equity fund, going for a bit of a bond hedge fund. Anyone got any suggestions?
I work for an equity hedge fund, but I sit next to a managed futures fund, and have come to the conclusion that casual FX/Futures trading is a mugs game. These guys do it professionally and they've had a tough time this year (along with all the big managed futures houses, AHL, Aspect,…), and that's with proper risk controls, loads of bods working on alpha models, dedicated dealing desks etc. You might hear about some bloke who made a load of dosh, but that's just chance/selection bias.
What I intend to do is dial up a diversified portfolio of bonds, index trackers, and maybe alternative funds. Will aim is to pick (ideally as many as possible) funds that will offer returns with a low correlation to each other and just whack the same amount in each. Then forget about it for a few years. When I finally get my finger out and optimise my pension I'm thinking of:
20% Developed markets global equity tracker
20% Emerging markets global equity tracker
20% Global Bond
20% equity absolute return
20% cash
Perhaps could get more fancy eg could put some an equally weighted rather than cap weighted equity fund, going for a bit of a bond hedge fund. Anyone got any suggestions?
What I intend to do is dial up a diversified portfolio of bonds, index trackers, and maybe alternative funds. Will aim is to pick (ideally as many as possible) funds that will offer returns with a low correlation to each other and just whack the same amount in each. Then forget about it for a few years. When I finally get my finger out and optimise my pension I'm thinking of:
20% Developed markets global equity tracker
20% Emerging markets global equity tracker
20% Global Bond
20% equity absolute return
20% cash
Perhaps could get more fancy eg could put some an equally weighted rather than cap weighted equity fund, going for a bit of a bond hedge fund. Anyone got any suggestions?
How much approx would you put in overall to make that kind of a pot worthwhile? a lot I'm guessing.
I wouldn't even bother with trading - the sums you're talking about are so small that the returns are nominal once costs are factored in. Find a high interest saving accounts (not necessarily a British / European bank) and / or, protect your wealth in assets and hope for a marginal capital gain.
Barrence talking the most sense here. I like dogs of the FTSE where you buy and sell once a year and only buy the biggest companies at their lowest point.
ShaneB talking no sense whatsoever there are no savings accounts offering above true inflation i.e. money in the bank equals loss in the UK.
You cannot save money outside UK if you live here and pay tax. Less you got fam in Singapore.
ShaneB talking no sense whatsoever there are no savings accounts offering above true inflation i.e. money in the bank equals loss in the UK.
You cannot save money outside UK if you live here and pay tax. Less you got fam in Singapore.
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