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Who is your S+S ISA with?

5 replies

Legaldrama · 12/06/2023 21:17

I'm aiming to put a bit by to bridge me from a hopefully semi retirement through to state / employer pension age, so thinking long term.

I've done too much reading and I'm fried. Who are you with, and if you like them would you mind saying why?

OP posts:
Blueey · 12/06/2023 21:19

Vanguard. I find the website fairly easy to use and like picking my own funds.

The S&P 500 has been really good.

grass321 · 12/06/2023 21:39

I have the joys of covering this for work. Definitely worth looking at fees as even a 0.5% difference can be thousands of pounds lost over time.

If you want low cost, fairly basic range of investments: Freetrade
If you want a flat platform fee (works well for larger value portfolios): interactive investor
If you want to pay for a premium service provider with excellent customer service: HL or Aj Bell
Bestinvest are cheaper if you pick their managed portfolios than the DIY option.

grass321 · 12/06/2023 21:41

One of the platforms pointed out to me that it's cheaper to buy Vanguard funds through them, than through Vanguard. (Which is true).

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Legaldrama · 13/06/2023 19:06

@Blueey thank you, Vanguard seems to have so many options, but I've heard many people go for the 500.
@grass321 I'd never considered buying a Vanguard through someone else, even more research to do now! Thanks for the advice.

OP posts:
grass321 · 13/06/2023 21:05

I'm not a big fan of index funds but I'd stick to monthly investing at the moment. The FTSE 100 is down, the Nasdaq is up (but the reverse last year) and the outlook is uncertain.

Personally I'd go to AJ Bell or HL and pick a mix of actively managed and passive (index funds) from their shortlists. Or choose one of their ready made portfolios.

Diversification is your friend. Small cap stocks have been battered of late but my best performing (active) fund was a small cap one which made a 50% return last year. So don't put all your eggs in one basket.

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