So, I have been reading lots and listening to podcasts, soaking up as much as I can around investing. I am just wondering what someone more experienced thinks of my initial plan?
I have decided on a LISA for retirement and I'm going to be brave and go for the S&S version, in the hope it will see more long term growth. I am 34 so time is on my side.
I have went with AJ Bell dodl as it had the lowest fees atm (0.15%). I've deposited £1000 to start and invested £500 of that in an AJ Bell 'adventurous' fund. The fee is 0.33% though which is ?high and maybe unwise to invest more money in long-term? Or maybe a managed fund would yield better returns and is worth the fee?
I have £500 to put elsewhere and wondered would the S&P 500 be best Vs FTSE 100? Fees are 0.03% and 0.06% respectively. I am also considering a global tracker but can't see it as an option. Maybe dodl doesn't offer that and only has a select few for LISA investors?
Thanks for any views.