The FTSE

  • Thread starter Thread starter worsleyweb
  • Start date Start date
Rammy Blue said:
And where would you find them? And what platform/company would you recommend to do it with?

thanks
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I use HL but there are others. Their wealth 50 funds are worth looking at. Plenty of funds recommended earlier in this thread, before all this FME thing became all the rage.

There are so many funds to choose from its hard to make individual recommendations about which will perform well.
 
journolud said:
I use HL but there are others. Their wealth 50 funds are worth looking at. Plenty of funds recommended earlier in this thread, before all this FME thing became all the rage.

There are so many funds to choose from its hard to make individual recommendations about which will perform well.
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I’m a complete novice on shit like this. I opened an account with AJ Bell a year or two back, I think it was for a sipp which I’ve never used.

I read bits on this thread and think I must get round to it, then I just end up shying away due to lack of knowledge.

I see people mention certain accounts where you pay for share deals and some that don’t, so if you wanted to use a few funds but then every now and then fancied buying some shares if you got a decent tip, would it still be HL you‘d recommend and are there different accounts to choose from with them?
 
Rammy Blue said:
I’m a complete novice on shit like this. I opened an account with AJ Bell a year or two back, I think it was for a sipp which I’ve never used.

I read bits on this thread and think I must get round to it, then I just end up shying away due to lack of knowledge.

I see people mention certain accounts where you pay for share deals and some that don’t, so if you wanted to use a few funds but then every now and then fancied buying some shares if you got a decent tip, would it still be HL you‘d recommend and are there different accounts to choose from with them?
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I’ve bought some shares via my AJ Bell SIPP - it’s around £7.50 a trade I think. Can’t be arsed opening another free account to trade, and I’d rather keep all of my millions under one roof ;)
 
worsleyweb said:
Closing the day 6462!!

Anyone with shares in cruse ships or planes could have taken a hammering.

Dare not look at my RBS shares.

But fir anyone with balls surely the FTSE will hit 8000 within 3 years once this has all passed so I make that a 20 percent growth factor over that period.

Great time to lump in??
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Hey worsley, I retire in 3 years, so surely I should up my pension contributions. I'm sitting on £130k paying £125 per month. With the Prudential. What you think?
 
Rammy Blue said:
I’m a complete novice on shit like this. I opened an account with AJ Bell a year or two back, I think it was for a sipp which I’ve never used.

I read bits on this thread and think I must get round to it, then I just end up shying away due to lack of knowledge.

I see people mention certain accounts where you pay for share deals and some that don’t, so if you wanted to use a few funds but then every now and then fancied buying some shares if you got a decent tip, would it still be HL you‘d recommend and are there different accounts to choose from with them?
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I used to have an IG account as well that I had individual shares in but I wasn’t much cop at picking them so now am mostly funds . IG, HL and AJBell probably all much of a muchness so if you are happy with the look and feel of the AJBell website or app there is no need to open anything else.

I wouldn’t rule out dabbling in shares again but would prefer to let someone else ie a fund manager do the thinking for me.

That said depending on the fund there probably isn’t too much thought involved. One of my holdings in in Scottish Mortgage which I believe is the biggest fund out there and the majority of that is made up of big companies like Tesla and Apple (I think)

The various platforms mentioned above plus other sites like Morningstar tell you the make up of various funds.

Im far from being expert myself but have become fairly comfortable investing. I steer well clear of all this drama with GME that is going on
 
AMC closed at $13.00 ! Incredible.

Anything on closing for AMC above $9 today and all the calls expire in the money and market makers will be forced to buy shares back at a premium. Monday will see the price rocket officially starting the AMC short squeeze.

AMC to the fucking moon boys. £££££££££
 
MillsyTheMosher said:
AMC closed at $13.00 ! Incredible.

Anything on closing for AMC above $9 today and all the calls expire in the money and market makers will be forced to buy shares back at a premium. Monday will see the price rocket officially starting the AMC short squeeze.

AMC to the fucking moon boys. £££££££££
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How much do you realistically think these will get to on monday onwards? I know fuck all about stocks and shares but put 1k into AMC
 
MillsyTheMosher said:
AMC closed at $13.00 ! Incredible.

Anything on closing for AMC above $9 today and all the calls expire in the money and market makers will be forced to buy shares back at a premium. Monday will see the price rocket officially starting the AMC short squeeze.

AMC to the fucking moon boys. £££££££££
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Diamond hands

Edit; I have no idea what I'm taking about. To alpha centauri!
 
journolud said:
Split it into 2 or 3 well managed active funds
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As I understand it, actively managed funds do worse in the long term on average than index funds though. And it also seems like there's no real way of distinguishing between skill and luck in deciding which is a well-managed fund.

What sort of return is everyone typically getting annually?
 
I'm With Stupid said:
As I understand it, actively managed funds do worse in the long term on average than index funds though. And it also seems like there's no real way of distinguishing between skill and luck in deciding which is a well-managed fund.

What sort of return is everyone typically getting annually?
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That’s pretty much correct. I’d estimate an index tracker will beat in the region of 90% of managed funds, but there are funds that have a track record of beating the index. Check out the Baillie Gifford American fund. The fund returned over 100% in 2020. From memory, Morgan Stanley & Black Rock have a few decent ones too.

Obviously, those types of returns mentioned above are outliers but there are decent well managed funds out there
 
There’s going to be some big winners and losers on the short squeezes, but it won’t all be the hedge funds. It’s fun to watch but I haven’t been getting involved there. There’s some really good value out there at the minute in the FTSE. I like defence, with everything going on they still announced the biggest commitment to the sector ever last year.

- Babcock is extremely low (recovered from 200 to about 233 already) but there market cap of 1.1bn puts them in takeover territory - 603 a year ago today. Profit warnings on some of their programmes though.

- BAE systems is down at 462 and still managed to 23.2p dividend in 2020. They delayed the final 2019 dividend but caught up. Nearly a 5% return on the dividend alone and I’d expect the price to recover too. They’ve steadily dropped from 500 along with the FTSE in the last two weeks.

- Rolls Royce - 92! A little more cautious about Rolls because of they’re cash issues but the price is so volatile there’s good money to be made short-term for traders and you’d expect long-term for investors they’ll still be around. Less defence I suppose and more impacted by civil flying but the vaccine really should see it it. Perhaps a safer bet is IAG because of their Qatar backing and access to cash? Fun to watch at least.
 
I'm With Stupid said:
As I understand it, actively managed funds do worse in the long term on average than index funds though. And it also seems like there's no real way of distinguishing between skill and luck in deciding which is a well-managed fund.

What sort of return is everyone typically getting annually?
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The best performing actively managed funds will out perform trackers but you’re right, it can be a bit of a lottery choosing which funds to go with. Lumping into last years best performer can be the equivalent of putting a fielder into the spot the batsman has just skied one to but there are funds that perform consistently well over a number of years (past performance is no guarantee etc)

I’ve only had my funds for a couple of years since taking my lump sum and while I can’t specify annual returns I have got typical returns of 30-50% since opening them
 
I'm With Stupid said:
As I understand it, actively managed funds do worse in the long term on average than index funds though. And it also seems like there's no real way of distinguishing between skill and luck in deciding which is a well-managed fund.

What sort of return is everyone typically getting annually?
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Have a look at Cathie Woods ARK funds, IF you’re entertaining actively managed funds. I have a few bucks stashed away in there, but you have to be able to live with 3% daily moves.
 
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