A bit late with this but… Freetrade are running another promotion for new users joining through a referral. You get a chance to win a share in Apple (1 of 10) when you refer a friend. Both of you get your normal free share and a chance to win.
Refer a friend to Freetrade from your app between 1st and 30th October for a chance to win. Once your friend opens and fund their account and fills out their W-8BEN form, you both get a free share from Freetrade and a chance to win an Apple share.
It’s clear you don’t see the value the Plus offering. However, I’m curious to know, if Freetrade offered identical features to 212, would you use Freetrade instead?
Well, not quite free, as it’s a time value of money consideration, but it would essentially pay for itself. It’s particularly interesting for people with large cash positions. And anyone (larger investors) with Plus for Life, as they’d be in the money to the tune of £120 a year.
Hi all. Your friends over at Freetrade are crowdfunding next Wednesday. If interested you should get on the mailing list and get an account with Crowdcube.
I’m a big fan and honestly think they have a great chance at democratising trading. I try not to think about how immensely larger my wealth would be if I’d had access to something like this 20 years ago.
For me a mix of funds (sensible) and shares (fun), but I think in the beginning investing regularly is more important than what you invest in. VWRL is a good place to start.
I agree it is silly they reserve some stocks for plus, but they do have to charge for something. HL charges £12 a trade still. I’ve found the app pretty good and am fairly happy with it, it does what it says and no more - the biggest gap is in info on stocks/etfs but they have a good etf selection and for £50 a month it is absolutely fine.
I tend to invest in an: S&P ETF, NASDAQ EFT, Euro DAXX 50 ETF, FTSE 100 ETF
to cover the major markets and I generally stay in the positive each year. I should really add a wider world ETF or a few developing world ones but I’ve been playing safe since Covid started.
I have 50 shares in Apple which has gone up tremendously since I got 10 for £50 each. They then they quadrupled on a stock split in 2020. I add a few here and there (the 10 extra) when they go through a dip. Missed out on the Tesla craze though over the last two years, which was stupid on my account in retrospect.
Echo the above, you can’t go wrong with global and diversified ETFs (major benchmark funds VWRL, S&P500, NASDAQ100).
As of now, I do hold more money in individual stocks (more risk for more potential reward/loss). Frustratingly, these do not include Tesla despite it being obvious it’d be the next FAANG entrant. Just didn’t think it’d march to $1trn as quick as it did past 2 yrs.
I put about £1000 into an account where, every week I put £200 on the tips in the back of The Week magazine for five weeks before recycling to the new tips. It’s doing alright, ‘beating the market’ by some margin, although that’s probably a bit false (the risk is higher than the whole market too!).
My actual investments (like money I intend to keep) is all spread between indexes, also isn’t on Freetrade (in ISAs)
