Investments and Crypto 💰

[rundev]

Free trade support fractional shares in an ISA

[AaronB1 (Aaron)]

Not according to their website, they do allow it for general investment accounts and SIPPs but not ISAs

[hannng]

@Pyros

Klarna IPO has gone well so far. I think this does show the cracks in the BNPL world.

Was thinking of buying their shares. Glad I didn’t now.

[rundev]

Fractional Shares in ISAs | Support

[AaronB1 (Aaron)]

Thank you

[Bosaw]

Lightyear now allow fractional shares within a Stocks & Shares ISA.

[RSheff]

How Bitcoin plunge could trigger a financial crash https://www.thisismoney.co.uk/money/mailplus/article-15535801/Bitcoin-plunge-financial-crash-experts-HUGO-DUNCAN-Titanic.html?ito=native_share_article-nativemenubutton

[Bosaw]

Lightyear plans are live (T212 pies basically)

[rundev]

Freetrade is another decent alternative (haven’t been using it long though)

[RSheff]

Wall St heavyweights tell me bitcoin is a scam, says RUTH SUNDERLAND

[fillip2k]

What’s so bad about it?

[AaronB1 (Aaron)]

I was about to ask the same, they’ve fixed the recent design issues. I personally think it looks quite good.

[hannng]

Tbf the redesign is less straightforward compared to what is was when I joined last year. I used to be able to see everything I need on each account’s home page, now I have to do 2, 3 extra taps to where things were before.

I recently learnt since I have donkey’s years until retirement I am better off investing in a SIPP. Short-term stocks trading is practically gambling.

[AaronB1 (Aaron)]

@hannng

I recently learnt since I have donkey’s years until retirement I am better off investing in a SIPP. Short-term stocks trading is practically gambling.

If you’re investing strictly for retirement then a SIPP could be better. However it does mean your money is locked away.

There are rules concerning withdrawing money from pensions that you need to understand as they have implications if you want to top up once you start withdrawing.

I have both a SIPP and ISA, and I move shares/money from my ISA into the SIPP.

[rundev]

In the process of moving mine from Vanguard to Freetrade

[AaronB1 (Aaron)]

InvestEngine are worth a look for a SIPP

[Arnie7]

@hannng

I am better off investing in a SIPP. Short-term stocks trading is practically gambling.

I operate my SIPP in the same way as I do my pies on T212. In fact, one of my T212 pies is a replica of my SIPP.

[Arnie7]

@DMc1

Any recommendations where to open a SIPP, Lightyear doesn’t have them which is a shame.

I’ve been with AJ Bell for over 25 years now. They’re a very complete SIPP offering both on investing and also when you’re withdrawing.

[AaronB1 (Aaron)]

For that are interested, there is a good youtube video on understanding stocks, and how to read all the information presented.

How to Read a Stock Chart | Investing for European Beginners

[Pyros (Pyro)]

I do love a good dividend

Thanks for the free money Rio Tinto!!