Investments and Crypto 💰

UK
146

I am tempted to move the free trade but sadly they don’t have fractional shares in ISAs, hopefully that will change soon

147

Fractional shares seem to be a double edge sword… it seems to be harder to do in specie transfers with fractional shares.

148

Free trade support fractional shares in an ISA

149

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

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150

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

151
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152

Thank you

153

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

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154

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

155

Lightyear plans are live (T212 pies basically)

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157

I’m enjoying Lightyear. Give it a shot

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158

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

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159
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What’s so bad about it?

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161

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

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163

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. :sweat_smile:

164

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.

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165

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

166

In the process of moving mine from Vanguard to Freetrade

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167

Cool I’ll take a look at them again. One point I was comparing them to money box