In that period of time the S&P has gone up around 15-20% and you would have been charged 0.07% of your investment for tracking it with BlackRock.
6% in a bull market, especially one as good as the last year, is a pretty terrible return.
Like I said it works for me so not too fussed about what I could or could not be doing
Fair enough.
Just realised even government bonds could have bested it.
What exactly are you invested in on Moneybox?
I originally started off with just a stockās and shares ISA but then took out a LISA as may look to buy a property in the next few years. Iāve also taken the 95 notice day account to place some funds into, canāt be tempted to touch that one at least as need to give the 3 months notice to get to it.
Horses for courses with the different investment options out there, Iām sure theyāll be people rolling their eyes at the fees etc, but for me it was the ease of use of the app that attracted me and its helped me to save cash for the future, Iām not sure if Iād of sat and looked at other options that Iād of actually signed up for any in the 1st place. Appreciate everyone has a different view on what they are looking for 
1 Like
I think the modern, easy to use, attractive app-based investment platforms are a great introduction to investing. Before Freetrade Iād never even considered opening an investment account.
But once youāre in the game, you can take a year to look around and see how best to make your money work for you.
For the cost of a website sign-up instead of using an app, you can then make hundreds to thousands of extra Ā£. Well worth what turns out to be pretty minor effort.
1 Like
Off topic but why move from Pensionbee to Vanguard? Better rates?
The fees, itās robo advisor type thing, the app is ok, but with mobile devices you can create a home screen link to the website anyway, my kids JISA are there and it will make it easier to mange as every thing in one place.
The pensionbee account has made a 17.4% increase in just under 13 months, if I left before the year is up they charge Ā£500 for leaving but Vanguard would cover them, just waiting for the SIPP to launch to start it @Sendu can also advise better than me on this stuff 
1 Like
Ahhh ok, Iām with Pensionbee so was wondering!
I think it may have been you that joined via my referral link 
1 Like
Vanguard - canāt beat their fees.
Avoid Moneybox as they have the highest fees of the entire market for S&S ISAās, with limited control of where itās invested.
Anyone with experience of AJ Bell Youinvest? Iāve read a couple of reasonable independent reviews but you canāt beat stories of personal experience.
I use them for my LISA. The app and website are a clusterf***, and the security on the app is just stupid (FaceID and password and security question just to view your account).
However, you typically only need to access an investment account 1-4 times per year, and all that really matters is:
- Does the platform offer what you want to invest in?
- Does the platform have better rates than anyone else that satisfies 1?
For a LISA holding an ETF, AJBell was the best for me. For an S&S ISA, it probably isnāt the best choice.
The big spanner in the works here, as another poster alluded to, is transfers.
The fact that in 2020 ISA transfers are still so reliant on paper is pretty outrageous. Itās particularly egregious in combination with the ānew money only into 1 ISA of each type per financial yearā rule, which means you have to use transfers if you want to get around that rule.
This topic was automatically closed 180 days after the last reply. New replies are no longer allowed.