And all these decisions are personal decisions to suit personal circumstance , none right or wrong , they suit the individual , but to discuss it when you hadn’t even thought of having a buffer , or indeed savings other than the jar for your change at the end of the bed …brilliant … lets continue inform those that want to be educated
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I would highly recommend MarketsFlow as an good choice of Investing they use computers to invest.
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What if you have a year of living expenses in cash, and 19 years of living expenses in equities? That means you have 5% in cash - but you can live for a year off your cash alone. Irresponsible? Of course not. Depends on your individual situation.
Vanguard or Freetrade are good choices, Vanguard only offer Vanguard funds, but they are excellent and it’s very much set-and-forget, but without being gouged by fees. Freetrade is new, and offer a lot more than Vanguard, but picking an ETF or two and just pouring everything into that makes for very very cheap investing.
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Oh god no. This is horrible advice (saying this as an investor in MarketsFlow). They are new, have little to no historical performance (beyond two years), is actively managed, volatile. A beginner should absolutely go nowhere near them. Just because it’s backed by “computers” doesn’t mean anything.
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Just had a look at Freetrade such a shame their s&s isa is £3 a month from next month
Do you need an isa at this stage? Also £3 is very good value when you have no other fees to pay them
equities don’t count. equity can change from having value to having no value overnight. Depends what the equity is in as well whether its stocks or whether its in bonds that turn out to be jun or whether its Gilts.
You could be right it’s just what I have with Moneybox and only pay them about £1 a month at the moment but realise that will increase as the investment value goes up
I’d genuinely suggest looking at Vanguard, they’re an established investment managing company and you can own the world via the Global All-Cap or Lifestrategy 80/100 if you want some safer bond choices. Massively diversified and very cheap. The platform fee is 0.15% and the fund fee is 0.2-0.25%. I pay a whopping total of 10p a month with my portfolio of £500 right now.
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A. Equities are always stocks.
B. Of course they count - if I have a well diversified portfolio and my equities are now 0, the world has collapsed and there is no economic system anymore. My cash savings are worth nothing as well. The might drop significantly, but not 0. Not for any scenario where saving means anything, anyways.
C. Even if they will, which they won’t, I still have a full year’s worth of living expenses to get me by whatever’s happening. Which is more then enough for some people. I appreciate this might not be the case for you, but this can be the case for someone. Which makes it perfectly reasonable and responsible to have less then 10% in cash.
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If you bet the farm on one stock, yes, but if you diversify, the risk is limited.
In a stocks and shares ISA you can have as many funds as you want, each fund will be diversified, but you can add a variety of funds to your ISA. For example, I have a Gilt index fund, a balanced portfolio fund, which is diversified in itself, plus I’ll swap around other index funds as the mood arises.
If one element of the balanced portfolio falls, it’ll be smoothed out by the fortunes of the other elements of the fund. If the whole balanced portfolio falls in value, it’ll hopefully be balanced out by the gilts/fixed income fund.
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They have won numerous awards for there company/product. So what’s your issue??
You can also choose what risk to take,the same as Moneybox,Nutmeg etc. Who are also new companies.
Indeed, you can choose what level of risk to take, but in my opinion, it is frankly ridiculous to suggest that level of risk to a beginner. Moneybox and Nutmeg invest in generic ETF’s with large amounts of historical data and significantly less risk than MarketsFlow custom, new product.
Awards are neither here nor there.
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Why is this post flagged?
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Possibly interpreted as spam/advertising. Which is a bit harsh.
FWIW, I don’t work for Freetrade but would also recommend them. (Albeit with a warning to be careful when placing trades, you have to change from £1 instant trade to the free queued trade every time you place an order. Which has caught me out once.)
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More than a bit harsh since the article mentioned some companies and the post was relevant 
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I assume coral crew can’t moderate flagged posts? Bit bizarre if they can’t as it’s arguably part of the role isn’t it?
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That’s your opinion? I have my opinion? You can also choose your level of risk on Moneybox,Nutmeg,Etc. so no different there:+1: