Nfu investment isa

[daveydiesel1]

Ok so Vanguard are one company of a plethora who provide you with a vehicle in which you can invest your money. There are lots of companies out there - huge ones - Aviva, interactive investor etc. They want a point of difference as they want you to invest your money with them so they can profit off it too, they will look to entice you in various ways - some will focus on service, some on low fees, some on specialist products.

You are giving them your money in the hope it makes more being invested in world stocks and shares and they can take a proportion of it for doing it for you. Have a play with the Pension Bee website and all other things, familiarise yourself exaclty with what you want and how you want it to be managed

Compound Interest - money always grows long term, the bigger pot you have and the longer you leave it the bigger it grows. Like a mushroom.

So that 10% interest is subject to them taking a big whack? How big of a whack are we talking here

 

[Humble Village Farmer]

So that 10% interest is subject to them taking a big whack? How big of a whack are we talking here

It's not interest. It's a return which will be dividends and capital growth.

Take one of your investor mates down the pub and buy him beer while he explains it all.

There are no guarantees unless it says the word guarantee. Even then the guarantor can default.

There's a lot to learn and even the cleverest people lose money sometimes.

 

[daveydiesel1]

It's not interest. It's a return which will be dividends and capital growth.

Take one of your investor mates down the pub and buy him beer while he explains it all.

There are no guarantees unless it says the word guarantee. Even then the guarantor can default.

There's a lot to learn and even the cleverest people lose money sometimes.

Yes sorry, i have a cousin by marriage that does invesments but he reckoned around 7%, hes also full of **** so i dont know when to believe him and when not to

 

[Humble Village Farmer]

Yes sorry, i have a cousin by marriage that does invesments but he reckoned around 7%, hes also full of **** so i dont know when to believe him and when not to

Anyone can say 7%, 10% or 25%.

There, I've said it. It means nothing.

I would start by talking to him and let him go through everything. There's a lot to learn.

Tell him you've got £5k to invest so he doesn't think of you as a get rich quick scheme.

 

[SilliamWhale]

So that 10% interest is subject to them taking a big whack? How big of a whack are we talking here

Different companies have different fees. The market is quite competitive and lots of low cost companies have emerged as we get more digital.

A long term investment may grow 20% one year and lose 5% the next. Time in the marketplace is important which is why compound in matters, investing £100 at 18 could have been more important than £3000 at 66.

Lots of advisors seem to say keep paying in and it will be worth it but when you start it feels a long way off. It's probably not worth chasing individual

I only picked Vanguard as a low cost example. There are others.

 

[daveydiesel1]

Different companies have different fees. The market is quite competitive and lots of low cost companies have emerged as we get more digital.

A long term investment may grow 20% one year and lose 5% the next. Time in the marketplace is important which is why compound in matters, investing £100 at 18 could have been more important than £3000 at 66.

Lots of advisors seem to say keep paying in and it will be worth it but when you start it feels a long way off. It's probably not worth chasing individual

I only picked Vanguard as a low cost example. There are others.

Thanks for the advise as its something i want to study up before making any moves

 

[daveydiesel1]

What about whiskey investments, what way do they work etc?

 

[SilliamWhale]

Thanks for the advise as its something i want to study up before making any moves

Read the Telegraph money website. They have a new thing giving lots of advice. Once you understand it a bit you will probably know what direction you need to go on. Also read the comments from some of the articles as often there are experienced people

Don't expect miracles

 

[Humble Village Farmer]

What about whiskey investments, what way do they work etc?

Everything goes up and down as we know from agricultural commodities. It's pretty much the same kind of thing.

 

[Cropper]

The value of investments can go down as well as up and you may get back less than your original investment.

This is the caveat on all stock market investments.

The main difference between a pension and isa is that the pension gets tax relief when you pay in BUT it is taxed when you take it out, while an ISA is paid for with taxed income and so is not taxed when you take it out.

In both cases the government (taxman) knows exactly what you’ve got where!

 

[Foodie]

Yes sorry, i have a cousin by marriage that does invesments but he reckoned around 7%, hes also full of **** so i dont know when to believe him and when not to

Strange that

The thing is though, wouldnt you expect to be able to approach your friendly NFU who know about these matters and gain a similarly suitable useful insight?
or maybe theyre the same.

 

[yellow belly]

donot invest everything in , one fund ,one company or one class of investment

diversify to avoid potentially low returns

farm land
house
isa share funds
pension

bear in mind how much taxable income you may have income from pension land houses all taxable when getting money out
isa is tax free income wise but not iht so spend isa before pension

 

[theboytheboy]

So who is vanguard product? And what is compound interest?

 

[theboytheboy]

Follow this guy on you tube, watch his videos