RE: INVESTMENTS21 Aug 2023 16:14
YoungRetiree, thanks.
Luckily don't have a lot in my dealing account......sorry, let me rephrase that..... it is a lot, but just not alot in comparison to SIPP and ISA's.
Luckily the wife has never worked so I try to put any cash into her dealing account, which again in comparison to her SIPP and ISA is still a lot lower.
I've just spent 4 hours putting all my picks onto a gigantic spreadsheet.
Then researched the Ex-Divi dates for the ones paying dividends.
Then pulled out the 5 year returns for the funds as well.
Then sat back and looked again.
Some of these funds on first look, look awesome, but then when you delve, they are actually crap, considering you are paying a much larger fee for them, having a 6.5% avg 5 year return value is not exactly blowing my mind when the fee's are between 1% and 2% for the privilege of having them.
Looks like I have more work to do.!
Also, I thought, hold on......with the fees to buy and the stamp duty, this is going to cost a small fortune.!
So far worked out 200 buys.......across the target funds/shares x the amount of accounts = 206 currently...... @ £7 a trade, so £1,442 just to buy this lot, let alone the stamp duty.......
I have now realised, this isn't as easy as first thought.!