RE: Regular investing20 Feb 2022 13:53
MPO818 You pay 9.99 a month, so 119.88 per year. If you were to invest £25 a month to gradually build up your portfolio as per your example, you would pay £120 commission to buy £300 worth of shares. 40% commission. Ok, an extreme example, but my point is the same. If your shares go up by 10% a year, which is above average, your commission + stamp duty needs to be less, just to make a profit & you still have to pay again if you want to sell. More if you sell in small amounts. The more shares you buy in one go, the less % commission you pay. But it is more risky of course. Many people don't like risk so are prepared to pay extra to avoid it, that is why insurance companies make so much money. Just keep an eye on your costs is all I am saying, they are not peanuts!