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Post by anotherinvestor on Dec 22, 2016 7:57:38 GMT
It might seem a long way to 6th April but for me it's time to try and find a place to invest this years ISA allowance - especially. I didn't feel confident to use it in the previous tax year. The delays in approval might well be in our long term interest but I have yet to find a p2p ISA that I wish to invest in.
I like the sector that abundance works in but I am not keen on their debentures.
Savingstream and BondMason would be ideal for me, or perhaps the BridgingCrowd.
Folk2folk and Hargreaves lansdowne will launch a product in the new tax year.
are there any alternative suggestions other than a cash ISA as a holding place?
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archie
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Post by archie on Dec 22, 2016 8:10:25 GMT
There are supposed to be a number of authorisations granted in January although I wouldn't rely on it.
I'm waiting until February to decide on this years ISA.
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pom
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Post by pom on Dec 22, 2016 10:03:00 GMT
I decided at the start of the year not to worry about waiting for IFISA this year, and put the full amount in my S&S ISA instead. Mind you I'm now starting to wonder if I'm going to have a similar dilemma for next year  |
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Post by anotherinvestor on Dec 22, 2016 13:13:08 GMT
thank you both for sharing.
once upon a time I did well with stocks and shares but when the index stopped going up it got much harder so after the crunch I no longer bother.
funds and even bonds correlated with general stock market volatility and gave away their gains so i completely sold out just before the last general election.
i will look forward to seeing if anything tasty comes up in the new year otherwise it might have to be a cash isa for me as a temporary holding place.
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bg
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Post by bg on Dec 22, 2016 15:39:06 GMT
thank you both for sharing. once upon a time I did well with stocks and shares but when the index stopped going up it got much harder so after the crunch I no longer bother. funds and even bonds correlated with general stock market volatility and gave away their gains so i completely sold out just before the last general election. i will look forward to seeing if anything tasty comes up in the new year otherwise it might have to be a cash isa for me as a temporary holding place. The FTSE 250 is up 225% since the credit crunch (late 2008). Not a bad return.
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sqh
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Before P2P, savers put a guinea in a piggy bank, now they smash the banks to become guinea pigs.
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Post by sqh on Dec 22, 2016 16:05:05 GMT
It might seem a long way to 6th April but for me it's time to try and find a place to invest this years ISA allowance - especially. I didn't feel confident to use it in the previous tax year. The delays in approval might well be in our long term interest but I have yet to find a p2p ISA that I wish to invest in. I like the sector that abundance works in but I am not keen on their debentures. Savingstream and BondMason would be ideal for me, or perhaps the BridgingCrowd. Folk2folk and Hargreaves lansdowne will launch a product in the new tax year. are there any alternative suggestions other than a cash ISA as a holding place? You could put money in a "flexible" cash ISA, then withdraw the money and invest in P2P sites at c.12%. Then in late March/early April 2017, sell your P2P investments and put the money back in your "flexible" cash ISA. As long as your money is in the "flexible" cash ISA on April 5th/6th you maintain your ISA allowance. Then do the same again from April 7th 2017. Obviously your P2P interest is taxable, but you have a savings personal tax allowance, and you will maintain your full ISA allowance. It works well for me.
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Post by anotherinvestor on Dec 22, 2016 17:41:41 GMT
"You could put money in a "flexible" cash ISA, then withdraw the money and invest in P2P sites at c.12%. Then in late March/early April 2017, sell your P2P investments and put the money back in your "flexible" cash ISA. As long as your money is in the "flexible" cash ISA on April 5th/6th you maintain your ISA allowance"
thank you very much sqh - i will certainly be looking into this.
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adrianc
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Post by adrianc on Dec 28, 2016 10:58:38 GMT
Anybody got any suggestions for a FTSE tracker ISA?
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daveb4
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Post by daveb4 on Dec 28, 2016 17:43:43 GMT
FTSE tracker? Interesting? Will FTSE go to 8000 few people say or 6000/6500 like most people say. 2017 is looking to be very interesting? Personally selling a chunk of shares in a few weeks time and hoping 6500 to reinvest back in.
I will top up ifisa before April and hope a decent p2p company can offer a decent return Apri/May time.
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bigfoot12
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Post by bigfoot12 on Dec 28, 2016 18:12:42 GMT
Anybody got any suggestions for a FTSE tracker ISA? I opened an ISA last year with III and initially had found the transfer of my previous ISA to it very slow, but I am increasingly thinking that was more to do with the company that I transferred from. Since then I have been reasonably happy with them. I own some Vanguard FTSE 100 ETF in my ISA. (I am answering your question I am a net seller of FTSE and similar investments over the last few weeks.)
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