InvestEngine Portfolio Update - Stocks & Shares ISA (February 2024)

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[@simoncook1325]

My ISA is up 21% since May.Happy i maxed it out back then

[@boyasaka]

Which funds you in Simon I opened a isa 8th January 2024 5k in S & P 5k global all word And combined there up 5 percent

[@simoncook1325]

@@boyasaka QQQ

[@turner1622]

Worth the wait Toby for your IE update. Thanks for sharing your SIPP set up, i wasn't sure how that would work. S and P flying at the minute. Cheers mate.

[@sirzee75]

Thanks as always Toby. Very helpful. Nice and clear info.

[@TomsPersonalFinance]

Been looking forward to your update, Toby! The launch of the IE SIPP is very exciting! Although the big benefit for me is the additional choice over Vanguard in terms of ETFs, but I guess that doesn't really matter for your approach haha

[@TobyNewbatt]

I’ll surprise you one day Tom and I’ll use some iShares and Invesco 😉

[@Abdul_Rahman86]

Great looking portfolio!

[@leodass]

Honest and down to earth.

[@anthonybrown4874]

Interested in the Invest Engine SIPP but in needs to take transfers as my SIPP with another provider i feel is too expensive though i wont start a newvonecas all my spare salary enters my workplace compulsory pension via salary sacrifice but have to wait until it reaches a threshold to do a partial transfer.

[@valerienewbatt9678]

Terrific video as always Toby

[@Norfolkpaul]

Great video as always 😊

[@nicholasacquah]

Great video as always

[@nicobass1966]

Cheers for the update Toby and your investments are doing well and long term you will be in a good postion - yes the s&p 500 has gone mad, my best investment in the s&p has gained 15% but who knows what's going to happen. ISA S&S @ 8%, pension over 9%. 18 months and I'll be 59 and hopeing to knock the full time job on the head - what could go wrong 🤣😂🤣

[@TobyNewbatt]

touch wood you're on easy street cruising to 59...enjoy the ride thanks always :)

[@UKGeezer]

The last few months, although exciting, have made me a bit uneasy - what goes up must come down. Have to remain level headed and remember the rule on dollar cost averaging and time in the market. I wish I could stop peeking at my investments.

[@timothyhewitt6736]

Vangard VUAG and Investco FWRG are on fire. 7% in 3 months, £800 up 🙂

[@idiomatika]

I invested in Nvidia for two weeks before getting cold feet about having too many eggs in one basket. I would have done well to keep that investment, but did at least make a quick hundred quid. To replace that investment, I've added the VanEck semiconductor ETF to my InvestEngine ISA.

[@TobyNewbatt]

Good luck!

[@clivevino1560]

Does the 30 day rule apply to Isa investment . you cant buy within 30 days should the shares take a dip ?

[@michaelshaw2940]

Does invest engine pay compound interest on a stocks and shares ISA I am seeing conflicting information

[@ianchisholm9215]

I would love to see a video toby on comparing sipp investing as a limited company vs individual Toby and pity IE doesn’t do employer contributions into a sipp

[@samuelbrown250]

+1

[@kevf4537]

Me too

[@Gnarturtle]

Can you get a sipp as a Ltd company? I thought the personal pension was only for individuals.

[@samuelbrown250]

@@Gnarturtle You are correct, however you can pay into it x2 ways: personally and if you have one via your Ltd company. There are benefits/ disadvantages of both.

[@Citi-zen86]

I believe Dodl by AJ Bell have a 0.15% SIPP fee however this is not capped at £200, but does do global funds which are a little cheaper than the same all-world ETF's. I have HSBC All World at 0.13%. I may change once I hit over £200 in fees.

[@MissKartikus]

Hi Toby. I have a general investment account with invest engine. If i rebalance my portfolio, which will cause the app to sell some shares and buy others, do i have to tell HMRC?

[@leomarks2846]

Great videos as always Toby, is it correct that Invest Engine only able to invest in ETFs? Cheers Leo

[@TobyNewbatt]

Yes thats correct, ETFs only no individual stocks. But plenty of choice enough for me :)

[@leomarks2846]

@@TobyNewbatt Great to know and thanks for such a quick response. Keep up the great work Toby

[@FootyAccaQueen]

This is interesting to see! I've been watching your videos for quite a few months. I signed up to IE over 6 months ago but only started investing end of last month and made my second deposit today. So far all my 6 ETFs are in green but obv I understand that can change. The only thing I haven't quite got my head around yet is how often does AutoInvest happen? My portfolio is up £18 but does that mean that is automatically invested? Cash on AutoInvest says £0.02... If you have time, please could you explain - and no worries if not :) Thank you!!

[@bionic909]

Im in the s&p500. I put the maximum pension contribution a year in. Ive always bought in the dip fortunately but i have a significant amount in the pot to invest into stocks n shares this year. I have two years left before i can draw my pension. Im not sure what i should do.

[@Chardy97]

I'm up 10.23% it's been crazy the past couple of weeks

[@david-fletcher]

I like the look of the invest-engine SIPP it's slightly cheaper than Vanguard ... Depending upon age there currently is no drawdown function !

[@TobyNewbatt]

I'll give them 20 years to make the function :P. Or you can always move it

[@david-fletcher]

😅

[@lja8187]

Good video as always.

[@TobyNewbatt]

Thanks again!

[@pumadan37]

What platform do you recommend for low cost/sit and hold/long term investing in ETFs UK.

[@TobyNewbatt]

I use Trading 212, Invest Engine and Vanguard and enjoy them all 👍

[@KeldorTheWhite]

What do you think about Moneybox as an investment platform for Stocks & Shares ISA? Do they have competitive rates? Thanks

[@adrianl5899]

Looking at their stated S&S ISA fees, I don't think they're competitive at all.

[@KeldorTheWhite]

Who do you like to use (not investment advice) just curious what other folks do.

[@adrianl5899]

@@KeldorTheWhite I have various products and use different platforms. These include II, Fidelity, HL and Aviva. There are specific reasons for using the accounts/providers which may not be applicable to you. For example, I have an old Aviva Stakeholder pension which has retained a protected age access at 55, even though I would otherwise have been impacted by the rise of access changing to age 57. As such, I retain it (0.5% all-in fee) because of that reason. Would I, today, set up an Aviva Stakeholder pension? Not in my situation, no. My Fidelity Sipp also retained access at 55, and for most of the years I had it I was paying a lower service fee than the direct to customer service fee as I went through a broker to access the Fidelity service. The only reason I'm using HL is to oversee a Bare Trust account that got moved there in the ending of another service provider. I also choose to (mostly) invest in UK domiciled funds rather than ETFs, which means ETF-only platforms don't interest me in the main. So thos has a bearing on what I do moreso than it would anyone looking for ETF investing. A site like comparefundplatforms might lead to helping to choose a suitable platform for whatever type of investing wrapper (ISA/Sipp/JISA/general) and type of investment (fund/ETF/shares) a person is looking to do. Even then, I would still do a bit of looking around because there may be offers which, in effect, reduce fees further, and there are sometimes more stealthy fees which aren't necessarily being calculated. A site may appear free to trade on but if you're paying a lot for FX fees, or there's a larger spread then it may not be as favourable as it first appeared.

[@adrianl5899]

And if that essay wasn't enough (apologies!), I should just say that the most important things are getting going with an appropriate level of contribution to meet your aims into an appropriate investment for the time horizon... And not giving up along the way when the markets fall. We can get stuck before we start in trying to save on fees - and yes, it's something that we can control - but don't get investment paralysis. After all, you can always transfer away 'in-specie' if your investment is offered on other platforms who accept 'in-specie' transfers in. And if not, you could transfer in cash (though be out of the market while doing so).

[@KeldorTheWhite]

@adrianl5899 seems to have deleted the essay part but thank you for your response. Appreciate others perspective.

[@samuelbrown250]

Would like to see the Ltd company / business video 😊

[@TobyNewbatt]

Sounds good I’ll note this one

[@TruthTeller00]

Class video Toby! What’s your thoughts on a 80% VUAG/20% VHVG set up as a long term play? 🍻

[@Casa1000]

VUAG is 96% US. VHVG is 65% US. So you’re 90% exposed to the US…

[@TruthTeller00]

@@Casa1000 Yeah, it’s admittedly weighted heavily towards US. The US has a super track record.

[@h418lfc]

While you are heavily weighted to US equities, make hay while the sun shines. Just remember the US Market normally becomes more volatile in an election year due to uncertainty around policy changes and once interest rates are lowered, you have to ask what's left to keep pushing things higher. Not financial advice.

[@TruthTeller00]

@@h418lfc Countless elections over the past 50 years, the only way has been up over time.

[@adrianl5899]

Each to their own but I see no point whatsoever.

[@dean4111]

Hi toby Looking at switching to invest engine. Ive seen i think £20 minimum direct debits weekly, could you break down these if possible please. If you done say just £40 a week could this be spread across a few etf's or is the £20 minimum just into one etf. Thanks 👍

[@TobyNewbatt]

Hi Dean you can spread across a few etfs you just need to make a portfolio and choose the percentages you like

[@EZ1111]

Is VUAG on Vanguard and Invest Engine the same thing? It's named differently lol

[@adrianl5899]

Yes, it's the same.

[@Casualclips17]

Have you considered FWRG over VWRP? very similar etf with much lower fee

[@TobyNewbatt]

Maybe one day in the future, yes this is also a great option :)

[@magoo9066]

I hear the term dollar cost averaging thrown around alot but it seems like most people who use it just invest the X amount that they can afford each month and don't have a huge lump sat to the side waiting to be invested. I'd be intrigued to know if when you say it you mean you just invest every month from your wage as opposed to having say 10k sat in a bank but drip feeding that into the market. The latter would seem counter to the argument of time in the market being better than timing the market. Enjoy the vids. Keep up the great work.

[@ricd21122112]

About 75% of the time,, putting in a lump sum in go rather than over time will win out But its psychologicaly much tougher

[@magoo9066]

​@@ricd21122112yes, historically that appears to be the case. I don't think a lot of people who say that they are dollar cost average are technically dollar cost averaging because they don't have any surplus lump sum left to invest - they're simply investing each month from their accessible pot of money, similar to people paying into a pension pay cheque to pay pay cheque. So whilst it looks the same on the graph they are actually putting in a lump sum every month..

[@TobyNewbatt]

Technically yes - if you invest all you have every month you are lump sum investing. You then get a long term cost average in the market. DCA only technically applies if you are choosing to invest a lump sum over a set time period. I hope that was the question 😎

[@markusmax8068]

nice vid toby thanks, i just opened a sipp on invest engine, 75% LGGG and 25% LGUG 0.8% TER, i dont buy vanguard they are good but cheaper is available. i am 58 and i was thinking i am too old to open a sipp but i will fund it for 5 years and accept jeremy hunts 20% gladly, market has been on a roar since november 1st but a 5 to 10% dip is looming = sale time!

[@adrianl5899]

58 is certainly not too old. :) You can be contributing to a pension until you're 75 and gaining tax relief,. Even as a non-earner people can pay £2880 net in to get £720 tax relief.

[@TomsPersonalFinance]

Sounds like a great portfolio, Mark 😊

[@VirtualDarKness]

Pension wise I'm undecided whether to go with a SIPP or something like one of those vanguard accounts.. mainly because I probably won't be looking after it regularly and also because protection on SIPP is not on the whole amount if I understood correctly 🤔

[@wl660]

SIPP are great tax efficient ways to invest, but you cannot get to the money til 55 (or even 57). ISA are nearly as good - as growth is not subject to tax. Are you referring to Vanguard Tracker? Vanguard have both ISA and SIPP - both low fees.

[@attackdebris]

I look forward to your Invest Engine business video, I'm not sure how that would work.

[@TobyNewbatt]

Basically taking business cash and investing it in what you like but maybe a future video

[@tonyh1460]

@@TobyNewbattactually I have a little side hustle and made £5k profit, I put it into an InvestEngine business account, the usual suspects, SP500, FTSE100, Global, Nasdaq. It’s up £600 but I was wondering how it’ll be taxed, I guess as CGT at what 25% ? I’ll wait for the video Toby

[@aaronh_5]

Hi mate, can i pay into multiple SIPPS in a financial year?

[@adrianl5899]

Yes, you can use multiple Sipps (and other types of pensions) in a tax year. Just stay within whatever your annual allowance is in your earnings situation.

[@jackhughes2201]

Could anyone explain why VUAG is valued lower than VUSA even when it’s accumulating so the value should increase further with the dividends being re-invested which is reflected with the value of each share increasing?

[@attackdebris]

VUAG has a later launch date

[@adrianl5899]

ACC and INC versions can be different in that way. Here, for example, the INC launched at $25, 7 years before the ACC was launched at $50.

[@Zero-Investing]

I'd like to see business investments and how it work 👍

[@TobyNewbatt]

Noted!

[@ba5ilfawlty]

I was lucky enough to buy Arm at the right time and sold my stocks for an £82 profit. Will likely by back in when it drops back to last week pre-rise level

[@audie-cashstack-uk4881]

Luck has nothing to do with it it was obvious to a single digit iq arm at float was going to the moon as it was tolce Royce was worth for more than a penny share nvidea tesla RR ARM I CASHED OUT AT 280% UP now buying my flat cash and what's left is still more than the 26k i paid for my car brand new last yr YES a free flat and a fre car because commonsense ARM was going to fly that was a given nonsuch thing as not being able to predict the future sickmof hearing that also made 60k clear profit on argenti a winning the trebble another freaking obvious future prediction peoplemcannot see the wood for the trees it's annoys the piss outa me people are stupid... I'm now out isa cash atb5.1 % flat car paid for and lots of emergency fund il await a big down turn then I'm back In ARM GOING TO THE MOON WAS PREDICTQBLE AS DAY FOLLOWING NIGHT... iv been doing this since 2005 wii and DS being the most profitable and fast selling consoles in history was also predictable as the world pointed its midwit finger at wii and giggled i turned 50k into 250k and cashed out i cashed back in in 2009 and tracked the tech all the way upto 2020 its not rocket science. Buy low sell high cash out turn cash to assets gold coins property etc repeat i big downward turn is coming get out wait for it get back in soooooo easy

[@richardmoody3295]

Hi Toby, what are your thoughts on the Amundi Prime Global ETF. Fees are 0.05 compared to my invesco ftse all world etf at 0.15?

[@TobyNewbatt]

Have a look it’s probably a synthetic ETF and not a physical one. Also it won’t be following an Index either - you have to pay to use the FTSE name. Those are where the price differences come in

[@richardmoody3295]

Thanks Toby appreciate the response

[@adrianl5899]

While I believe it's physical full, it's not a standard FTSE/MSCI tracker. Most importantly, it's Luxembourg domiciled so it can act less favourable in terms of tax treaties compared with an Irish domiciled one, for example. Hence, the explicit charge can seem lower but ultimately you may get worse results than an Irish domiciled one containing the exact same underlying make-up as Amundi.

[@GameOnUs419]

I confused about ISA. What happens after we reach 20000 in the tax year? Does it roll it to next year? So I can add £20K more? Or should I create another ISA for the new tax year?

[@TobyNewbatt]

Once you have added £20,000 of new money that is the most you can add. BUT that has nothing to do with what it can grow to. It can be millions if you invest it well. The £20k is just the maximum allowance of putting NEW money in I hope that make a sense.

[@Bosshog-WealthHealthBetterment]

It will be good when InvestEngine has their pension transfer service up and running. Currently not possible to transfer it across.

[@TobyNewbatt]

Yes sure this one will be coming as it’s good to have some more competition now

[@OffshoreNSTiger]

Hi Toby, hope you're keeping well? Did you come across HE1 (Helium) up 900% this month..Crazy!

[@scubasplash69]

Shame the SIPP isn't offering workplace contribution's at the moment, but they've said they are looking into it. Has anyone any experience in transferring an existing pension to IE?

[@adrianl5899]

Their website FAQs currently states transferring in will be available 'in the coming months', so no-one will have any experience until then.

[@massive_crypto7126]

In your Invest Engine you do active the auto invest or you keep it off … looking forward to hearing your feedback.

[@TobyNewbatt]

auto invest so when my direct debit goes in it goes straight into my portfolio :)

[@massive_crypto7126]

Great , thanks

[@hustlinhitch]

I'm 51 with a pension pot of £10k which is sitting in limbo with a pension company since I was made redundant in 2020. I wonder if it's worth moving that pot into a SIPP and, due to my age, concentrating on topping that up as I can access it at 55, which isn't far away now.

[@h418lfc]

Short answer is yes, as fees will still be taken from your account and its always important for you to have access to your hard earned money. As to what to invest in, that will depend on your personal risk tolerance and time horizon as to when you think you may wish to spend this money. Not financial advice.

[@adrianl5899]

It may or may not be worth it. We've no idea what you're invested in, what fees are applying or if you have benefits attached to the existing pension. If you plan to withdraw taxable money at 55 from a DC scheme and not using small pots rule (pot under £10k), you permanently lose being able to pay up to £60k into a pension per tax year as this triggers MPAA and you can only pay a max. £10k. So you have to have an understanding of the situation and future plan to make decisions.

[@hustlinhitch]

@@adrianl5899 I can take the whole £10k though without triggering MPAA, right?

[@adrianl5899]

​@@hustlinhitch"You can usually take any pension worth up to £10,000 in one go. This is called a ‘small pot’ lump sum. If you take this option, 25% is tax-free. You can usually get: - up to 3 small pot lump sums from different personal pensions - unlimited small pot lump sums from different workplace pensions" So long as you're working within those rules set out by the gov. then yes... but still check with the provider the pot can be taken using that rule (and if so, state you want to take it under that rule). If the value of the pot exceeds the small pots rule, there are still ways to take from it without triggering MPAA and these are outlined on sites like Moneyhelper ( search What is the Money Purchase Annual Allowance (MPAA)?).

[@ryanmilner7169]

Do you have another sipp with vanguard?

[@TobyNewbatt]

Yep that’s where my main one is 👍

[@ryanmilner7169]

@@TobyNewbatt whats the thinking behind having another one toby?

[@TobyNewbatt]

You can have as many as you want with SIPPs. I wanted to try the platform out and it's always nice to have a little bit of diversification too with the platforms :)@@ryanmilner7169

[@ryanmilner7169]

@@TobyNewbatt not sure thats a good idea having different sipps. Just eating away at the returns long term

[@TobyNewbatt]

@@ryanmilner7169 ??? I’m confused. You realise that £1m in a single account will compound the same as 10 accounts with £100k each?

[@marcolai9735]

What's that screen on the back wall if I may ask?

[@adrianl5899]

In the video description, Toby has a link to a WiFi clock/ticker so I believe it's that.

[@TobyNewbatt]

Adrian is always one step ahead 😎. Yep in my description as people ask me so many times about it 👍

[@The_Unintelligent_Speculator]

Good time to buy FTSE 100 though.

[@TobyNewbatt]

well it could be who knows....everything has a price and nobody knows what the future returns will be :)

[@Stg2077]

I think so too. Not sure if 100 or 250 is the better play but plan to DCA into one of them the next few months in hope of an upswing after the general election. tend to see up to around 10% gain in year following a general election

[@ogden99]

I’ve never watched a video of Toby’s where I’ve thought he’s wrong on anything. Keeps it simple and clear with no BS.

[@TobyNewbatt]

I make plenty of mistakes and have done but I try to keep it level at least!

[@disct1597]

Could you tell me if Invest Engine has lower fees compared to Vanguard? Also, I know Vanguard only offers ETFs, not individual stocks.

[@TobyNewbatt]

Yes it’s cheaper on IE as there are no platform fees for DIY side that I am using plus you can buy fractional ETFs 👍

[@disct1597]

@@TobyNewbatt thanks 😊

[@whatthedeuce3006]

hi

[@user-du3br9bj5x]

Can you make a video on how to claim back extra tax relief on SIPP?

[@adrianl5899]

Just as a 'did you know?' - apparently (Pensionbee source) over £1.3bn in higher/additional tax relief went unclaimed in the five years to 2021. 🥴

[@user-du3br9bj5x]

@@adrianl5899That’s massive. Clearly there is a lot of confusion on this.

[@gingafinga]

Send a handwritten letter to HMRC telling them what's been paid in and that you're claiming all tax relief due. Include NI number. They sent me an email with the calculations and a cheque in the post👌🏻

[@lawrencer8673]

High Volatility eats away at any profit on your funds. For example 1000 investment goes up 20% = 1200 ,& then goes down 20% = 960.

[@SkeletonDrums1]

Re. The UK markets, fingers crossed, will see renewed enthusiasm when we get past the general election. I think there is little interest in investing in the UK with such an incompetent government in place.

[@fleece3867]

Hi Toby , I predict you will get the tax relief on your pension contribution ,2mths to the day after you invested 🤫

[@TobyNewbatt]

Lets wait and see, that would be about normal I think and I'll share it all here so we can see what it's like

[@timlodge8267]

I think the S&P 500 could break 5000 however there is one thing that is at the back of my mind and that is the slow down in the EV market which could have an influence on the S&P.

[@TobyNewbatt]

Doesn’t bother me too much as EV sales make up a tiny part of the US economy. It might annoy Tesla investors though! 😎

[@jamespatch1691]

It's already above 5000!

[@aidenburgess1011]

More like the S&P 5000…… ………….. ..

[@TobyNewbatt]

I see what you did there 😎😉

[@kw8757]

Points make prizes...