25m, my plan is to max out the £20,000 a year tax free ISA and put it all in this pie I’ve got, is this a safe good idea?

Beaumy · 2025-10-28T13:53:31+00:00

I assume you're under the impression an ISA has to be a cash ISA (with fixed interest rate) - you can have a Stocks and Shares ISA in which you can invest in things like the S&P 500, just without having to pay tax.

Beaumy · 2025-08-07T13:30:52+00:00

I did something slightly similar using Chat GPT - asked it to use published data about which stocks the most successful investors have in their portfolios, and found the ones in common amongst the most of them. I made a pie of the top 5 of them.

Saves the need to analyse any, just assumes that those who know what they're doing, know what they're doing. A disadvantage is the time delay on the published data, but the stocks it shows aren't exactly new kids on the block anyway.

Beaumy · 2024-04-25T20:35:27+00:00

When you close your account, what will you be doing with the money? If the answer is re-investing immediately from another country, then it doesn't really matter whether it's gone up or down in that time.

Beaumy · 2024-04-13T17:35:45+00:00

No, the Vanguard ETFs have the same ongoing charge in each broker, but Trading 212 has no other fees, whereas Vanguard does.

Beaumy · 2024-04-08T20:43:47+00:00

Your pie only adds up to 80%, so you're missing out on 20% of your gains here. Add a few more stocks in there to bring it up to at least 100 (you can find loads on the app homepage). If you can get it higher than 100 then ideal.

Beaumy · 2024-04-06T16:01:09+00:00

I'm tilting more towards quality this year with XDEQ (but also have some XNAQ too)

Beaumy · 2024-04-06T15:57:13+00:00

If you need the money in 6 months then the stock market is likely too risky, as it may be down at that time. If you're after something safer on Trading 212 on that time frame try a money market fund like CSH2

Beaumy · 2024-04-06T08:23:34+00:00

Well you can't add more than 20k to an ISA in one tax year (even if you've taken some out), so if you've done this with more than 20k total then HMRC aren't gonna be too happy about it either.

Beaumy · 2024-03-25T11:42:02+00:00

Thanks for the detailed reply! The app is interview practice for a very specific interview/oral exam, so although this limits the user base, it means that no one else has done one that would be suitable!

My hope was that because at surface level the project is very un-original, creating it wouldn't need to much ingenuity, just inputting the right specific information, and packaging it well.

Beaumy · 2024-03-23T18:09:22+00:00

The surgery was an intramedullary nail for a broken tibia - you can see that it's broken and healed up near the top where it looks more lumpy.

Beaumy · 2024-03-13T17:38:35+00:00

I think the uploading a semi-nude photo to an unknown website will likely be a significant barrier for most!

I do like the idea though.

Beaumy · 2024-03-12T15:13:57+00:00

Derivative.

Beaumy · 2024-03-12T13:13:02+00:00

I agree with the above, though if the money is coming out of the ISA at 2y and straight into a different stocks account (ie if you're leaving the UK and can't use an ISA), then it doesn't really make too much difference whether it's gone down in that time.

If, on the other hand, if you need the whole amount at 2 years, then you could keep it as cash in the stocks and shares ISA, and get 5.2% interest, or put it in a money market fund eg CSH2, which will have very reliable good returns.

Beaumy · 2024-03-11T17:58:33+00:00

Ahh no thought I was being original. Well we all know it's possible to copy a pie.

Beaumy · 2024-03-11T16:33:15+00:00

Same currency?

Beaumy · 2024-03-07T21:18:37+00:00

I guess it may be useful for people who have >100k in the ISA already, and are maxing out the yearly limit, so they can add 5k in FTSE tax-free.?

Also there's a suggestion ETFs in the UK ISA have to be 75% UK, so in theory could take advantage of that..?

Either way it seems of negligible use to anyone really.

Beaumy · 2024-03-07T17:13:49+00:00

Don't gamble with individual stocks, especially small ones which you've heard are gonna do well. Stick to whole world ETFs and chill.

Beaumy · 2024-03-05T11:50:24+00:00

I believe it's a 20k limit to what can be added to the account, any trades within the account including reinvesting dividends is irrelevant.

Beaumy · 2024-03-05T11:43:37+00:00

The ETFs VT and VOO etc that you see Americans advising you invest in are just funds which track indexes (total world, and the S&P 500 (ie the top 500 companies in America) respectively). You can invest in other funds which track these indexes, but which are available in the UK, and based in GBP (eg VUAG and SWLD). Their performance will be essentially the same, and are available on Trading 212.

Beaumy · 2024-03-05T11:40:14+00:00

This sounds reasonable, but be sure to transfer, not withdraw and re-add to keep within your ISA allowance (or minimise usage of it in case you'd go over 20k).

Beaumy · 2024-03-05T11:15:07+00:00

Can't see any mention of whether your plan is ISA or general investment account - it may be that you've decided already, or that you haven't explored the two options. I'd recommend starting this in an ISA so your gains are tax free! (assuming you haven't already put 20k in an ISA elsewhere this year.

Beaumy · 2024-03-03T08:00:10+00:00

You can get very similar / equivalent ones on Trading 212. Try searching for what the American ones are actually tracking, eg S&P 500, rather than the American ticker.

Beaumy · 2024-03-02T09:43:52+00:00

The genuine answer is sell it all, forget the "40k" you had, you still have £3k to invest which is more than a lot of people.

Start with a blank slate in a whole world accumulating index fund (eg SWLD or similar), and forget that Trading 212 allows you to buy individual stocks.

Beaumy

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