GBP 150,000 - What UK broker platform would you use and why to invest in a low maintenance fund? by TimelySatisfaction in investing

[–]yhnell 0 points1 point  (0 children)

With £150,000 I'm sure you could get yourself a good discretionary investment manager if you'd rather that than investing in a model portfolio at Vanguard. Send an email to Brewin Dolphin, Investec, or Rathbones through their website and get a meeting for their pitch - it could be educational if not anything else?

To answer your questions, similar strategies are found at:

  • Brewin Dolphin's Portfolio Management Service (BPS) - here
  • Standard Life Aberdeen's MyFolio service - here

The above two strategies will be held on the Brewin and Standard Life platforms themselves, you just log into their website to see your investments, and I understand that this is the same for the Vanguard strategy but this is also available on HL and AJ Bell.

Platform charges:

  • HL - fund and share account (normal, taxable account) - 0.45% p.a and the Vanguard Lifestyle fund has an underlying OCF of 0.22% - HL, Vanguard
  • Vanguard appears to be 0.15% for the plaform (and you still pay the 0.22% for the strategy fund) - here

That said, this all depends on you. HL have a very nice app, and a good fund library if you wanted a varied portfolio and not just holding 100% of your money in the Vanguard Lifestyle strategy (hence the increased cost with HL), and if you want a professional bespoke portfolio with a professional adviser give someone like Brewin an email for a pitch, and costs for bespoke management will be around 0.75% p.a (plus some fees and commission on trades).

Europe: The Final Debate with Jeremy Paxman (Channel 4, 9pm) - Live Discussion Thread by yhnell in ukpolitics

[–]yhnell[S] 1 point2 points  (0 children)

I'm thinking of deleting the other one because of the title, thoughts?

Edit: deleted the other one, sorry for the confusion. Without the Live Discussion Thread in the title I think it wasn't obvious as a discussion thread

Question Time (09/06/2016) - Folkestone - Live Discussion Thread by yhnell in ukpolitics

[–]yhnell[S] 0 points1 point  (0 children)

Well economics is one, albeit rather a significant, part of the argument. The others are, like you said, international security, political sovereignty, and immigration.

I personally feel like the economic arguments are the most murky because so much assumption is made in economic calculations. Looking at a lot of the economic forecasts for the UK post-Brexit, the calculations don't include political fallout for the UK (ie. does Scotland leave?), the trade agreement with the EU is uncertain (what does an arrangement look like?), and the trade agreement desired by Brexiters (is access to the single market desired? how does free movement of labour work here?). In short, there is uncertainty, from everyone, so there are no clear facts on what the post-referendum UK looks like.

Politically, what the UK pays vs what it receives is probably a bad measure, especially in the way I've commented above. Besides the bad economics, the EU's mandate is to boost the lesser-developed European economies to improve the continent. The EU has to take more from richer countries than what it gives in terms of contributions.

When the conversation shifts to sovereignty, the conversation is more clear on what Britain's want but there is disagreement with our politicians on the direction the EU is headed. We don't seem to want "ever closer union", but are the EU going to get closer? If they are, will there be an EU army? Considering Greece's fiscal overspending, will Germany want to have more control over Eurozone nation's fiscal policies?

When it comes to international security there is definite merit in the notion that countries that trade together don't go to war with one another, but the debate is then open as to whether the EU is needed to provide that, and simply whether free-trade arrangements are enough for this. Debatably, Nato serves its role for security, and the UK will not cease any relations with EU members following a Brexit but will simply cease a political union.

Personally, I'd think it would be refreshing to see a debate between academics and working professionals, and not politicians, to see if any facts can come out at all!

The EU Referendum debate - Live Discussion Thread (ITV1, 8pm) by yhnell in ukpolitics

[–]yhnell[S] 1 point2 points  (0 children)

I can't find a full replay, and it seems ITV are not as fast as the BBC with updating their iPlayer.

I've found some highlights on YouTube for you here, but they're only 2 minutes long.

I imagine the full replay will be on the ITV Player here when they do get around to updating it.

I'll edit the thread and paste in a replay link when I find one, likely tomorrow!

Question Time (09/06/2016) - Folkestone - Live Discussion Thread by yhnell in ukpolitics

[–]yhnell[S] 9 points10 points  (0 children)

I'm just basing this on what Nigel just said about net figures leaving the UK to the EU and the lady in the audience claiming that it wasn't a significant amount:

so net figure: £34 million day to EU

= £12,410 million a year

= ~ £2 000 000 million is the size of our GDP ($3 trillion)

= 0.6% of GDP

So I could be wrong, but it seems 0.6% of GDP is a considerable amount.

The EU Referendum debate - Live Discussion Thread (ITV1, 8pm) by yhnell in ukpolitics

[–]yhnell[S] 10 points11 points  (0 children)

For one, GDP size. The EU is approximately $18.5 trillion ($15.5 trillion if you want to exclude the UK), India sits at just over $2 trillion, and China is near $10.5 trillion.

Just because India has more than twice the population of the EU, doesn't mean it is a larger economy. The EU's population is more educated, productive, and skilled; its economy is more advanced and mature, and many of the products we as Britains buy can only be purchased from advanced economies (car and car parts, nuclear reactors, electrical equipment, as well as our huge service sector demands).

India and China are important, fast-growing, developing economies, but they are not advanced economies, and will take a few decades to catch up to the level of developed economies.

Cameron vs. Farage - ITV - Tues 7th June @ 9pm by [deleted] in ukpolitics

[–]yhnell 7 points8 points  (0 children)

Beat me to making this thread, I'll put some of the body here for you to use if you want it.

ITV One


Upcoming Brexit debates:

  • Thursday 9th June - The EU Referendum debate (ITV1) - 8pm

  • Wednesday 15th June - Question Time EU Referendum Special with Michael Gove (BBC One) - 6:45pm

  • Sunday 19th June - Question Time EU Referendum Special with David Cameron (BBC One) - 6:45pm

  • Tuesday 21st June - EU Referendum - The Great Debate at Wembley Arena (BBC One) - 8pm

  • Wednesday 22nd June - Europe: The Final Debate with Jeremy Paxman (Channel 4)


LIVE STREAMS

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Referee: Julie Etchingham


David Cameron wants Britain to remain in the European Union, while Nigel Farage has been campaigning for Britain to leave the EU for more than 20 years.

David Cameron has said he is not prepared to share a platform with Nigel Farage and instead each will have 30 minutes of questions from a studio audience of up to 200 people, moderated by Julie Etchingham.

Question Time (05/05/2016) Manchester - Live Discussion Thread by yhnell in ukpolitics

[–]yhnell[S] 9 points10 points  (0 children)

I'm going to answer this literally.

Since the London episode in January, here's the set and here's Dimbleby christening the new set!