Comments on: Exchange-traded funds (ETFs): a step-by-step guide http://www.moneymagpie.com/article/843/sfdsf/ ...for a richer life Sun, 21 Mar 2010 14:39:07 -0500 http://wordpress.org/?v=2.8.3 hourly 1 By: Paul Prowse http://www.moneymagpie.com/article/843/sfdsf/comment-page-1/#comment-14203 Paul Prowse Mon, 25 Jan 2010 15:42:13 +0000 http://moneymagpie-com.domain-ref.http.rubidium.lon.periodicnetwork.com/new/?p=843#comment-14203 Hi Chika, Not as such. You can't turn a non-ISA wrapped ETF into a wrapped ISA ETF. What you could do is: 1) Simply wait until the next tax year to invest in an ETF that is tax free through your ISA allowance 2) Invest in an ETF now (bear in mind it won't be protected from tax) then cash it in during the next tax year. You would then be able to take the proceeds of that ETF, and invest it in a new ETF (which, as it's a new tax year, could now be wrapped in an ISA). Whether this move is worth your while depends on how you think the markets will do, over the short term in particular. Hi Chika,

Not as such. You can’t turn a non-ISA wrapped ETF into a wrapped ISA ETF.

What you could do is:

1) Simply wait until the next tax year to invest in an ETF that is tax free through your ISA allowance

2) Invest in an ETF now (bear in mind it won’t be protected from tax) then cash it in during the next tax year.

You would then be able to take the proceeds of that ETF, and invest it in a new ETF (which, as it’s a new tax year, could now be wrapped in an ISA).

Whether this move is worth your while depends on how you think the markets will do, over the short term in particular.

]]> By: chika http://www.moneymagpie.com/article/843/sfdsf/comment-page-1/#comment-13804 chika Wed, 20 Jan 2010 21:18:30 +0000 http://moneymagpie-com.domain-ref.http.rubidium.lon.periodicnetwork.com/new/?p=843#comment-13804 Hi, is it possible to invest in ETF now, then wrap it in an ISA in the next tax year as i have already reached my ISA limit this year. Hi, is it possible to invest in ETF now, then wrap it in an ISA in the next tax year as i have already reached my ISA limit this year.

]]> By: Jasmine Birtles http://www.moneymagpie.com/article/843/sfdsf/comment-page-1/#comment-12822 Jasmine Birtles Tue, 05 Jan 2010 11:23:50 +0000 http://moneymagpie-com.domain-ref.http.rubidium.lon.periodicnetwork.com/new/?p=843#comment-12822 Sorry to take so long to reply - yes you can John. You can move your money from one Isa account to another. Just get the company you want to move to to contact the original company. It can take a while but it's up to the new company to do the moving for you. Sorry to take so long to reply – yes you can John. You can move your money from one Isa account to another. Just get the company you want to move to to contact the original company. It can take a while but it’s up to the new company to do the moving for you.

]]> By: John http://www.moneymagpie.com/article/843/sfdsf/comment-page-1/#comment-12052 John Sun, 20 Dec 2009 17:56:31 +0000 http://moneymagpie-com.domain-ref.http.rubidium.lon.periodicnetwork.com/new/?p=843#comment-12052 OK Guys, I am up for ETF, Q is how to transfer/get out of my existing ISA accounts if they wont trade ETFs i.e. can I (& how) transfer from one ISA account with a Company i.e. FundsNetwork to one that accepts ETF trades ? Thanks John OK Guys,
I am up for ETF, Q is how to transfer/get out of my existing ISA accounts if they wont trade ETFs i.e. can I (& how) transfer from one ISA account with a Company i.e. FundsNetwork to one that accepts ETF trades ?

Thanks

John

]]> By: James Cook http://www.moneymagpie.com/article/843/sfdsf/comment-page-1/#comment-10824 James Cook Wed, 18 Nov 2009 08:27:43 +0000 http://moneymagpie-com.domain-ref.http.rubidium.lon.periodicnetwork.com/new/?p=843#comment-10824 Rob, that has to be the dumbest question I have heard for quite a while! Any investment in shares carries the risk of losing money. If you don't understand that, keep your money in the bank. Rob, that has to be the dumbest question I have heard for quite a while! Any investment in shares carries the risk of losing money. If you don’t understand that, keep your money in the bank.

]]> By: Jasmine Birtles http://www.moneymagpie.com/article/843/sfdsf/comment-page-1/#comment-10567 Jasmine Birtles Wed, 11 Nov 2009 11:51:21 +0000 http://moneymagpie-com.domain-ref.http.rubidium.lon.periodicnetwork.com/new/?p=843#comment-10567 Well I tend to buy in a lump (like you, I try to get it wrapped in an ISA too). The reason is that every time you trade you have to pay so it's cheaper to invest in one go if that's possible. Good idea to go for an ETF. I'm going to put my ISA money in one this tax year too. Well I tend to buy in a lump (like you, I try to get it wrapped in an ISA too). The reason is that every time you trade you have to pay so it’s cheaper to invest in one go if that’s possible. Good idea to go for an ETF. I’m going to put my ISA money in one this tax year too.

]]> By: Tim http://www.moneymagpie.com/article/843/sfdsf/comment-page-1/#comment-10555 Tim Tue, 10 Nov 2009 20:47:04 +0000 http://moneymagpie-com.domain-ref.http.rubidium.lon.periodicnetwork.com/new/?p=843#comment-10555 Having read your book and now online pages, I've finanally decided to take the plunge and invest in a ETF. I'm going to wrap the investment in an ISA and want to know - is it best investing in larger one-off lump sums or can I invest it with smaller monthly payments? Having read your book and now online pages, I’ve finanally decided to take the plunge and invest in a ETF. I’m going to wrap the investment in an ISA and want to know – is it best investing in larger one-off lump sums or can I invest it with smaller monthly payments?

]]> By: Jasmine Birtles http://www.moneymagpie.com/article/843/sfdsf/comment-page-1/#comment-2195 Jasmine Birtles Fri, 24 Apr 2009 13:49:49 +0000 http://moneymagpie-com.domain-ref.http.rubidium.lon.periodicnetwork.com/new/?p=843#comment-2195 There is always a risk of losing money with shares-based investments. It depends what you are investing in and how that particular company or group of companies does. However, over the long-term, if you're willing to keep your money in the fund for at least 5 years, shares-based investments tend to give you a much better return than cash or bonds. Some years they will go up and some they will go down (even into negative territory) but generally they go gradually up. It's a good idea to spread your money across various different types of investments anyway, including shares, cash, bonds, property etc. Never put all your money in any one type of investment because you never know what can happen in the future. There is always a risk of losing money with shares-based investments. It depends what you are investing in and how that particular company or group of companies does. However, over the long-term, if you’re willing to keep your money in the fund for at least 5 years, shares-based investments tend to give you a much better return than cash or bonds. Some years they will go up and some they will go down (even into negative territory) but generally they go gradually up.

It’s a good idea to spread your money across various different types of investments anyway, including shares, cash, bonds, property etc. Never put all your money in any one type of investment because you never know what can happen in the future.

]]> By: rob http://www.moneymagpie.com/article/843/sfdsf/comment-page-1/#comment-2140 rob Thu, 23 Apr 2009 13:52:18 +0000 http://moneymagpie-com.domain-ref.http.rubidium.lon.periodicnetwork.com/new/?p=843#comment-2140 Hi, is there a risk of losing any money when investing in ETF's? Hi, is there a risk of losing any money when investing in ETF’s?

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