Annual Portfolio Review 2018

Annual Portfolio Review 2018

2 Responses

  1. Avatar Martin T says:

    Hi Mike, happy new year.

    You mention the desire to reduce Counterparty risk by using other SIPP / ISA providers but in the past talked about consolidating to Fidelity / IWeb and Youinvest mainly because they had the lowest fees and it being too complicated with lots of providers. Has your view on having multiple providers changed or are the likes of X-O and Nest better value? I ask mainly because I have the above 3 and am about to load up my SIPP and ISAS before the end of the financial year.
    thanks,

    Martin

    • Mike Rawson Mike Rawson says:

      Hi Martin,

      Let’s hope 2019 is better than 2018.

      It’s horses for course, really. YouInvest and Fidelity are the cheapest passive (ie. inactive, no trading) accounts until / if Vanguard launch their SIPP. iWeb, X-O and IG are for the active part of the portfolio.

      My end goal is to have around 8 investment accounts – 2 ISAs and 2 SIPPs each for me and the other half. And no provider should have more than 10% of our money. Still some way to go on that, unfortunately.

      But to answer your question, I haven’t gone off Fidelity, YouInvest or iWeb. Fidelity and YouInvest are overweight and iWeb is up to a 7.6% allocation (and rising).

      I’m always looking for better options, so shout if you spot any.

      Mike

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Annual Portfolio Review 2018

by Mike Rawson time to read: 4 min
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