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Transcript #4085

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Status: completed · Language: en · Source: Office Audio · Captured: 2026-05-18 14:48:58 · Some energy, like BP and stuff like that, but mostly it was in the funds, exchange-traded funds, which is managed. I use

Behnam

Some energy, like BP and stuff like that, but mostly it was in the funds, exchange-traded funds, which is managed.

2026-05-18 14:48:58 - 2026-05-18 14:49:10
Behnam

I used the company called AJ Bell.

2026-05-18 14:49:10 - 2026-05-18 14:49:14
Behnam

So how is it working?

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Behnam

You buy the fund, you say I want to put like £2,000 in this fund.

2026-05-18 14:49:17 - 2026-05-18 14:49:22
Behnam

You buy that, instead of buying a share, you buy a share of the fund, and they have a manager, their job is looking after, and they're choosing where to put the money, and they spread it, and you can choose the fund based on more risky, less risky, long-term goals, dividend, annually, how

2026-05-18 14:49:22 - 2026-05-18 14:49:40
Behnam

you want it, and you don't think too much about the actual investments, they spread it, oh, there's many, many funds out there, like technology-based ones.

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Behnam

And they give you, is it fixed or it's...

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Behnam

No, it's not fixed, it depends on the performance, but there's a manager.

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Behnam

But it's always...

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Behnam

They get 1% fee or whatever, but you don't see it, it's just like, I give you £2,000 and every year you say, it's now worth £2,400, it's now worth £2,800, I can't make dividends, I reinvest it, so you know you've got to

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Damoon

save, so it's good to put something in there and it's more...

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Behnam

It's the easy way to do it, you don't need to think too much or take too much risk.

2026-05-18 14:50:11 - 2026-05-18 14:50:14
Behnam

Yeah, you should know, should have knowledge.

2026-05-18 14:50:15 - 2026-05-18 14:50:16
Behnam

That's where you are using their knowledge, but if you bought the same share from AJ Bell...

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Behnam

AJ Bell.

2026-05-18 14:50:22 - 2026-05-18 14:50:23
Behnam

Have you got stocks and shares ISA?

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Behnam

No.

2026-05-18 14:50:27 - 2026-05-18 14:50:27
Behnam

That's a tax-free thing, if you've got, you know, a cash ISA, you can also have an ISA for shares, so you can have more allowance, because you can max out...

2026-05-18 14:50:28 - 2026-05-18 14:50:36
Damoon

Is it two different things?

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Behnam

Yes, different allowance.

2026-05-18 14:50:38 - 2026-05-18 14:50:39
Damoon

No, I don't have even cash ISA, I should, because that's the thing, I'm waiting to do something with that, but...

2026-05-18 14:50:39 - 2026-05-18 14:50:45
Behnam

If you're going to take it out, then no, but if you're going to live with something for the long-term future, even a bit, but put a bit every month or every year, put it in stocks and shares, just put it into a fund, there are funds designed for, like, retirement age for 30 years

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Behnam

time, they invest it, they look after it, you just check every month, it's gone up and down.

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Damoon

But you can withdraw it any time?

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Behnam

You can, but, you know, it's like I say, if you take it out, you can't put it back in.

2026-05-18 14:51:07 - 2026-05-18 14:51:10
Behnam

It's tax-free, but you can only put, it was 20,000 a year, so each person in the family can put 20,000 a year in, if you've got 100,000 in, anything, interest...

2026-05-18 14:51:11 - 2026-05-18 14:51:23
Damoon

You all right? How you doing? You okay?

2026-05-18 14:51:23 - 2026-05-18 14:51:25
Behnam

Yeah, yeah, what you need? Chicken strips, you mean?

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Damoon

The chunks, you mean the nuggets or the other one?

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Behnam

Yeah.

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Damoon

Yeah, yeah?

2026-05-18 14:52:11 - 2026-05-18 14:52:12
Damoon

Yeah, we did, yeah.

2026-05-18 14:52:12 - 2026-05-18 14:52:13
Damoon

All right.

2026-05-18 14:52:13 - 2026-05-18 14:52:13
Damoon

And the strips as well, yeah?

2026-05-18 14:52:13 - 2026-05-18 14:52:14
Damoon

Yeah, that's just one, yeah.

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Diarization Windows

Behnam

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Segment 1
Behnam

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Segment 2
Behnam

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Segment 3
Behnam

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Segment 4
Behnam

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Segment 5
Behnam

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Segment 6
Behnam

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Segment 7
Behnam

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Segment 8
Behnam

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Segment 9
Behnam

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Segment 10
Behnam

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Segment 11
Damoon

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Segment 12
Behnam

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Segment 13
Behnam

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Segment 14
Damoon

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Segment 15
Behnam

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Segment 16
Damoon

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Segment 17
Behnam

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Segment 18
Behnam

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Segment 19
Behnam

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Segment 20
Behnam

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Segment 21
Damoon

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Segment 22
Damoon

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Segment 23
Behnam

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Segment 24
Behnam

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Segment 25
Damoon

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Segment 26
Behnam

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Segment 27
Behnam

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Segment 28
Behnam

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Segment 29
Damoon

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Segment 30
Damoon

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Segment 31
Behnam

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Segment 32
Behnam

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Segment 33
Behnam

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Segment 34
Damoon

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Segment 35
Behnam

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Segment 36
Damoon

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Segment 37
Damoon

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Segment 38
Damoon

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Segment 39
Damoon

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Segment 40
Damoon

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Segment 41
Damoon

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Segment 42
Damoon

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Segment 43
Behnam

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Segment 44
Behnam

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Segment 45
Damoon

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Segment 46
Behnam

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Segment 47
Damoon

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Segment 48
Damoon

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Segment 49
Damoon

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Segment 50