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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
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 14:49:10I used the company called AJ Bell.
2026-05-18 14:49:10 - 2026-05-18 14:49:14So how is it working?
2026-05-18 14:49:14 - 2026-05-18 14:49:16You buy the fund, you say I want to put like £2,000 in this fund.
2026-05-18 14:49:17 - 2026-05-18 14:49:22You 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 14:49:40you 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.
2026-05-18 14:49:40 - 2026-05-18 14:49:48And they give you, is it fixed or it's...
2026-05-18 14:49:48 - 2026-05-18 14:49:52No, it's not fixed, it depends on the performance, but there's a manager.
2026-05-18 14:49:52 - 2026-05-18 14:49:55But it's always...
2026-05-18 14:49:55 - 2026-05-18 14:49:55They 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
2026-05-18 14:49:55 - 2026-05-18 14:50:08save, so it's good to put something in there and it's more...
2026-05-18 14:50:08 - 2026-05-18 14:50:11It'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 14:50:14Yeah, you should know, should have knowledge.
2026-05-18 14:50:15 - 2026-05-18 14:50:16That's where you are using their knowledge, but if you bought the same share from AJ Bell...
2026-05-18 14:50:16 - 2026-05-18 14:50:22AJ Bell.
2026-05-18 14:50:22 - 2026-05-18 14:50:23Have you got stocks and shares ISA?
2026-05-18 14:50:24 - 2026-05-18 14:50:26No.
2026-05-18 14:50:27 - 2026-05-18 14:50:27That'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 14:50:36Is it two different things?
2026-05-18 14:50:36 - 2026-05-18 14:50:38Yes, different allowance.
2026-05-18 14:50:38 - 2026-05-18 14:50:39No, 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 14:50:45If 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
2026-05-18 14:50:45 - 2026-05-18 14:51:01time, they invest it, they look after it, you just check every month, it's gone up and down.
2026-05-18 14:51:01 - 2026-05-18 14:51:05But you can withdraw it any time?
2026-05-18 14:51:05 - 2026-05-18 14:51:06You 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 14:51:10It'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 14:51:23You all right? How you doing? You okay?
2026-05-18 14:51:23 - 2026-05-18 14:51:25Yeah, yeah, what you need? Chicken strips, you mean?
2026-05-18 14:51:26 - 2026-05-18 14:51:32The chunks, you mean the nuggets or the other one?
2026-05-18 14:51:33 - 2026-05-18 14:51:37Yeah.
2026-05-18 14:52:07 - 2026-05-18 14:52:07Yeah, yeah?
2026-05-18 14:52:11 - 2026-05-18 14:52:12Yeah, we did, yeah.
2026-05-18 14:52:12 - 2026-05-18 14:52:13All right.
2026-05-18 14:52:13 - 2026-05-18 14:52:13And the strips as well, yeah?
2026-05-18 14:52:13 - 2026-05-18 14:52:14Yeah, that's just one, yeah.
2026-05-18 14:52:14 - 2026-05-18 14:52:15Diarization Windows
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