Change plans?
Hi
I have been investing in an s&s Isa for around 6 weeks. Prior to this I had been happy with my cash isa's and earning a couple of hundred per month in interest.
I then moved over about 60% of my cash isa as next year I will have to use a s&s isa anyway due to the rule changes.
Must admit I got a little caught up in the Micron hype. I didn't realise people offload on a Friday etc. After the first couple of weeks I done the same thinking I would buy again on the Monday and I didn't get the chance as it skyrocketed 😂. I did do ok on Micron earning around £2000 but it would have been 7 or 8 grand if I hadn't sold for profit on the Friday.
It's been quite a turnaround for someone who didn't want to risk my savings to having nearly all invested.
Anyway prior to Fridays dip (I put a lot of cash in on Thursday) I had done a portfolio transfer for the remainder of my cash isa (minus an emergency fund).
I had intended to put this into VWRP. I expect the transfer will complete tomorrow.
I'm wondering if given the on sale prices (assuming they still are well priced when funds recieved) if I should instead put it in companies such as Micron who's fundamental haven't changed.
My main holding is Nvidia but my average is high compared to the current price. I also have SoFi and $now. With Service now I am way over the current price. I do feel Nvidia and Sofi will recover.
I realise its a crystal ball question but what would you do? Lower my average on existing companies? Buy new holdings such as Micron and Marvel or stick it in VWRP.
I do not need the cash for at least 10 years. I am down the £2000 Micron profit and an unrealised result of £3000. I already have a small amount in VWRP, RR, a semi etf which are all doing ok.