stolinskie Uncategorized

To invest 2023

So if Orsted is still a nono, where shall I put my money?

1 Obviously the IFISA is a good shout for 20k. Where shall I go this year? Options include:

A Energise Africa – the investments I saw the other day have of course gone but I think this group has lost its way a bit so I’m not fussed. What I mean is on my criteria helping shack dwellers use solar for lighting might well reduce fires, but (for example) helping a company run a solar powered JCB isn’t very interesting.

B Triodos – I just like Triodos more and more I have to say. But their crowdfunding ifisa wing doesn’t have a huge amount of interesting offers. And funding “Sarah Raven’s Kitchen and Garden Limited” didn’t really appeal. However, it does now have an EIS option which looks good.

C Ethex offers: Mustard Seed, Kent Community Energy, Yealm Community Energy, Shropshire and Telford Community Energy, Wight Community Energy, Bristol Energy Coop, LATCH – wow much choice, so please .. checking whether these are IFISA compatible

D Abundance have Lewisham council climate action investment and electic bikes, neither of which excite me if I’m honest. Funding electric bikes at 9% seems to good to be true.

2 I decided to put some money into Coventry building society – these rates of interest are enticing but I still want to feel ethical

3 Back to considering venture capital like Bethnal Green Ventures and Snowball. I don’t think i can do the latter since the person I spoke to (a public school toff who is failing upwards) knew less than me about their investments, and BGV fails to get me excited. Erthical venture capital perhaps remains too much of a contradication.

4 Does this then lead me to monzo pots? I need to check on their ethicality, even if I do like the idea of modding their appearance. UPDATE – they ain’t ethical.

5 How about a LISA!? A lifetime ISA … nope I’m too old lol

6 Energy4All have the North Lincolnshire Community Energy (NLCE) share offer

7 Shares….

8 Triodos EIS mentioned above

This concludes the 2023 roundup, any tips welcome!

filmuncher My investments

Looking around for new options …

And might as well sling ’em in here for now. So I have two things to research, I have some money to invest and some tax-free investments to reinvest

I of course want to max out my 20,000 allowance on an IFISA, the options I have are to use Abundance, Energise Africa or Triodos. Annoyingly you have to pick only one option for eveyr tax year, you can’t split the allowance. And right now options are limited, although there’ll be some more offers along soon… Normally they are around 5-7% which is not too shabby.

Otherwise I am searching for options, on platforms such as Ethex, Energy4All and Triodos (they have a sterling bond out later this month).

To check:

2

Tax-free investments:

“Ethical” keyword search gives the following hits on my investment platform (filtered for accumulation) … we’ll see just how ethical they are…

Aegon Ethical Cautious Managed (Class B) Accumulation – MEH

Aegon Ethical Equity (Class B) Accumulation – MEH

AXA IM Ethical Distribution (Class Z) Accumulation

Legal & General Ethical (Class I) Accumulation – MEH

Liontrust UK Ethical (Class 2) Accumulation

Premier Ethical (Class C) Accumulation NOPE, review here

Quilter Ethical (R Class) Accumulation – MEH

Rathbone Ethical Bond (Class I) Accumulation – NOPE, review here

Royal London Ethical Bond (Class M) Accumulation – NOPE,

Troy Trojan Ethical Income (Class X) Accumulation NOPE, review here
Unicorn UK Ethical Income Accumulation – NOPE, review here

Hmmm reviewing the shitness that is Premier, Rathbone and Unicorn makes me dispirited, but this article gives me hope and mentions Liontrust, Trojan and Royal London so I’ll carry on …

Trojan is awful!

Also need to revisit Jupiter Responsible, now done, still need to disinvest