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Q&A » ISAs
I'm fortunate enough to have 3600 to invest in a stocks and shares ISA. I was going to go for a FTSE tracker type, because I don't want hassle of stockpicking. I can hold the stocks for at least 5 years I think, maybe 10, so is that long enough to not have to worry about current conditions? I've only got until April to decide.
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7how about a investment trust isa
F&C global smaller companies(fcs)
you can buy it low charges using halifax sharebuilder
http://www.halifax.co.uk/sharedealing/charges/share_dealing_charges.asp
do your own research
Posted on 15 January 2009 |
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0A stocks and shares ISA wont give you any real tax benefit since your investment is not likely to generate a capital gains tax bill by the time you decide to sell. The key is to pick a tracker with the lowest charges as this will improve your return significantly over 10 years especially if you pick accumulation units which reinvest the income for you.
Legal and general have low charges on their trackers which are worth checking out since ive just invested with them myself the last few months.
Posted on 17 January 2009 | Love 0 loves
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