Stockmarket growth +5% discussion

Former_MSE_Andrea

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deemy2004

An example of why national savings products tend to be poor relations to what you can get elsewhere.

Interest taxable in the year of maturity rather than capital gains or spread out over the term, is the biggest negative.

Reaper

I'd second the point about tax. For the vast majority of people their return will be taxed at 20% or more, compared to nothing for the schemes that come under capital gains.

Therefore I'd say the NS&I version is unsuitable for almost everybody.

Also I'm guessing (without looking into it) that even those that might be subject to capital gains can avoid it by putting a decent scheme inside a stocks-and-shares ISA?