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Do I need an isa before investing?
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so on that basis would the vanguard s&s isa be a good choice?
With any S& S ISA , you will have to choose which fund(s) to invest in .
The ISA is just a tax wrapper ( this applies to a Vanguard ISA or any other ) You will have a choice of different finds with different risk levels within the ISA .0 -
The point I always make, with an ISA no need to keep records for tax purposes, makes life a lot simpler.londoninvestor wrote: »If you don't have a cash ISA, and you're planning to invest in stocks and shares, you might as well open an S&S ISA. There is usually no extra fee; your ISA allowance is use-it-or-lose-it; and it simplifies the records that you would need to keep for capital gains tax calculation if you held S&S outside an ISA.
(But as stated, stocks and shares are not a good idea for money you expect to need in a year or two.)0
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