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Too late to invest?
userdefinable
Posts: 302 Forumite
I have a Vanguard Lifestrategy investment ISA.
I've just realised the date. Is it too late now to invest (being that the trading point will be tomorrow).
i.e. if I commit the money today will it use this years allowance even if the trade goes through tomorrow, or have I missed it now?
I've just realised the date. Is it too late now to invest (being that the trading point will be tomorrow).
i.e. if I commit the money today will it use this years allowance even if the trade goes through tomorrow, or have I missed it now?
0
Comments
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You just need the money to be credited to your ISA today in order to use your 2019/20 allowance. This might be possible.
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If your ISA is with Vanguard they have a countdown saying you have hours left to add the money. It's the contribution into the cash balance that counts and you can invest whenever.0
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Most of the major platforms are open today and taking contributions for the 19/20 ISA. The day the actual investments are purchased does not matter. It is the day the platform/provider has your money that matters.I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.0
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