ISA for shares from a single company listed on the NASDAQ

wannadie

Hello,
I wish to invest a reasonable amount of money into shares of a single company listed on the NASDAQ. I believe using an ISA as a vehicle is best for me and helps simply tax etc. I am planning to invest for a reasonable period of time, say at least 5 years.
Can anyone recommend a good company for making this investment. My friend recommends HL but also says three fees are a little expensive.
Thanks,
Matthew

eskbanker

If you're evaluating on cost grounds, you can compare the charges from mainstream platforms via tools such as:

http://monevator.com/compare-the-brokers/

http://www.comparefundplatforms.com/

https://www.boringmoney.co.uk/calculator/

Having said that, it sounds like a bad idea - single-share investing is inherently highly risky and the fact that you have to ask for ideas about which broker to use doesn't bode well for your researching capabilities, which exacerbates that risk....

Edit: the above sites are perhaps too generic, as some brokers won't support NASDAQ, so a quick Google brings up the likes of https://www.finder.com/uk/how-to-invest-in-nasdaq

wannadie

Hello,
In short, I believe this company will thrive in the long term future so I just want to invest in this single stock.
I understand the risks and am only investing what I can afford to lose. I am wishing the ISA share limit for this financial year.
I do not own any other stock so just want advise on the most efficient way to invest.
I will have a look at the links but would also appreciate if someone could offer a few specific companies as comparison sites can be a little overwhelming with choice.
Thanks,
Matthew

masonic

If you want to have a gamble on an individual share, then perhaps go for Trading212. Their S&S ISA has no fees and there are no trading fees. If you happen to be unlucky and lose the lot, at least you can take solace in the fact it didn't cost you anything. You'll have to check your chosen share is actually available, since cheap providers like this only list those the more popular shares on each market.

wannadie

If you happen to be unlucky and lose the lot, at least you can take solace in the fact it didn't cost you anything.

Haha lol