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Trading 212 Help

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  • barnstar2077
    barnstar2077 Posts: 1,648 Forumite
    Eighth Anniversary 1,000 Posts Name Dropper Photogenic
    edited 30 January 2021 at 10:14AM
    A stocks and shares ISA is accessible without penalty but doesn't gain the initial 25% uplift that a LISA does.  I would recommend he decides what the proceeds would be used for before deciding on what to do.  If it is just for fun short term gain then it sounds a bit too much like gambling to me.  For a house, a LISA.  For longer term then an S&S ISA or a SIPP may best suit his needs.  Please think about buying globally diversified funds instead of individual shares though, they are much safer and spread the risk considerably.  I use Vanguards own platform and one of their lifestrategy funds personally. 
    Think first of your goal, then make it happen!
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