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S&S ISA £50k

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Comments

  • jimjames
    jimjames Posts: 19,244 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    solidpro said:
    The obvious suggestion is £20k this year, £20k next year and £10k in 2024 into a VLS60 on the Vanguard platform you already access?
    Alternatively you could put £20k now into VLS100 so you get the equity portion working immediately. Add £20k in April to VLS40. With the £10k in savings still it will give the average close to 60% equities. You can then rebalance to VLS60 if required when you add the final £10k in 2024 or leave as is.
    Remember the saying: if it looks too good to be true it almost certainly is.
  • dunstonh
    dunstonh Posts: 121,185 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    solidpro said:
    The obvious suggestion is £20k this year, £20k next year and £10k in 2024 into a VLS60 on the Vanguard platform you already access?
    What not a GIA with annual bed & ISA?
    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.
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