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Stocks and shares ISA?
I've been a regular cash ISA saver for years but I'm thinking of trying a stocks and shares ISA. Is there such a thing as a good time to open? I have an account at Trading 212 so may go with them.
wendComments
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Is there such a thing as a good time to open?
Any time in the past is a good time. The next best time is now.
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.7 -
Well there is an old saying "Sell in May and go away, come back on St Leger's Day". But if you google it you will probably find articles telling you it doesn't hold true.
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Depends on what you mean?
I can imagine Monday to be better than Friday, as it should be quicker if there was need for human contact.
Also a good time is when there's a welcome bonus offer etc.
Also depending on how much you're planning to add it may be better to open before 1st April so you can use the previous tax year?
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Now is good time you do some proper reading and studding how investment works.
Why would you want to put money in product you dont know anything about?0
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