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Confused About Investment Choices
Comments
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A further confusion I have is regarding which platforms to use. If I am reading the above comments correctly, I should invest in the Vanguard Lifestrategy Fund via Vanguard Investor, but the LISA with Vanguard (or A.N.Other) via AJ Bell YouInvest. Is that because Vanguard does not offer a LISA?0
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A further confusion I have is regarding which platforms to use. If I am reading the above comments correctly, I should invest in the Vanguard Lifestrategy Fund via Vanguard Investor, but the LISA with Vanguard (or A.N.Other) via AJ Bell YouInvest. Is that because Vanguard does not offer a LISA?
That's correct, Vanguard do not offer a LISA.0 -
Is a LISA wrapper worth investing in via a S&S ISA.
25% bonus just seems to good to be true or am I missing something.
I'm 35 so would be looking saving for retirement.0 -
The 25% bonus is generally worth having, for anyone who's prepared to tie the money up long-term (no penalty-free withdrawal until 60 unless buying first property) and accept the small annual contribution limit of £4K (versus £20K for all other non-HTB ISAs).henryandmay wrote: »Is a LISA wrapper worth investing in via a S&S ISA.
25% bonus just seems to good to be true or am I missing something.
I'm 35 so would be looking saving for retirement.
LISA is technically a different type of ISA from a S&S ISA but comes in both cash and S&S forms (i.e. there's a difference between a S&S ISA and a S&S LISA), but S&S is undoubtedly better than cash for long-term holders.0 -
The 25% bonus is generally worth having, for anyone who's prepared to tie the money up long-term (no penalty-free withdrawal until 60 unless buying first property) and accept the small annual contribution limit of £4K (versus £20K for all other non-HTB ISAs).
LISA is technically a different type of ISA from a S&S ISA but comes in both cash and S&S forms (i.e. there's a difference between a S&S ISA and a S&S LISA), but S&S is undoubtedly better than cash for long-term holders.
Thanks Eskbanker.
Can you hold a S&S LISA and a regular S&S isa at same time?0 -
Yes, the rule is that it's only allowed to pay new money into one ISA of each type in any given tax year, so because S&S ISA and LISA are different types, it's permitted to pay into both.henryandmay wrote: »Thanks Eskbanker.
Can you hold a S&S LISA and a regular S&S isa at same time?0
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