Stocks & Shares ISAs
Is it worth investing small amounts of money
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Last update : November 2011
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No, not really, for these reasons -
- Everyone has a yearly Capital Gains tax (CGT) allowance of around £10,000 (at the time of writing)
- This means we can all earn profits on investments up to that level and pay no tax
- So by investing small amounts of money via a Stocks & Shares ISA the investments are unlikely to make more than the £10k CGT allowance
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| Stocks & Shares ISAs - They're best used as part of a long term investment plan |
| The better way to use a Stocks & Shares ISA is to plan long-term - look to build up the total value of investments over the years.
Some people are even using ISAs to help fund their retirement paying in as much as they can over many years.
See also
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FREE Stocks & Shares ISA Report
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Why you must think long term with ISAs
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Costs and charges - How to slash them
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The best broker to use - and why |
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How to build a Portfolio of different asset classes
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More details |
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Read more in the ISA section:
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