Happy sunday and lockdown people,
Seeing as a lot of people are sorting out their investments during this time i thought id do the same or at least start
Basically im self employed and have a few old ISAs but havent done anything during this tax year or hold any shares etc.. but now looking to recifity that
Looking at the following:
1) Cash ISA (is there currently any point in this with low rates)
2) Stocks and shares ISA with either someone like HL or vangaurd etc. But would it be best to go in a fund for this rather than individual shares for ease of use
3) Buying seperate stocks with someone like Halifax share dealing or Etoro or Trading 212 (or anyone else)
4) Pension or SIPP - simply because of the tax relief aspects and can invest a low amount like 1k for time being for my future
5) Any other investment portfolio
What would be best few things to do and where should i concentrate first as it is a bit of a minefield out there espcially for a first timer
thanks in advance
Seeing as a lot of people are sorting out their investments during this time i thought id do the same or at least start
Basically im self employed and have a few old ISAs but havent done anything during this tax year or hold any shares etc.. but now looking to recifity that
Looking at the following:
1) Cash ISA (is there currently any point in this with low rates)
2) Stocks and shares ISA with either someone like HL or vangaurd etc. But would it be best to go in a fund for this rather than individual shares for ease of use
3) Buying seperate stocks with someone like Halifax share dealing or Etoro or Trading 212 (or anyone else)
4) Pension or SIPP - simply because of the tax relief aspects and can invest a low amount like 1k for time being for my future
5) Any other investment portfolio
What would be best few things to do and where should i concentrate first as it is a bit of a minefield out there espcially for a first timer
thanks in advance