- Reading time: 2 mins 47 secs
To fully understand a ‘Stocks and Shares Self Select ISA’, we should first talk about a ‘Stocks and Shares ISA’. This is a tax-efficient investment account that allows you to put your money into a range of investments. So instead of putting your money into a cash ISA and earning minimal interest, you could put your money into a wide variety of investments including individual shares, investment funds and investment trusts. You could also place them in Government or Corporate bonds.
Per ogni anno finanziario (dal 6 aprile 2021 al 5 aprile 2022), hai un'indennità di £ 20.000 sul conto esente dall'imposta sulle plusvalenze. Naturalmente, c’è un elemento di rischio con questo tipo di ISA poiché i tuoi investimenti possono andare su e giù. Detto questo, la volatilità non è motivo di preoccupazione, ma dovrebbe essere un aspetto positivo, poiché offre agli investitori opportunità incredibili.
Some banks do offer a ‘Stocks and Shares ISA’ where they invest your money for you. Unfortunately, using this strategy, account holders are lucky to see 3% a year. We want to be seeing much, much more of a return on our investments, even going as far to say 3% a month!
Con un ISA "Titoli e azioni autoselezionati" sei responsabile degli investimenti che intendi effettuare e della strategia che desideri utilizzare. Questi ISA sono di sola esecuzione, il che significa che sei responsabile degli investimenti che fai e di come vengono gestiti.
Make sure you do your own research and find the right strategy for you and your investments. It is imperative to always have a strategy with rules if you want to see profitable results. With the right strategies, by investing even a hundred pounds in an investment with upside potential you could see game-changing results.
Self-Select ISAs allow you to plan your portfolio and strategies better by consolidating your past ISAs in one place. Another plus of a Self-Select ISA is you are not restricted to UK investments. If the settlement is possible in the London Stock Exchange’s electronic settlement system ‘Crest’ then many providers will be able to facilitate this. If you want to enter foreign investments, ensure this is possible before taking out your ISA.
It is, of course, important to check all details on the provider’s website to see what services are available and the charges applicable to you before deciding. Charges that could be incurred are:
- Commissioni annuali – you will find that most providers will take a percentage charge subject to a minimum and maximum fee. The larger your portfolio with several ISAs can mean you are eligible for the cheapest deal with flat fees.
- Commissioni di negoziazione – Depending on whether the deal is conducted over the phone or internet dictates the ‘dealing charge’. Deals over the internet are normally the cheapest and you will be charged a flat fee. It is worth checking if the provider has any special deals for frequent traders to minimize these costs. The costs can range from £2.50 – £35.
- Costi di uscita – Make sure to check how much it would cost to transfer your investments to another provider. In the majority of cases, you are charged between £10-£15 per plus an extra fee per holding for closing the account which can be capped.
È importante essere consapevoli dei tipi di ISA a tua disposizione, in particolare di un ISA self-select, poiché ti dà la libertà di scegliere come gestire i tuoi investimenti. Ciò a sua volta ti consente di essere responsabile dei tuoi profitti e di aumentare il tuo ritorno sull'investimento rispetto al 3% annuo che otterresti se fosse gestito da una banca.
Come sempre, la cosa più importante prima di entrare in qualsiasi cosa a livello finanziario è RICERCA. Guarda tutti i fornitori disponibili per assicurarti che ti offrano i servizi giusti, più ricerche fai, meno ti costerà in futuro.
