British ISA

Yes! :raised_hands:

Invest in Freetrade on Freetrade for free… otherwise it won’t make sense :man_shrugging:

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We all know FT will add an extra £3 a month if you want the British ISA :yum:

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I can’t see the BISA being that successful as this Guardian article refers to them as a gimmick.

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If I was FT it would be very low priority. Lord knows there are much more important things to action first (speed up dividend payments for instance).
The idea of platforms like Freetrade is that the little guy can finally buy and sell shares without facing punitive fees. For that reason I can’t imagine many FT users pay in their entire ISA allowance every year let alone would need an additional £5k allowance.
Shame, dropping the stamp duty on Uk shares would have been much more effective. I hope I’m wrong and it does increase the price of my shares but I’m not holding my breath.

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Although I haven’t got £20,000 cash to invest every year, I do have investments outside of my ISA which I will sell and put in.
All of next years £20,000 will come from sales. Making it £25,000 would be very useful to me.

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Making ISAs free of stamp duty would have been a great way reduce confusion (ISA is tax free account where you still pay stamp duty tax) as well as encourage more investment in British shares.

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Seriously? The guardian finds a fault with a Tory policy? Next you will be suggesting labour will be finding a fault with Tory policies!

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To buy Hargreaves Lansdowne!!

Reception so far has been muted.

I saw an article from The Telegraph with the title ”Great British Isa could leave investors £30,000 worse off”.


From British ISA Gets Mixed Reviews | Morningstar

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The conversation as to whether people max out their ISA is not particularly interesting (I do not currently and will likely not for the forseeable). And this is especially true where retail investors are concerned. This incentive will, however, get more investors thinking about businesses on the UK markets. QED this thread.

The first thing a investor will note is that AIM is mightly depressed and irrationally cheap. There is gold in those hills and sometimes literally.

Im sure it will help with some inflow but likely not in the way 2020 happened. I think the most important thing for UK markets, and inparticular AIM is inflation. Once 2% is hit and interest rates are reconsidered then investors will have better reason to seriously consider the UK. This is mainly because the UK (and AIM) is home to new business ideas and for the last two years anything that doesnt look like a safety net has been routinely disembowled. The survivors of this experience no doubt will begin to look actively interesting when the bank of England loosens their drivers glove grip on that 5.25.

The government is trying the sad old trick to get consensus by polarising the public opinion.
Is the £5000 UK ISA even a thing?
Is it worth more than 10 mins of your time?

This is like the blue passport: irrelevant, pointless, bringing no benefit and misleading.

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They also announced the “The Great British Bond” which will be a 3yr bond in the budget yesterday. I don’t get it but maybe I have to age a few decades first.

Maybe the popularity of Freetrade’s Treasury account nudged them. The Freetrade UK Treasury Bill has been in the Freetrade “week’s most popular buys” list quite regularly since release and even topped the list.

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All that shows is advertising works.

There has to be demand as well :slight_smile:

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Exactly my point. You are immediately polarising the conversation about investing, turning the narrative into a Tory v Labour matter. By the way, that was a proposal of the government.

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Agreed …created by…advertising.
Good knows how many emails etc i have had.

I see someone registered britishisa.co.uk a day before the budget. tut tut.

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Me too. Ive not made any profit in large terms on uk stocks. U.s market is on fire

I’ve done OK on UK stocks overall. Doubled my money on some of them, such as AstraZeneca. Decent gains and steady dividends on NG, SSE etc.

admittedly the last couple of years have been a bit sideways

I have US stocks as well which have been a bit better for capital growth recently, but I’m still not going to dismiss the UK completely

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