It just seems much cleaner and straightforward to have fees taken by direct debit in a transparent way thatās entirely separate from investment moneys.
Thatās my 2p, anyway.
It just seems much cleaner and straightforward to have fees taken by direct debit in a transparent way thatās entirely separate from investment moneys.
Thatās my 2p, anyway.
Random thought, how do dividends work in the ISA? If you invest £20,000 on the 5th April and throughout the year you get £500 dividends, does that push you over the limit?
You donāt need to worry, distributions received from stocks already held within the ISA wrapper do not count as additional subscriptions.
And I can only speak from experience with my own providers!
So with my providers, the ISA fee is taken from cash sitting in my ISA account.
Note that this cash could also be made up of dividend income I have received (and not withdrawn or reinvested) so the fees might not come out of my actual capital investment.
If your investments generate at least £36 in income, this would cover all the fees.
How many ISA account users do we think Freetrade should have by say 2020 ?
250,000 ?
If they can recruit so as not to diminish the fantastic customer care then I donāt see why not
When is a GA more efficient than an ISA
Should someone who is 20 and looking to invest long term only be looking at an ISA?
Happy to start a new topic if that is more appropriate
Hey, there are a few topics floating around that answer some of those questions. Do a search for ābasic account ISAā or āGIA ISAā and youāll find them.
One example is here: