Stocks and Shares ISA MILLIONAIRE IN 7 YEARS! Can It Continue?

Here I give a beginner's guide to the Stocks and Shares ISA and the Investment Trust currently on course to reach £1m+ value in 7 years!

SO, WHAT IS A STOCKS & SHARES ISA?

A Stocks and Shares ISA, also called an Investment ISA, is a tax free investment vehicle for UK residents.

This Stocks and Shares ISA for beginners guide breaks down the investment limits, rules and other types of ISA available, such as the Cash and Innovative Finance ISAs.

As a beginner investor, an Investment ISA is one of the first tools in your tax planning tool kit and should invariably be used if you are making stock market investments as a UK resident.

SCOTTISH MORTGAGE INVESTMENT TRUST:

This investment trust is part of the Baillie Gifford group.

An investment trust is a type of closed ended, pooled investment fund. This video contains a full description of this type of investment strategy.

Scottish Mortgage has produced exceptional results in recent times, producing an average growth of 40% a year in the last five years. Remember though, past performance is not a guide to future performance!

At this rate of return, investors who have paid £20,000 a year into the trust would be on target to achieve £1,000,000 in 7 years and 9 months.

This, however, is certainly NOT the expected normal return and is NOT guaranteed. Any capital invested would always be at risk of loss.

Compared to the Vanguard UK LifeStrategy 100% Equity Fund; a popular Vanguard Stocks & Shares ISA fund, Scottish Mortgage has significantly outperformed.

This Vanguard fund is often used as a benchmark due to its strong performance and wide diversification.

The video discusses the major differences in risk between the two investment strategies.

So, if you are wondering 'HOW DOES A STOCKS & SHARES ISA WORK? OR 'WHAT RETURNS CAN BE MADE FROM STOCKS & SHARES ISAS?', this video will help.

DISCLAIMER:

The content in this video is provided for information and entertainment purposes. It should not be construed as direct or indirect financial advice. You must throughly research any potential financial or investment decision and fully understand the risks before taking it. If in doubt, you should seek individual advice from a professional adviser.

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TIMESTAMPS:

0:00 Start
1:03 What Is An ISA?
1:57 What Are The Different Types Of ISA?
3:00 What Are The ISA Rules?
3:46 How Does A Stocks & Shares ISA Work?
4:12 The Scottish Mortgage Investment Trust ISA
6:09 How Does Scottish Mortgage Investment Trust Work?
7:57 Comparison With Vanguard LifeStrategy 100% Equity
10:28 Can Scottish Mortgage Continue Its Returns?
11:24 Benefit Of The ISA Wrapper

Видео Stocks and Shares ISA MILLIONAIRE IN 7 YEARS! Can It Continue? канала Chris Bourne - Tax Free Investing Expert