Most Investors Miss This Simple ISA Rule

If you invest outside an isa, like many people have done, you may face a dividend tax or capital gains tax depending on your situation. So if you have your ISA allowance available for many people is the default starting point and is up to £20,000 per tax year. Now step three pick a simple fund and automate your contributions. I mean, don't over complicate it. You do not need 12 funds and a spreadsheet the size of a dissertation. Start with one broad, well diversified fund global. Automate the monthly contribution and focus on consistency. The real secret is not brilliant. He's staying invested long enough for compounding to do the heavy lifting.