ISA's Changes Are Coming (Rumoured) | ISA Explained

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  • Опубліковано 3 гру 2024

КОМЕНТАРІ • 8

  • @backwoodsbungalow9674
    @backwoodsbungalow9674 Рік тому +5

    7:40 Video topic starts ☮️

  • @lancegordon2829
    @lancegordon2829 Рік тому +4

    Hey, thanks for the video. Love how upbeat you always are. Just wanted to mention, you said you can only have 1 type of ISA open in your portfolio, but this is incorrect, you can have multiple accounts of the same type open, but you can only contribute to one of each type in any given tax year. I was just worried people might panic sell if they have prior year ISAS and think they are breaking the rules when they aren't. 😊

    • @FinancialMadness
      @FinancialMadness  Рік тому

      Hi thanks for the positive comment. And yes you are correct I was meant to say "active" account, but unfortunately that was an oversight on my part. Thank you for clarifying for everyone 😊

  • @GhanYt
    @GhanYt Рік тому +107

    Making money should be a routine A weak dollar can signal an economic downturn, making me to ponder on what are the best possible ways to hedge against inflation, and I've overheard people say inflation is a money-eater thus worried about my savings around $200k

    • @bahijarhafiri
      @bahijarhafiri Рік тому

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      @bahijarhafiri Рік тому

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      @bahijarhafiri Рік тому

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  • @metro1361
    @metro1361 Рік тому

    If an ETF within an ISA distributes dividends, does one get taxed if dividends are either withdrawn or reinvested back into an ISA?