How Changes to ISAs Could Help You Make Millions – Part 1 of 2
By Stephen Sutherland, author of Liquid Millionaire.Posted in the Category of ISAS, SIPPS, Investing, Stock Market, Investment Fund, Wealth Building on 30th September, 2009.
Tags: assets, isa, isa allowance, make millions.
How Changes to ISA Allowances Could Help You Make Millions
On October 6th, the annual ISA allowance will increase from £7,200 to £10,200 for investors aged 50 or over this tax year. From April 6th 2010, this new allowance is extended to anyone aged 18 or over.
Together with last year’s new rules, this rounds off the most significant changes to ISAs since their introduction ten years ago.
All the benefits remain; within an ISA you pay no capital gains tax and no further tax on all the growth made. The new rules simply mean ISAs become more flexible and allow you to shelter more of your assets from tax than ever before.
In today’s blog I want to explain to you why I welcome these changes and, more importantly, how they can benefit you.
What can you do now?
If you are over 50 this tax year and thinking about opening an ISA, now is the time to act.
The sooner you invest, the sooner your money starts working for you and the sooner you start saving tax.
This means you could invest £7200 now and a further £3000 from October 6th.
My brother Paul and I are co-owners of ISACO – a company that helps people retire rich in just 3 minutes per day.
By signing up for our “Retire Rich” package, we could help you revive a poorly performing ISA. We can also help poorly performing pensions too!
The Retire Rich package helps you to grow your ISA and pension money at a rate of about 17.5% per year. This growth rate is not guaranteed but it’s the type of growth we and our clients aim for over the long-term.
Nathan De Boer is a successful chiropractor and business owner living in Holland. Nathan is an ISACO premium client and has recently done something quite remarkable. Nathan has had seven years of 17.5% annual growth in less than one year! Here is what he recently had to say about our service:
“I made £92,653 (102,391 Euros) - a 205% profit in just 9 months! The investing system that you learn about in Stephen’s book is amazing. I was that impressed that I decided to come on board (becoming an ISACO premium client) so that I could follow directly in Stephen’s footsteps. Over the last 9 months, following Stephen’s lead, I’ve made a 205% profit.
I started by investing 25,000 euros (I live in Holland) on the 17th of December 2008. Because my initial investment was doing so well, I decided to invest a further 25,000 on the 23rd Feb. As of the 17th of September 2009, my profits on that 50,000 euros have been 102,391, which works out as a 205%, 9 month return.
This system works! Read Stephen’s book, apply what you learn and you’ll soon see that this system is not only simple to understand, but it’s also time friendly and extremely powerful.
What I love about ISA Trend Investing is that it helps to make money in the uptrends and then helps to protect your cash when the market is falling.”
Yes, in just nine months, Nathan’s account has ballooned 205%. Now that is not typical and his gains have been helped by a recent surge in the market. But what it does show is what’s possible and how this system could help to give your ISA portfolio a real boost.
Next time I will be telling you all about stocks and shares ISAs and how you can protect your ISA investments in the event of a market downturn so be sure you don’t miss it.
In the mean time, if you have any questions regarding the changes to ISA allowances and how they can help you to retire rich then please contact a member of my team for a chat. You have my word there will be no sales, no jargon, just the facts.
Your friend,
Stephen Sutherland
The UK’s Leading Authority in ISA Trend Investing and Author of Liquid Millionaire
Please Note: As always, let me remind you that I am not a financial adviser and therefore not authorised to give advice on what investments to buy or sell.
We endeavour to deliver quality information, ideas and personal opinions on stocks, funds and the general market. However, the information, ideas and personal opinions provided are intended to be a general guide to financial management only. Our products are intended to be a general guide to financial management. ISACO Limited and its employees are not agents, brokers, stockbrokers, broker dealers or registered financial advisors. ISACO Limited do not accept any responsibility for loss occasioned to any person acting or refraining from acting as a result of material contained in its products. ISACO Limited does not recommend particular stocks or investment funds or any other security or any other investment of any kind. If particular stocks or investment funds are mentioned, they are mentioned only for illustrative and educational purposes. Whilst ISACO Limited comments on the services and advice offered by other companies and individuals, none of the companies or individuals have authorised, sponsored, endorsed or approved this publication. ISACO Limited has not received any remuneration in return for including any company or product featured in our products. You should seek advice from a registered financial professional prior to implementing any investment program or financial plan. ISACO Limited, their agents and employees, do not guarantee any results or investment returns based on the information in this program. Past performance is no indication or guarantee of future results and the value of any investment you make can go down as well as up. The products present information and opinions believed to be reliable, but the accuracy cannot be guaranteed and ISACO Limited is not responsible for any errors or omissions. ISACO Limited accept no liability for such inaccurate or incomplete information.
