How the UK’s Best Kept Financial Secret Can Help You Retire Rich
By Stephen Sutherland, author of Liquid Millionaire.Posted in the Category of ISAS, SIPPS, Investing, Stock Market, Financial Advice on 2nd March, 2009.
Tags: investment, isa, isa trend investing, sipp, tax-free.
Today I want to let you into a secret that could help you to achieve the ultimate goal of Financial Freedom.
I’m sure that British visitors to this site are familiar with ISAs and SIPPs, but did you know that they can help you to accrue tax free millions?
ISAs – The UK’s Best Kept Financial Secret
I firmly believe that ISAs are the UK’s best kept financial secret.
ISAs are incredible.
ISAs are fantastic.
Yes, they really are the UK’s best-kept secret and it is not common knowledge how they work or how powerful they are. Many people think that when they take out an ISA with a bank, their ISA has to remain with that same bank for life. A few people mistakenly think that they are locked in and can’t move it. Both these myths are utter nonsense.
What is an ISA?
An ISA is not an investment, but is the name of a wrapper (ISA stands for Individual Savings Account) that goes around an investment sheltering it from the Inland Revenue.
Think about a sweet in a wrapper. The investment is the sweet and the ISA is the wrapper.
With your ISAs, you have the power to control where your money is being parked or invested. And you can change your mind at any time.
The majority of people living in the UK simply do not know what an ISA is and how it can help them to retire rich because, as I said before, it isn’t common knowledge.
Were you aware that ISAs can help you accumulate a multi-million pound, tax-free portfolio?
Yes, it’s true, but the thing is, to win with ISAs you need to know how to create much better returns than you can get on the high street from banks and building societies.
To put it another way, you need to stay away from Cash ISAs and instead use Stocks and Shares ISAs to build your tax-free fortune.
As bestselling author Robert Allen once stated, “How many millionaires do you know who have become wealthy by investing in savings accounts? I rest my case.”
ISA Trend Investing
The type of investing that my clients and I use is unique. It’s called ISA Trend Investing and it is a great new way to help you reach financial security using ISAs, a SIPP or a combination of both. But please note that this type of investing should supplement other strategies to build your wealth (for example, investing in property, building a business and investing in yourself). It is very risky to rely on just one way to secure your future. ISA Trend Investing should therefore be viewed as just one of the essential parts of your overall wealth building strategy.
I will be talking a lot more about ISA Trend Investing in future blogs but in the mean time if you would like to find out more about how ISAs can help you achieve your financial goals please feel free to contact a member of my team for a chat. You have my word that there will be no selling, no jargon, just the facts. My colleagues and I feel so passionately about ISAs we firmly believe them to be a secret worth sharing.
Your friend,
Stephen Sutherland
The UK’s Leading Authority in ISA Trend Investing and Author of Liquid Millionaire
