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Isa 2020/21

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    Isa 2020/21

    Don't know about you guys, but I made shed loads on my S&S ISA last year (just over £50k). And the markets are still going up. At this rate I'll be able to retire and live off my ISA tax free returns

    Probably helped that I bought in low and ignored Scooty's advice to sell as the market was going to bomb to 4500 I wonder how many listened to him (not that anyone will admit it) and sold some funds only to have to buy in at a higher price?

    Roll on this new tax year and more growth ... what's not to like
    I am what I drink, and I'm a bitter man

    #2
    Well done that man.

    Good luck in coming year, retirement in luxury is closer than you think. Keep investing!
    First Law of Contracting: Only the strong survive

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      #3
      This time next year we’ll be ISA millionaires...

      Comment


        #4
        I did too although not by dint of actually doing anything, my portfolio just happened to be very solid I guess. I remember being worried at the start of all this and it had dropped a bit, but IIRC up about 30-35% on the year. Seeing it gain an extra digit was nice.
        Originally posted by MaryPoppins
        I'd still not breastfeed a nazi
        Originally posted by vetran
        Urine is quite nourishing

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          #5
          Originally posted by Whorty View Post
          And the markets are still going up. ...
          Roll on this new tax year and more growth ...
          No they're not. You can't conclude from the fact that you've had a period of price rises that prices will continue to rise. There's no correlation between the two.

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            #6
            Originally posted by GJABS View Post
            No they're not. You can't conclude from the fact that you've had a period of price rises that prices will continue to rise. There's no correlation between the two.
            Who's the mood-hoover? I had returns over 30% last year, I expect the same this year

            FTSE up another 0.8% today ... that's another £2k tax free growth

            To quote Yazz, the only way up, baby ....
            I am what I drink, and I'm a bitter man

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              #7
              Originally posted by d000hg View Post
              I did too although not by dint of actually doing anything, my portfolio just happened to be very solid I guess. I remember being worried at the start of all this and it had dropped a bit, but IIRC up about 30-35% on the year. Seeing it gain an extra digit was nice.
              Same here. All we did was transfer from cash to S&S ISA back in March last year and sat and watched the markets wobble before flying up.

              Clearly markets are not going to grow at same rate this tax year, but 5%+ would be welcome given how crap the bank rates are for cash

              Or we could all gamble on the market dropping back to 4500
              I am what I drink, and I'm a bitter man

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                #8
                Stock market only goes up, this is the new normal...

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                  #9
                  It's true that you'd need to have been a massive cretin to have been invested in S&S and not made a lot of money in last year.

                  Just need to bear in mind that this isn't "normal". It may seem that way if you've been invested in, say, the S&P500 over the last decade, but it really isn't.

                  Still, I think I've consistently made the most money during crashes - that's when to pile in. Worst case scenario is more like the FTSE 100 between 2017 and 2020, i.e., flatlining. Bring on the next crash... what's your prediction, scootie?

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                    #10
                    Originally posted by AtW View Post
                    This time next year we’ll be ISA millionaires...
                    Maybe the year after ... let's not be too silly
                    I am what I drink, and I'm a bitter man

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