SIPPs (Self Invested Personal Pensions) These are also retirement savings account. Most employers will not contribute to a SIPP and especially if they have a company pension available to employees. The SIPP is best placed for self-employed individuals or those on temporary contracts who have no recourse to a company-based pensions. That said, individuals withContinue reading “How I Invest in the Stock Market – Part 3”
Category Archives: Wealth Building
How I Invest in the Stock Market Series A – Part 2
ISA The ISA is post-tax savings account. This means contributions into the account are made by the individual through after-tax earnings. Any withdrawals from the account are made tax free. Current allowance for the 2019/2020 financial year is £20k p.a. the £20k p.a. is total sum over all ISA products including stocks and shares ISAs,Continue reading “How I Invest in the Stock Market Series A – Part 2”
How I Invest in the Stock Market Series A – Part 1
Employer/Workplace Pensions During my 13 year stay in the UK, all my employers have offered a work place pension of some sort. On my first job in the UK, I remember my friend asking me to contribute to a pension but my uneducated mind at the time, could not comprehend. As far as I wasContinue reading “How I Invest in the Stock Market Series A – Part 1”
How I Invest in the Stock Market Series A
Disclaimer: No information on this page can be taken as financial advice. This is what I have done based on personal research. Please undertake your personal research and seek financial advice if required to inform your decisions. All information here is my opinion hence do not expect me to repeat the phrase, ‘opinion and/or personal opinion’Continue reading “How I Invest in the Stock Market Series A”