Morning GreggsStottie, yes as you say the cash limit is £85,000, but I look at it differently, the shares are in your name and are not cash per se, so I have gone way over in the past to £300,000.00 probably not good advice but brokers are not in my view in the same league as banks, I do have three share dealing accounts and one share ISA and all are currently over £85,000, your money, your choice.
Don't forget to remove your lower stop:-10 Jul 2020 08:18
Don't forget to remove your lower stop or sell at a price, it only shows your hand to the MM's and if they need to go fishing for more stock to fulfill big orders, you will see a big drop to trigger any such fishing, you heard it here first..
Bed & ISA is a way of transferring assets held outside of an ISA into an ISA so that future investment growth is sheltered from tax. The investments are sold, cash is transferred into the ISA and the investments are repurchased.
‘Bed and ISA can be useful if you want to take advantage of your annual ISA allowance but don’t have cash available to invest and do have investments held outside your ISA that you want to keep,’ explains Charlie Musson, spokesperson for AJ Bell Youinvest. You don’t have to carry out the sale and repurchase yourself. You simply fill in a form with your investment platform and they’ll do it for you.
You can also do this for SIPPs (self-invested personal pensions), where the technique is called Bed & SIPP.
Game 1 - Guess the date of the next major RNS:-10 Jul 2020 07:08
Today, we have NO planed entrants :-(
So, I put myself forward :-) ... you never know? ...
Since this was posted up I have been joined by:- Tiddlor - for today!
Trift8082 - for today! .... .... getting very confused NOW, Trift has in the past explained she is, in fact, a 'woman' fair enough. Today she signs off as Lionel, ...oo-er, are you doing a Tricky Dicky and using his wife's account?
Good luck everyone, large positions are now being taken...