Herdie23 Nov 2020 17:48
Just got in & catching up on today’s chat etc.
I note the sensible discussion around holding these in one’s ISA as the gains could be very large & therefore best to have these gains tax free ( if, like the billionaires, everyone realises that holding, not trading, is what will create the value).
There is a feature with most brokers whereby you can ‘bed & Isa’ a stock from ones trading account.
As long as you have the respective allowance ( eg: if you hold £10K’s worth of ARB in your trading account you can move it to your ISA if you still have £10K left of your annual allowance)
The broker arranges the transfer and usually at a very similar price so you don’t lose much, the spread can affect this, but generally its a small amount.