firedog
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Post by firedog on Mar 24, 2024 19:46:01 GMT
Sunday evening pondering: I’m wondering if the approach of those who regularly put some of their ISA funds in IFISAs will change as a result of the new flexibilities that come into force on 6 April?
Last year my only IFISA investment was to Loanpad, but this year I’m looking at LandlordInvest, Proplend, Unbolted and maybe even Capitalstackers, options I wouldn’t have hitherto considered owing to the time it would have taken to be fully invested (and of course, that I’d only be able to invest in one of them.)
From next month, I could drip-feed into any as opportunities become available, not having to worry that investing in one would rule me out of others. Certainly seems to make them much much more attractive from an ISA perspective. Wondering what others think?
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Post by Ace on Mar 24, 2024 21:09:37 GMT
Yes, I'll be switching from Standard to IFISA on platforms where I have both accounts when Standard loans repay. And will probably add some new IFISA accounts where I don't already have them.
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Greenwood2
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Post by Greenwood2 on Mar 24, 2024 21:22:12 GMT
Also Elfin.
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firedog
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Post by firedog on Mar 24, 2024 21:26:03 GMT
Elfin's a good shout actually - hadn't thought of them.
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Greenwood2
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Post by Greenwood2 on Mar 24, 2024 21:29:31 GMT
Elfin's a good shout actually - hadn't thought of them. Downside not flexible, but I'm not bothered by that.
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firedog
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Post by firedog on Mar 25, 2024 9:13:19 GMT
I think flexible IFISAs are most valuable when you're investing where it might be difficult to remain fully invested because of limited re-investment opportunities (eg LLI, Proplend, CS). But with the likes of Elfin or Loanpad, you're expecting your money to be working all the time.
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