ChatterBank12 mins ago
Self-select ISA's
1 Answers
I amthinking of getting a self-select ISA but need to know whether one can change the investment mix within the ISA or whether you are stuck with your selection for the year.
For instance, say I open a S-SI, purchasing �2k worth of BT shares and �2K worth of Barclays shares at the beginning of the tax year. Am I stuck with that selection for the year or can I sell the BT shares and purchase HBOS shares instead (all within the ISA).
Any help will be appreciated.
Answers
Best Answer
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For more on marking an answer as the "Best Answer", please visit our FAQ.I have my Self Select ISAs online in nominee accounts (ShareCrazy and iDealing) and there's nothing to stop you buying and selling as often as you want.
Admin charges vary (�60 p.a at SC) as do trading costs, under a tenner per trade for the two above (+ 0.5% stamp duty for all purchases).
Needless to say there are many other firms offering online share accounts.
Admin charges vary (�60 p.a at SC) as do trading costs, under a tenner per trade for the two above (+ 0.5% stamp duty for all purchases).
Needless to say there are many other firms offering online share accounts.