Best Stocks & Shares ISA 2024 - Make The Smart Choice!

In this video, I share what I think are the best Stocks & Shares ISA accounts in the UK. There are a lot of options to choose from, but I go through the best options whether you want to invest in index funds or pick stocks yourself.
These are the brokers I cover in the video:
1. INTERACTIVE BROKERS
bit.ly/ibkr-sasha
This is an affiliate link.
2. INVEST ENGINE - WELCOME BONUS UP TO £50
bit.ly/invest-engine
Get a Welcome Bonus of up to £50 when you invest at least £100 with InvestEngine (T&Cs apply). This is an affiliate link.
3. TRADING 212 - FREE STOCK WORTH UP TO £100
www.trading212.com/promocodes...
You need to open an account and make a deposit. This is an affiliate link.
4. VANGUARD
www.vanguardinvestor.co.uk/
This is not an affiliate link.
☕️ JOIN MY PATREON - DISCORD, BONUS VIDEOS, TARGET PRICES, MODELS & MORE
/ sashayanshin
Timestamps
00:00 - Best Stocks & Shares ISA
00:18 - Why You Need An ISA
01:16 - Choosing The Best ISA
02:18 - Most ISAs Are Rubbish
03:34 - Best Available ISAs
03:56 - Best ISA for Index Funds
04:41 - ISA Provider Reputation
05:24 - Best ISA For Stocks
06:11 - Interactive Brokers
07:07 - Trading 212
08:46 - Pros and Cons
10:28 - Most Important Thing
DISCLAIMER: Your capital is at risk.
DISCLAIMER: Some of these links may be affiliate links. If you purchase a product or service using one of these links, I will receive a small commission from the seller. There will be no additional charge for you.
DISCLAIMER: InvestEngine (UK) Limited is Authorised and Regulated by the Financial Conduct Authority (FRN: 801128).
DISCLAIMER: Trading 212 provides execution-only service. This video should not be construed as investment advice. Investments can fall and rise.
DISCLAIMER: I am not a financial advisor and this is not a financial advice channel. All information is provided strictly for educational purposes. It does not take into account anybody's specific circumstances or situation. If you are making investment or other financial management decisions and require advice, please consult a suitably qualified licensed professional.

[@LB-W]

Good man for being upfront with your associations 👌 you have developed your channel considerably. It’s wonderful to watch how it has grown.

[@bartoszbrown1322]

Thank you! I am at the start of the journey and this is 100% what I needed.

[@jamesmarchant5837]

I use plum for most of my investing. Including s&s isa. Interest accounts and bonds account

[@mattdevenish83]

I was going to ask for this video! I never saw it coming 👍🏼👍🏼👍🏼

[@SashaYanshin]

Hope you find it useful!

[@mitreamarian9815]

@SashaYanshin Another very well explanatory piece of information, well done kind sir! Q: Can you transfer your existing shares from IB into IB S&S ISA without selling them?

[@abdulhamid9605]

Great video, thank you Sasha! Just wanted to ask, what are your thoughts on Stocks and Shares LISAs? Specifically with regards to any advice which provider to go to or how to decide? and Using S&S LISA vs Cash LISA? Thanks :)

[@ObediahWashe]

Just to add. From April 2024 I believe there might be a change where you are allowed to pay into more than 1 stocks & shares ISA in a tax year.

[@SashaYanshin]

Let's hope!

[@beancount811]

Yes, let's hope this sticks. This is the most obvious ISA change that's been long overdue. If implemented, it'll really start driving competition up, and fees down.

[@scottysrunningworld]

This is correct

[@shadowthi3f421]

Yes indeed, looking forward to this.

[@gavjlewis]

Hopefully there will be some good offers come April like extra cash or free shares so can use an ISA for fun money.

[@julianweekes]

Good one Sasha.... love your approach. Keep 'em coming. Cheers :)

[@SashaYanshin]

👍

[@user-zf3it3vw2e]

was very helpful Thank you

[@AgrimGanti]

Thank you! Super informative! :)

[@SashaYanshin]

🙏

[@rutabah9470]

Great video! Thanks you. If we open stock ISA with suppose interactive investor with 20, 000 this financial year can we invest another 20,000 next year which will be tax free? Or do we have to open a new account?

[@davegg1381]

Great video, thank you! I'm curious, if I were to relocate indefinitely to another country, would I still be able to keep my ISA account open and allow my investments to grow tax-free? Perhaps not making further deposits, but simply leaving the funds already invested to be withdrawn at a later time.

[@keval.p]

thanks Sasha 🙏extremely helpful

[@SashaYanshin]

👍

[@thaib7226]

Hey thanks for the vid, I just used your sign up link for 212. Is there a minimum to deposit to qualify for the free share? And also is it a case of the more someone deposits the better / higher the free share value would be?

[@travelandrew]

Been waiting for this. Thank you 🙏

[@SashaYanshin]

Hope it helps!

[@SchubertDipDab]

Great timing and thanks for this video as I'm just starting to move my (underwhelming and actively managed - doh) investments over to join my existing Vanguard funds. I am not clever, and I am not going to beat everyone else with some complex strategy that's been pulled out of my arse (or anyone else's for that matter!) - That's what I learned from this channel! :)

[@SashaYanshin]

Glad that you’re finding the channel helpful! Thanks for the support and good lick with the transfer. I have a funny feeling you will be breathing a sigh of relief when it’s done. 👍

[@88doonyboy88]

This is brilliant info. Thank you

[@SashaYanshin]

There you go!

[@HiImStefan5]

Great video Sasha, all the best man!

[@SashaYanshin]

Thank you!!

[@PaulB__]

Excellent points Sasha. Now that the Q4 results of Tesla is out, we are eager to hear your thoughts on the data.

[@master0fnone]

Perfect timing! Been looking for a specifc ISA and which provider to use! Thank you :)

[@SashaYanshin]

Well there you go!

[@adampeter2528]

Thank you Sasha! Very informative! Very happy to use your link as well as I like very much your transparency comparing with some other guys out there, so very glad came across this channel. Ps. Q: Can I open new ISA acc for New year with new provider or do I have to move money from existing provider to New? Thanks a lot!

[@SashaYanshin]

Thanks for watching an the kind words! You can open a new ISA from 6 April (new financial year) and you can choose what to do with your old one. You are allowed to keep it and buy/sell/reinvest the money already in there. But if you open a new one and start paying into that, you just can't add any more money to the old one. You can also choose to move it across if you wish - that's really up to you!

[@squeaky_honda]

Note that you can also transfer ISAs to other companies. So, if you make a mistake, you are not stuck forever with an expensive company. Usually the transfer requires that you've sold the shares already. Some companies also allow you to borrow from your £20k temporarily as if it's a cash savings-account, and you can return that money before the end of the financial year.

[@joannalis-kumar4627]

So if someone makes a mistake like this, should they make a transfer or they can sell the shares and can withdraw money to their bank account and then deposit into the desired one? Is there any penalty for not doing it the right way, and what even is the right way?

[@squeaky_honda]

@@joannalis-kumar4627 Sell all the shares inside the old ISA, you'll now have £20k cash in the old ISA. Then start the process of transferring that ISA to another company. Absolutely do not withdraw from the old ISA, it will complicate things. If the old ISA was created in this financial-year, it might be fine. But if the ISA was created a long time ago, you now have a dud with a new max-£1 ISA instead of a max-£20k ISA.

[@dar4171]

Great video Sasha. Thanks!

[@SashaYanshin]

Thanks for watching!

[@aleksal9132]

Hi Sasha, that's been very helpful. Thank you. I have a question about transfers. Last year I opened shares ISA with IBKR. This year I'll put my whole allowance into T212. I have old cash ISAs from different providers which I want to transfer to last year's IBKR ISA. Is this acceptable?

[@James-er4si]

Hi Sasha, great video as always. If you transfer to a different ISA provider mid way through the year, can you still only pay into the 1 (original) ISA? Cheers!

[@SashaYanshin]

Good question! You can transfer mid year but the rules are you have to transfer everything you invested in that year across. With stocks it can be complex if you have prior years and you don’t want to transfer those. Many brokers will ask if you already paid into the same type of ISA when you sign up and not let you open an account if you did - presumably don’t want to deal with the process.

[@GerardVanPatten]

Hi Sasha - new subscriber (and total newb) here, wondered - is it too late or or even too early (March 2024) to open a Stocks and Shares ISA with the tax year starting next month? Wondered what your thoughts were

[@tapakali]

Thanks for the video. If we use an ISA account, do we need to send any info or reports (monthly/yearly) to HMRC or other government institutions?

[@SashaYanshin]

No, you do not.

[@dannycurtin6654]

Another good video from Sasha, would you do a similar video for a SIPP😊

[@SashaYanshin]

Unfortunately there really aren't any good options available for SIPP which is incredibly frustrating. I'm hoping this changes in the next year.

[@stevo728822]

There's more to it than just these fees. There's also the bid offer spread you are offered when purchasing and selling. One platform may be free to trade whilst another may incur a charge, but that doesn't mean the price you pay for the ETF or stock is the same on both platforms. It's possible that free trading costs may be recouped by a larger bid offer spread on the platform. Traditionally, the bigger the broker, the narrower the bid offer spread.

[@ironsoul2633]

Exactly. Well said

[@jam99]

There is also the question of how competent the platform is and how easy is it to talk to someone to get it sorted? IB would be bottom of the list there. Besides, Sasha hasn't looked at fees fully e.g. regular investing and capped custody charge.

[@thegoolian1010]

@@jam99Out of Trading 212 and Vanguard which one of these platforms has the cheaper regular investments charges? Say for example £200/month put into stocks and shares isa and invested into 1-2 index funds. And is there a simple way of explaining how to work this out please, just trying to wrap my head around it all before I make the choice. Thanks!

[@fredatlas4396]

How would bigger bid, offer spreads benefit the platforn. You can purchase Vanguard etfs on their own platform without dealing costs, just not in real time. The same applies to investengine, no dealing costs but you can't buy in real time, but deals go thru just like when buying, selling normal funds.

[@AA-ok8eu]

I’m completely new to this so forgive me for the daft question but what is the best stocks and shares isa for dividends ?

[@tl5769]

Hi, great videos!! Can I check if we click on the link for the trading 212, you will be eligible for up to £100 for a share and the 1% cashback before the end of the 2023/24 tax year?

[@foxxfoxx1000]

Hi Sasha, Say I want to trade options in IBKR but ISA doesn't offer options, only SIPP which a regular individual can't open without going through a main administrator SIPP account. Is there any way to be able to trade options and benefit from tax-free like ISA? is there a age limit that you can withdraw from ISA? Thanks.

[@asafnb]

Thanks Sasha great content as always! can I transfer my ISA in Freetrade to Interactive? just will be easier for me to manage everything in one place.

[@SashaYanshin]

You can, but you don't have to. You can keep the old one running if you don't want to move it. If you do move, it can take a little bit of time and Freetrade will charge you fees (think it's £17 per position for US stocks), but might be cheaper than paying the monthly fees.

[@raymondotterbine]

Sasha is one of the few people on youtube with integrity.

[@SashaYanshin]

Thank you so much - doing my best!

[@garymander4327]

Hi Sasha. Which is the best stock broker for in-species transfers? Does Interactive brokers or Trading 212 offer this service ?

[@kaxar6954]

I am waiting for April 2024 to open a new DIY stocks and shares ISA just for Dividend Growth investments. My current stocks and shares is managed through a robo advisor since 2017. Right now I am focus on research to find 20 - 25 companies trading in the UK.

[@bhoolondon291]

Brill! Awaiting for this clear explanation. +1 Sub👍🏼

[@SashaYanshin]

There you go!

[@iangreenstreet1407]

What about if you have maxed out your isa? Are the same funds the best option albeit outside of an isa?

[@leecox7095]

Thx for your video. Would you need to open a new isa with a different company when your current one reaches 85k as it wouldn’t then be protected? Thx!

[@SashaYanshin]

That's for you to decide. The limit is on the guarantee only. It doesn't mean that you won't get any money/stocks back above the limit and in practice, unless there is gross misconduct (management steals your assets), they should be relatively easy to recover above the limit too. But at the end of the day, you need to decide for your peace of mind how you want to manage that risk.

[@cianog]

Is the trading 212 isa flexible with regards buying and selling stocks yrs after purchase?

[@k0023382]

Sasha, great info. I wonder if you tell us if any of theses offer the "flexi" ISA feature or ISA flexibility, whatever it is called. Rgds

[@adrianl5899]

Vanguard is flexible, according to their website. This should be answerable on their websites or by customer service.

[@magicburzum4048]

I’m on freetrade and can’t get away as I’m on red and can’t sell at a loss and trading 212 accepts only cash transfer.Do you know if in the future trading 212 is going to accept shares transfer?

[@danilocampolo4498]

Thanks Sasha. Could please do 2 further videos, one for best LISA providers and one for best SIPP providers?

[@paulevans2246]

Yes please

[@bertbile]

Thanks for your video. I’ve just put 10k into an RBS isa for two years, also just started a SIPP with vanguard. I’d like to put say £20 a month into a stocks and shares isa over five years, can I ask your thoughts if you were in my position what would you do? Thanks.

[@sultanalbinali4033]

Are we able to sell shares from one ISA while contributing into a second ISA during the same tax year? Does selling also activate these accounts?

[@acasson27]

Great video as always! What’s your current opinion on Moneybox? I currently use for both S&S and personal pension but wondering if I should move ISA to another provider?

[@SashaYanshin]

Staying or moving is really up to you. Moneybox is pretty expensive though and have a limited offering. 0.45% FX is already very pricey, but there's the 0.45% platform fee on top as well as the £1 per month - it all adds up.

[@rikyd]

Thanks for this. It would be good for you to briefly cover the process of swapping ISA providers.. is it simple? do you have to liquidate your entire portfolio if swapping from HL to T212 for example or if all same holdings offered by T212 can you just swap the portfolio and holdings over directly?

[@adrianl5899]

T212 do not offer in-specie transfers in, only offer cash transfers in. So you would have to sell, incur any costs and be out of the market.

[@Lev0702]

Hey Sasha, great video. Interactive Brokers is by far my preferred choice of broker. Love the app and the desktop platform and the selections of stocks and etf's is vast. Only thing that concerns me is the £3 per trade on UK stocks as I want UK dividend stocks in my portfolio. Is it really £3 per trade and do you know does it apply to ETF's purchased through London Stock Exchange as well?

[@yunussavas3481]

How do we check if trading 212, Vangard and hsbc stocks is using the same sip and fscs

[@gkirts]

I would be very interested to see a video of what happens if a broker goes bankrupt. Everyone knows that we are covered up to 85k but what happens to the rest of the money in an ISA and what happens to the money in a GIA and what difference does it make between holding stocks vs having cash in that account when over the 85k limit. Good videos as usual :)

[@sethanith3181]

And also what happens to the fund? I.e. if Vanguard went bust…

[@claonaite]

I had this happen to me and the part no one mentions is the time it takes to sort out. It took about a year to get access to my shares again, and the FCA moved them to a broker who was so incompetent that accessing them probably took the same again. I have no idea how much money I might have lost not being able to sell during that. I'm happy to pay high HL fees now to avoid that kind of hassle again

[@Anon-nv7bp]

@@claonaite which broker?

[@britainsfirstcoins]

@@Anon-nv7bp SVS Securities. I got notified on the 24/Aug/2019 that they had gone into special administration, and my funds were transferred to ITI Captial on the 13/July/2020. I had lots of problems with them getting an account set up and being able to do anything with it, and these were never resolved. In July 2022 they decided to exit the UK so I transferred to HL, and that took until October 2022 to sort out. HL were fantastic, but ITI were incompetent. I think they really overreached themself when they took on the SVS business, and they just couldn't cope. I'm done with "cheap" brokers. They are cheap for a reason. If I had needed that money at any point between Aug 2019 and Oct 2022, or if I wanted to sell any shares, I couldn't have.

[@djfunkyjoe8215]

very good ,informative, and straight to the point video.

[@SashaYanshin]

🙏 Thank you!

[@rfxtuber]

@@SashaYanshin Got my attention too sasha... very very good...

[@thegoolian1010]

Out of Trading 212 and Vanguard which one of these platforms has the cheaper regular investments charges? Say for example £200/month put into stocks and shares isa and invested into a few index funds/ETFs. Which will incur the most charges? And is there a simple way of explaining how to work this out please just trying to wrap my head around it all. Thanks!

[@david2023travel]

I dont live in uk but i love his videos... Informative and funny 👍

[@SashaYanshin]

This one in particular must have been pretty dull if you're not based in the UK! :))))

[@harry3344]

hey Sasha, if I heard you correctly you said there's no fee's with trading 212 if you buy UK stocks, does that include no stamp duty or do you still have to pay that ?

[@andyh3142]

Still pay stamp duty

[@jacobhill357]

Sasha huge fan of your work mate and really thankful for all the hard work you put in to your videos, can you please give me your honest opinion on NIO stock the Chinese ev Kind regards

[@SashaYanshin]

Not gonna go into any depth, but I frankly never understood why that stock was so popular with retail investors.

[@muhammadhammadkhan1289]

I have an account in Fidelity and I have opened a new account in Trading212 can I stop depositing in Fiedlity and start investing in trading212 or do I need to close fidelity account?

[@mohlini1]

thanks Sasha

[@kwladner]

Any ideia about someone outside Europe/US investing on UK Stock market is going to be charged only at his own country by any gain of capital?

[@marcw1]

Thanks Sasha, great channel, I understand if you move out of the UK abroad you cannot keep a S&S ISA, is this correct or is it just that you cannot deposit in to it any longer? If the latter would automatic reinvestment of dividends in to the same stocks / ISA be considered as a new deposit and therefore be banned please?

[@adrianl5899]

It can remain open. You can also transfer it to another provider. However, you cannot make any new subscription (ie. pay in) "after the tax year that you move (unless you’re a Crown employee working overseas or their spouse or civil partner)." You must also tell the ISA provider asap that you are no longer UK resident. Reinvestment of dividends is not you making new deposits and is fine. If reinvestment of dividends counted as new deposits, we could never use the allowance by investing £20k - the dividends would continually take us beyond £20k.

[@user-ic9lt9fw2d]

Thank you, timely info. One question The Gov £85000 financial protection. Does it cover the investments in an ISA? Would it freeze the value of the stocks at the time the ISA company demised? Does it keep the shares in my name so I get them rather than turned to cash? How is fraud covered (thinking FTX in the shares market).

[@jtlondon81]

Hi, if you trade options can the isa still work? Via etoro?

[@SootheSound]

Hi Sasha, online advice including HMRC continues to be confusing. I've currently begain investing in one of your flagged brokers this tax year. Can i transfer my old stocks & shares ISA which is in a different broker, in to a new broker such as Trading 212? I think i can, but listening to your video suggests i could not add any new money in to this new account... but could continue to buy and sell within it post the transfer. Is that the case? And if so, can i continue to invest in the ISA i have started to fund this year's allowance in to? My current understanding is yes. Any view would be much appreciated.

[@AnnaPoli800]

Would you please give your advice for the profit of making an ISA account when you plan to retire abroad? Does it worth it ? You got to pay 25 percent of tax to move those ISa funds abroad according to HMrC ?Or an investing saving account is more preferred?

[@saadqayyum4739]

Wait so i can only open 1 isa account per financial year I remeber putting money inside etoros and investing some and also putting money in tradining 212 and a binch of other random ones before How come i could put money on all of them, im assuming they may not all be isas but im not too sure Is that bad? They just asked me to transfer mowny from my natwest and thats it

[@neilus0]

What about flexale ISAs. I have mine with EQi and you can withdraw then reinvest your funds up to £20k in the same tax year

[@damian1690]

So, with the current changes in ISA rules, can we open i.e. Stock and Shares ISA and LISA and pay into both in the same year? 🤔

[@TeodorGorranov]

WIth the amazing reasurance from you, I was able to be up 6% in about 4 months of being on the trading market. I would like to thank you for the content that you put out, couldn't be more happier finding your channel mid 2023 (which is late, but better late than never)! Let's see how 2024 will treat us all!

[@vs9108]

Thanks Sasha I didnt know we can still buy and sell stocks from other isa ! even if we dont contribute to it within Tax year good info

[@nikola-origamicreator8142]

I've been watching your channel quite some time. You helped me when I made my first investment, when everyone was talking about a market crash. Im up 10% in just 6 months, TNX for great content.

[@SashaYanshin]

Congrats!

[@ileshpatel]

What an honest man ❤

[@Paul-ue8tn]

Hi Sasha, which one could be used to transfer a SAYE which has just matured into an investment ISA? Bed and ISA I think....?

[@SashaYanshin]

As SAYE is not an ISA, if you are able to sell out, the only option is gonna be Bed an ISA I think as you said.

[@Casa1000]

Thanks for the great video Sasha. I use HL and hold both a S&S ISA and Junior S&S ISA and only ever invest via regular monthly investing in Vanguard funds (never one off trades) - I understand that by regular monthly investing by direct debit there are no transaction/trade fees, only an annual fee of 0.45%. Is this high compared to others and would you recommend switching to the Vanguard platform in the new tax year?

[@alantrunks2908]

I have a S&S ISA with vanguard but have LISA with H&L due to vanguard not offering a LISA. I also went with HL for the junior ISA, as vanguard was asking for a minimum contribution of £100 per month. Now I feel like I may have made a mistake and fees will be eating into whatever profit made on the junior ISA. A video on best LISA and junior ISA would be fantastic.

[@adrianl5899]

​@@alantrunks2908HL doesn't charge for JISAs - it's an excellent option for JISAs! Another big player - Fidelity - has no service fee if investing in funds within a JISA, so again is a great option.

[@enochagyepong9349]

Hi Sasha, Many thanks for all your good and useful information. It would be good to present a video that compares BTL investment against a stock and shares ISA

[@SashaYanshin]

Thanks! Not sure how to really compare these - very different beasts, entirely different asset classes with different pros and cons.

[@melvynevason7981]

Hi sasha is Fundsmiths still a steady investment?

[@TheReferrer72]

Sasha has made a good video!

[@SashaYanshin]

Thank you!

[@Akashmash]

So weird I was doing research on this. Lo and behold!

[@SashaYanshin]

Well there you go!

[@Akashmash]

@@SashaYanshin thanks for the information as always!

[@chilloutcentral2097]

Fantastic video. Can you make the same video for junior ISAs please. Maybe one for junior SIPP please

[@jonathanr.5968]

What is your opinion of AJ Bell?

[@4272005]

Hi Sasha, Is a SIPP comparison video a possibility?

[@karan_not_johar]

Great video Sasha, So many comments (sorry in case my questions are already answered, hard to keep track on all comments) 1. Any comments on Monzo ISA? I just happen to open that within week (wish should have waited) 2. Do we have to keep 20k or less throughout financial year so we can be exempted from taxes? Is it locked in a way (I guess not and you can still withdraw anytime) 3. Further on above point, e.g say you have 5k in ISA and you withdraw all after 3 months, (then whatever gains you may have made sure that’s tax free). Basically within financial year at some point you had 5k in ISA, does that count for HMRC self assessment filing and get leverage on taxes? (Or) you don’t get rebate because ideally you withdrew all in a given year?

[@adrianl5899]

1.So long as your Monzo ISA is a cash ISA, it doesn't stop you paying into a Stocks and Shares ISA before the new tax year in April (subject to the overall condition of staying within the £20k ISA deposit allowance). 2. You can put £20k into ISAs in each tax year, all of which, while in the ISA, is exempt from tax (unless you die and there's tax on your estate -unlike pensions, ISAs are counted towards your estate). There's no ultimate limit on how large ISAs can grow. You can be an ISA millionaire, so certainly don't have to be under £20k. 3. Firstly, if investing, you should think long term (5 years+) and not about withdrawing in the short term. When i fill my self-assessment as a self-employed person, it's not relevant what I had in my ISA (there's no tax due). However, if you withdraw from an ISA and then go on to make gains/income which needs to be declared, then that's different. But you still have some (small) allowances for CGT and dividend tax outside of ISAs anyway. I've tried to answer, but I appreciate I may be missing what you mean because I didn't particularly understand the final 2 questions you were asking.

[@ComputerScienceLessons]

Great video. Thanks a million, but you said "...if you want to invest in UK stocks or European stocks, because I know there are going to be some people who like self inflicting pain..." You HAVE TO explain what you mean by that - please?

[@liamtheurchin5569]

Great info. Will your links last until the new tax year? Already up to the cash isa limit.

[@SashaYanshin]

yep, unless they suddenly change their offers. 👍

[@liamtheurchin5569]

Bollox. Open my 212 account a couple of weeks ago so I was ready for 6/4/24 turns out the promo code only works within in 10 days of opening....But atleast I've started my investing journey.

[@dipesh2675]

Is it possible to invest in multiple ISA's of the same type from Apr 24? Assumimg the combined allowance is not breached

[@SashaYanshin]

Not fully confirmed yet, but if it does happen, that'll be amazing for customers.

[@igormonteiroo]

I have a degiro account… I’m living in the UK but planning to return to Portugal in about a year. Any thoughts on that?

[@stmichaelshill7421]

I have a Vanguard ISA. I got a T212 account as there was a good sign up offer (I think via you) so I have a small portfolio of £200 in a GI account. Can those shares be transferred into an ISA with 212 if I choose them as my ISA for 2024/25?

[@AJ-zf8tu]

No you will have to sell and rebuy in your isa.

[@kk22383]

Can you do a video on the best stocks and shares LISA?

[@matthewparkinson7730]

Fantastic video for the UK investors. I just have one question which you maybe able to help me with. I have 2 stocks and shares ISA. 1 i pay into and 1 that has money in but I dont pay into. Can i move all the money from the one i dont pay into, into a new account (new broker such as vanguard) from my old broker (such as AJ bell) and then leave it and still pay into the other account as i have been doing? Example. Pay 12k a year into T212 ISA. Have 50k with AJ bell ISA. Move the AJ bell to vanguard and invest into say 3 ETFs. Dont pay into the vanguard but still pay into the T212 and have 2 ISAs. Hope this makes sense and any help would be greatly appreciated. Thank you.

[@adrianl5899]

Yes, you can. You are still only paying new money into 1 S&S ISA. The transfer of the 'old' ISA - which you are not paying into this tax year - does not count towards your £20k allowance. Sometimes people withdraw from an old ISA thinking it counts as a transfer if they then pay it back into to a new provider, but obviously it doesn't. Just keep it in the ISA and transfer and there's no issue.

[@thegrinderman1090]

Any thoughts on Dodl? I use their S&S LISA because I judged it to be the best one when searching a couple of years ago. Then anything over the 4k limit i use Vanguard S&S ISA.

[@SashaYanshin]

Dodl is still very expensive on multiple fronts. Doesn't come close to the leading offers.

[@thegrinderman1090]

​@@SashaYanshin For a 'Lifetime ISA' specifically though? From what I can tell, it's one of the cheapest. Thanks for the reply.

[@SashaYanshin]

@@thegrinderman1090 No - was talking about their ISA - I thought the question was asking what that was like as you already had the LISA and this video is about Stocks and Shares ISAs.

[@thegrinderman1090]

@@SashaYanshin Ok thank you, apologies for the confusion.

[@danielm6381]

Thanks Sasha always good to hear your thoughts. No love for freetrade from anyone these days it seems. Feel like im being left behind having not switched away yet.

[@SashaYanshin]

They are super expensive and the platform just seems to be getting worse - nowhere near the best products available today unfortunately.

[@InfectedByEli]

I dumped most of my Freetrade investments when they started hiding good stocks behind a paywall while claiming their mission was to spread investing to the masses. Apparently, adding cash barriers helps, somehow.

[@RedSwordMusic]

Hi. Just opened a 212 isa and I have a question regarding Dividends. I decided on selecting an account which reinvests the dividends but I wonder if that contributes to my ISA allowance? Also I notice you mention the vanguard iption which doesn't auto reinvest so wondered if you prefer not to reinvest dividends and why?

[@adrianl5899]

Your £20k annual ISA allowance is unaffected by ISA dividends (as is your dividend allowance). The £20k simply relates to new deposits you pay into your ISA/s. Some people choose to receive dividends rather than have them auto-reinvested. This may be because they use those dividends to balance a portfolio. It also may simply be that, at the time they invested, an accumulation version of the investment was unavailable, and so they only had an option to invest in a distributing investment. Rather than sell and be out of the market in order to switch to an accumulation version, they just leave it as is.

[@king2king1000]

Does t212 allow fractional shares under its isa?

[@rojneacl]

Thank you Sasha! I have a question re: Interactive Brokers. My partner received an email from IB saying that she has at least one non-qualifying ISA position and that they will open a General Investment Account on her behalf and move those positions. The account has been opened but nothing got moved yet. I tried getting in touch with IB but their chat feature is abysmall and can't get through to anyone. She only has positions in VUSA/VUSD and a couple of regular stocks such as Disney, Ford, Twillo. I find it a bit strange that she received this message because why would they allow her to buy smth in an ISA that doesn't qualify for ISA. (All her positions are whole, no fractional shares.) Or is this just a routine message that goes out randomly to people? Thank you for your time!

[@jam99]

And yes, why this video is bad advice, you hit the nail on the head. When things go wrong, which they do because the service industry in the US and UK is shockingly incompetent, how easy is it to sort things out?

[@fintan.]

Hi Sasha, great content as always. What are your thoughts on Lifetime Stocks and Shares ISA's. I'm and 18 year old accountant able to max the £4000 for the £1000 gov bonus. Provided the fees and investment options are inline with the ISA's youve talked about, is it worth?

[@Gemok1980]

More details needed, what would you be using the money for? House? Retirement? When do you want the money? Where in the country are you? The £450k purchase limit means the LISA is problematic already in London and that will spread across the country every year prices go up but the limit doesn't. General advice is to not invest with money you want in less than 5 years.

[@fintan.]

@@Gemok1980 Hi mate, born in Wimbledon, moved to Surrey for my childhood and am currently in Hampshire. Plan to use the lifetime ISA to purchase a 2-3 bedroom home in Hampshire which vary between £200K-£400k depending where, within the next 10 years. My cost of living is around a third of my income as I live with parents and I am able to max the £4000 per year and have another available £8000 a year give or take to invest. Will hopefully get to the 20k ISA limit per year in a couple years, I am wondering whats the best position before I reach the £20k ISA limit. As I plan to purchase a property within 5-10 years thats likely under the 450k limit i feel like the lifetime ISA is the better choice, especially since ive found a few providers that offer indexes stocks and bonds. Love to hear yor thoughts hopefully I've cleared a few things up.

[@easterroad2089]

How is the fee paid for in IB. I currently have T212 for my isa but wouldn't mind opening one next year to have a play around with the platform and see what their options are like compared to 212. If I do this will the monthly fee count towards my new ISA allowance

[@SashaYanshin]

Unfortunately yes it will - as it stands, the fee is taken from inside the account as I understand it, not from your bank account via Direct Debit which would probably make more sense. Having said that, the way they bundle the commission into it makes it more complicated. But yeah - this is one of the things that is "clunky" as I put it in my review.

[@andyasia]

As I think they go hand in hand, what about a similar video for SIPPs ?

[@Watka-Pro]

Trading212 wins but will invest on IB too eventually

[@bleedinggum9766]

Do Vanguard have an S&P tracker that is managed for the customer and is this a viable ISA to invest with. Thanks

[@flesz_]

they have SP tracker from what I remmeber

[@pmatthews8132]

Hey Sasha, great video as always, I have been using a Halifax S&S isa for the last 2 years putting in only a few hundred into VUAG & VWRP each month have noticed the fees are quite high, if I wanted to continue the same amount in the same index funds which platform would make sense? Not planning to touch the money for a good while I hope

[@pmatthews8132]

I’m also nervous about the fees to transfer from Halifax to another but seems now would be a good time before April

[@adrianl5899]

​​@@pmatthews8132 Is there actually a fee to transfer, or are you thinking you must sell (incurring trading fee) in order to transfer?;If it's the latter, so long as the new provider accepts in-specie transfers and offers the same holdings you have, you can possibly move in-specie (the investments get transferred over and you're remaining in the market). Worth asking a suitable provider if it'll potentially save you on costs for the same investments.

[@kanefisher2913]

Use trading 212

[@chqshaitan1]

Great video, you are one of the top 5 finance youtube guys, keep up the great work

[@SashaYanshin]

Really appreciate the flattering comment!

[@connordarnbrough6284]

I agree, but i'm curious as to who else you think is top 5? i really like Damien talks money and Toby Newbatt...

[@barnoluk9272]

@@connordarnbrough6284totally agree on all 3. I like Sasha much much more since the clickbait title days. He’s incredibly credible and always on the money but I ignored his vids for a long time because of that

[@gavjlewis]

@@connordarnbrough6284 Ramin (Pensioncraft) if you want to learn how stuff works. Pete (Meaningful Money) for people who need a more basic understanding.

[@monsterp1970]

Hi Sasha. Any comments about IBKR's transfer of ISA's from the US side IBKR LLC to IBKR UK? The main downside I see is that protection drops from US$500,000 to a measly £85,000 😞