PUBLISHED: 10:09 01 March 2019 | UPDATED: 10:09 01 March 2019 Peter Sharkey Understanding ISAs really is simple, says Peter Sharkey. Picture: Getty Images Patricia Olson Saving with an ISA needn’t be complicated, says Peter Sharkey – in fact, it’s as easy as ABC. As this column highlighted last week, we’ve reached a time of the year when some companies make a big fuss about investing. Why? Because it’s ‘ISA Season’, the financial sector’s equivalent of Black Friday, Super Saturday and Magnificent Monday combined. Prepare for more than a month of reminders telling us that we must have an ISA; that we must not lose our 2018-19 allowance; that we should at least open a cash ISA for the time being – oh, and that we can invest up to £20,000 in an ISA. Millions of people are put off by that final prompt, not least because few folks happen to have a spare £20,000 knocking around which they would like to invest.Accordingly, too many people give ISAs a body swerve, believing them to be too complicated, or perhaps concluding that they don’t have enough money with which to open one. Some people think that if they open an ISA,… Read full this story
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