
Motley Fool What do Britain’s 4,850 “ISA Millionaires” have in common ? First, many are using Stock & Shares ISAs to save – collecting dividend income and potential capital gains tax free. Second, they seem to prefer dividend paying shares. Here’s a list of their top holdings – according to Hargreaves Lansdown: |
Legal and General Group Plc Phoenix Group Holdings Plc Aviva Plc IG Group Holdings Intercede Group Plc Beeks Financial Cloud Group BP Plc Rio Tinto M&G Michelmersh Brick Holdings |
And, as many ISA millionaires will tell you, you can reinvest your tax-free dividends, snowballing wealth over the long-term. I’d argue it’s the big secret of Britain’s “ISA millionaires.” |
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