With a £20k Stocks and Shares ISA, here’s how to aim for passive income of £228,688!
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With a £20k Stocks and Shares ISA, here’s how to aim for passive income of £228,688!
A Stocks and Shares ISA is a suitable platform for long-term investing. That can also make it a convenient way to try and earn passive income by investing in dividend shares. That can be enormously lucrative for the patient lifelong investor. To show how it can be done, I will walk through an example of someone who puts a £20,000 ISA to work over 50 years. The first half of that period is about growing the value of the ISA. The second 25 years i…
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