This is where you can get some huge benefits from the tax free status of an ISA. You could invest regularly into an ISA for your entire working life, and you’ll never pay a penny in tax on any growth or income that your investments generate.
While it’s called a Stocks & Shares ISA, you can invest in diversified portfolios that include other assets like bonds and property.
You can pay into an ISA in lump sums, but usually the best way to go is to invest on a regular monthly basis. Rosecut offers an ISA that allows you to set up a direct debit from your bank account each month, with high quality investment and portfolio advice once the money’s in there.
There aren't many no-brainers in investing, but using your ISA allowance each year is as close as you’re going to get.
Setup a Rosecut ISA through the app
Choose an investment allocation for long-term growth
Create a monthly direct debit or standing order facility into the new account
All that's left for you to do is sit back and watch the marvel of compounding and investment return get to work.