Q&A: I've Used My £20k ISA Allowance, What Now? (Pension, GIA, SEIS/EIS/VCT, and more)

In this podcast episode, I answer a question from Scott.

The question was: 'Have you ever covered how to invest when you’ve maxed out your 20k isa allowance?'

We go through the options, starting with a pension and a general investment account (GIA), before moving onto more niche options and some other ideas - from SEIS/EIS/VCT to crypto and gold and more.

We also cover limited companies and the 'order of investing priority', including some scenarios of what investment accounts to prioritise based on your situation.

Listen to the podcast episode for the full details.

Timestamps:

0:00 - Question from Scott

1:53 - Pension

3:20 - Workplace pension or SIPP?

4:38 - General investing account

6:55 - Accounts are ‘wrappers’

7:38 - SEIS and EIS

9:13 - VCTs

10:33 - Other options - property

11:11 - Crypto

11:43 - Gold

12:35 - P2P lending

13:05 - S&S Lifetime ISA

14:04 - Don’t forget saving goals

15:29 - Limited company investing

16:30 - ‘Order of investing priority’

20:51 - Summary

22:53 - Outro

-----------------------------------------

More investing:

📝 Download my free investing guide to help you start investing - https://www.makingmoneysimple.co.uk/Free-Investing-Guide

📕 Get my book Stop Waiting, Start Investing (available as a physical, digital and audiobook) - https://www.makingmoneysimple.co.uk/swsi-book

-----------------------------------------

⚠️ Disclaimers: I am not a financial advisor and this does not represent financial advice, it is for entertainment purposes only. Please seek professional advice to get the best information for your personal situation. When investing, your capital is at risk and you may get back less than invested. Past performance does not guarantee future results.

-----------------------------------------

📥 Get in touch: https://www.makingmoneysimple.co.uk/contact