Robotised ISA ? which one?!
Robotised ISA ? which one?!
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beresd

Original Poster:

91 posts

111 months

Thursday 3rd March 2022
quotequote all
I am intrigued as to the best 'robotised isa'.

A fellow pistonhead posted they they were paying for their car via the returns
https://www.pistonheads.com/gassing/topic.asp?h=0&...

So simple maths...^^^^ car payments would be around 1k per month 'plus the bit extra to run it' equates to well over a 20% annual return on the 50k...

I am not expecting that but I have tried to find more information on robotised ISA and so far...FA.

Could anyone enlighten me as to reputable options to invest with?

LeoSayer

7,816 posts

273 months

Thursday 3rd March 2022
quotequote all
beresd said:
I am intrigued as to the best 'robotised isa'.

A fellow pistonhead posted they they were paying for their car via the returns
https://www.pistonheads.com/gassing/topic.asp?h=0&...

So simple maths...^^^^ car payments would be around 1k per month 'plus the bit extra to run it' equates to well over a 20% annual return on the 50k...

I am not expecting that but I have tried to find more information on robotised ISA and so far...FA.

Could anyone enlighten me as to reputable options to invest with?
Nutmeg springs to mind when I hear the term robotised ISA. But that's certainly not a recommendation.

Breaking it down, your plan seems to be in 2 parts:

1. Buy the car using your cash (say £50k)
2. Borrow £50k (over say 5 years) to invest in the stock market and hope the returns pay the interest and capital and maybe maintenance too

It might work, but of course it might not if stock markets drop.