30 “ISA millionaire” investment companies show the power of

[Phooey]

...long-term investing.


https://www.theaic.co.uk/aic/news/press-releases/3...

[Derek Chevalier]

Phooey said:

...long-term investing.


https://www.theaic.co.uk/aic/news/press-releases/3...

Unless the authors are able to identify the "winners" over the next two decades (or picked the funds mentioned out of the thousands of available funds back in 1999), I don't really understand the point of articles such as these.

Far better to have a browse through publications such as the Credit Suisse Global Returns Yearbook to get an idea of long term returns.

https://finalytiq.co.uk/lessons-118-years-capital-...

[dmahon]

In my earlier years I made daft decisions such as cashing in my ISAs when I needed money and making speculative share investments in the SIPP which went south. Regret that now as I could have had a good percentage of my savings within tax shelters. Doh!

[deggles]

Derek Chevalier said:

Unless the authors are able to identify the "winners" over the next two decades (or picked the funds mentioned out of the thousands of available funds back in 1999), I don't really understand the point of articles such as these.

Indeed. Hindsight is 20/20. About as useful as me saying I'd be a millionnaire if I'd bought 50 Bitcoin ten years ago, or put £200 on Leicester winning the Premier League

I wonder how many 'investment companies' have collapsed or had negative returns over the last twenty years?