Dumb question about paying investment fees
Dumb question about paying investment fees
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Discussion

rfisher

Original Poster:

5,056 posts

307 months

Saturday 17th December 2022
quotequote all
I expect that the answer is that it depends.

The question is - is it better financially to pay investment fees for ISAs / GIAs from cash deposited for that purpose and not invested, or by selling down from the ISA / GIA invested funds?

Showing your workings with numbers would be interesting smile

Jon39

14,569 posts

167 months

Saturday 17th December 2022
quotequote all

Quite easy to find capped ISA fees, at just £3.50 monthly.

With such a miniscule amount, in relation to what the total ISA value might be, I don't think the method of payment would make any significant difference at all.

Selling down should not be necessary, because surely there would be a steady inward flow of dividends.