Pension vs ISA vs LISA v Dealing Account: Best Order to INVEST MONEY

Pension vs ISA vs Lifetime ISA (LISA) v Dealing Account: Learn the right order to invest money to achieve your investment, retirement and life goals. New to investing? Here’s our Investing for beginners UK course to help you gain investing confidence in only 12 days – https://thehumblepenny.com/SSI

★★ OTHER INVESTING VIDEOS ★★

How To Build an Investment Portfolio For Beginners (By AGE) – https://youtu.be/0aU3KHZN3n8

How To Invest During ANY RECESSION **without worry** (2022) – https://youtu.be/DJihSTlv0EY

How To Invest £100/month – https://youtu.be/xYwGXW6c728

HOW TO INVEST £1000 – https://youtu.be/0jRQk8Xkvxg

How to INVEST IN STOCKS for DIVIDEND Passive Income – https://youtu.be/fQBcU90ZVKQ

ETFs vs INDEX FUNDS | How To Invest Money In Stocks UK – https://youtu.be/dtEPOqfIxRI

Should You PAY Off MORTGAGE Early vs INVEST? or BOTH? | UK – https://youtu.be/80b5SFnZgoM

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Investing For Children (Make Your Child a Millionaire) – https://youtu.be/isq_2tw6pdQ

Investing For Beginners UK (STEP-BY-STEP GUIDE) – https://youtu.be/u4n8f-YL5_I

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★★ ABOUT US ★★

MARY:

I’m married to Ken and we have two boys aged 6 and 4. I’m a Londoner, born in Hackney! 🙂

Day to day, I run the operations of The Humble Penny as a creative – doing everything from marketing to video editing. I studied Multi-media design and technology at Uni.

KEN:

I’m a husband, dad, and a First-Generation Immigrant to the UK. I started life poor in the UK and I’ve spent the last 20 years on a steep journey of Personal Development.

Former CFO with over 12 years experience in the investment business. I’m also a Chartered Accountant and hold an MBA from Cambridge University.

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★★ TIME STAMPS ★★

0:00 – Intro
1:13 – Structure of today’s video
1:38 – PART 1: PROS & CONS OF ALL ACCOUNTS
1:42 – Pensions Pros and Cons
3:46 – Stocks & Shares ISA Pros and Cons
4:59 – Lifetime ISA Pros and Cons
6:29 – Dealing Account Pros and Cons
8:18 – PART 2: ORDER OF INVESTING
8:54 – SCENARIO 1: EMPLOYEE AIMING FOR RETIREMENT
9:25 – SCENARIO 1A: Basic Rate Tax Payer Whose Employer Does NOT Match Pension Contributions
11:39 – SCENARIO 1B: Basic Rate Tax Payer Whose Employer DOES Match Pension Contributions
12:48 – SCENARIO 1A: Higher Rate Tax Payer Whose Employer Does NOT Match Pension Contributions
14:51 – SCENARIO 1B: Higher Rate Tax Payer Whose Employer DOES Match Pension Contributions
16:46 – SCENARIO 2: EMPLOYEE SEEKING ENTREPRENEURSHIP OR EARLY RETIREMENT
18:12 – SCENARIO 3: EMPLOYEE BUYING A HOUSE
19:36 – SCENARIO 4: SELF EMPLOYED AND AIMING FOR RETIREMENT
22:51 – SCENARIO 5: DIRECTOR OF A LIMITED COMPANY
25:17 – How We Invested For Financial Independence
26:28 – How We Invest Now Post Financial Independence
27:35 – Question for the comments
27:43 – Conclusion