Last week, we shared the story of how one Selftrade customer has built a portfolio worth over £1 million in his Stocks and Shares ISA.
Here, Brian Mansfield* talks us through the high and low points of his time as an investor, plus his tips on how to build a successful portfolio.
A company called 4imprint, which is a London-based direct marketer of promotional merchandise which is customised, such as mugs, bags, sweatshirts and key rings. It’s currently my largest holding and has done extremely well. I bought it initially at £3 and now it’s trading at around £25.
Those would be companies in which I invested too early, such as African Eagle Resources.
Having retired, I’ve stopped my regular investments and am now solely focused on managing my portfolio. I have recently taken some money out of my investments to pay off some of my mortgage.
But I’m always keeping a lookout for new investments for when I take profits. I’ve currently got my eye on Allergy Therapeutics – a pharmaceutical products company which develops therapies for allergy-based diseases - and Oxford Biomedica - a biopharmaceutical company specialising in the development and commercialisation of gene-based medicines. It was established in 1995 as a spin out from Oxford University.
*Customers name has been changed.
Individual Savings Accounts (ISAs) are one of the most tax efficient ways to save. But with interest rates on cash savings low, more people are looking for higher returns.
If you are ready to plan for the long-term, our Flexible Stocks and Shares ISA is a great place to start.
Access a wide range of global investments in this flexible, unrestricted account.
Take advantage of tax free investing with our Stocks and Shares ISA today.
Selftrade does not provide investment advice. This article is the authors view and is not the view or opinion of Selftrade and Selftrade accepts no liability for any loss caused as a result of the use of this information. The opinions expressed are those of the author at the time of writing and should not be interpreted as investment advice.
The value of investments can fall as well as rise and any income from them is not guaranteed and you may get back less than you invested. Past performance is not a guide to future performance. We do not provide advice or make recommendations about investments. If you have any doubts about the suitability of an investment, you should seek advice from a suitably qualified professional adviser.