This is my finale report on my Virgin portfolio project. Everything must come to an end eventually. I made a four figure profit and I am happy.
Index and Funds is the only way for a low capital portfolio to own a host of amazing companies in your portfolio. Buying a single share of Amazon, Google, Facebook and Apple each would cost you almost $3,000. However, some index or funds allows you to own these four companies and other quality companies with a low capital of $100. This would encourage a self-investor to save more money every month for a contribution.
Many UK residents do not comprehend how generous the government is to tax payers who save money! Yes, its all about the ISA, ISA, ISA. I have been blogging many times over the course of my blogging career to stress how fantastic the UK ISA programme is. As written on the tin, UK ISA is a tax free programme which limits a contribution of £20,000 a year in the 2018/19 tax year. If you invest this £20,000 in stocks and shares and turned it into £1m, the entire amount of money is TAX FREE!!
It’s never been a better time to set up your own company and begin selling to the public. We are living in the age of the entrepreneur, when all you need is an idea and determination to make a business successful. Even money, so long a barrier for people who wanted to start their own business, isn’t as important as it used to be.