If you’re thinking about taking your investments to the next level, then you’re in the right place!
Opening a general investment account with AJ Bell Dodl is a brilliant start. Now, let's explore why adding cash to your general investment account can maximise your investment potential and help you achieve your financial goals.
Unleash your investment power
Adding cash to your Dodl general investment account gives you the freedom to invest in a streamlined range of investments like shares, funds and themed investments. By putting your money to work, you can aim for higher returns compared to traditional savings accounts.
Benefit from compound growth
The sooner you invest your cash in your general investment account, the sooner you can start benefiting from compound growth. Compound growth occurs when you earn returns not only on your initial investment but also on the returns those investments generate. Since there is no interest earned on uninvested cash, it's prudent to invest it to make the most of this compounding effect, which can significantly boost your investments over time.
Flexibility with no limits
A general investment account offers more flexibility than an ISA. Unlike ISAs, there is no annual £20,000 allowance limit. This means you can invest as much as you want, whenever you want. Perfect for those looking to invest more that the ISA allowance. However, a general investment account does not protect your money from tax like an ISA. Therefore, any gains made from your investments will be subject to tax, based on your individual circumstances.
Easy to manage
Managing your general investment account with Dodl is a breeze. Our user-friendly platform lets you track your investments, add cash, and adjust your portfolio with ease. You have all the tools you need to stay on top of your financial goals.
Ready to add cash to your general investment account?
Adding cash to your general investment account with Dodl is a smart, effective move toward maximising your investment potential. Enjoy the flexibility, the opportunity to benefit from compound growth, and take control of your financial future.
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Practical steps to add cash to your general investment account
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🔔 Remember investing carries risk and nothing in this article should be taken as advice - Dodl doesn't give advice, but we do hope the info is helpful!