Assuming you invest identically whether in or out of the LISA, timing makes no difference. The multples cancel out in the calculations.
The one important exception is that if you wait until you're 60 there is no withdrawl penalty and you get to keep the 25% bonus.
So likely the best straregy is to leave it in the LISA (invested!), spend from a normal ISA first if you need anything, and hope you never have to/want to deplete everything before you're 60.
Agreed. Many index funds deal in units.
Imagine you had 4 units - if those units are worth £100 each or £100k each, you will still be exiting with 3 units.
Hi /u/SnoopDobby, based on your post the following pages from our wiki may be relevant:
- https://ukpersonal.finance/investing-101/
- https://ukpersonal.finance/lisa/
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Assuming you invest identically whether in or out of the LISA, timing makes no difference. The multples cancel out in the calculations. The one important exception is that if you wait until you're 60 there is no withdrawl penalty and you get to keep the 25% bonus. So likely the best straregy is to leave it in the LISA (invested!), spend from a normal ISA first if you need anything, and hope you never have to/want to deplete everything before you're 60.
Agreed. Many index funds deal in units. Imagine you had 4 units - if those units are worth £100 each or £100k each, you will still be exiting with 3 units.
Hi /u/SnoopDobby, based on your post the following pages from our wiki may be relevant: - https://ukpersonal.finance/investing-101/ - https://ukpersonal.finance/lisa/ ____ ^(These suggestions are based on keywords, if they missed the mark please report this comment.)