Other
types of investment
ISAs
An Individual Savings Account, or ISA,
is a type of savings account that allows you to keep the
interest that your
deposit earns without having to pay for any associated
taxes on those earnings. An ISA may be purchased from
an ISA Manager. This may be a bank, building society, investment
broker, insurance company, financial advisor or stockbroker.
Bonds
These are certificates of debt where the
issuer of the bond agrees to pay the purchaser of the bond
the value
of the bond
itself, plus a fixed amount of interest at the end of
a certain period. Should the issuing company go into
bankruptcy, the
bond holders have first-priority access to remaining
funds before public shareholders. |