£20k in an ISA? Here’s how I’d aim to turn it into a £12k yearly second income

Image source: Getty Images ISAs (Individual Savings Accounts) are a fantastic vehicle to build wealth. Given enough time, these tax-efficient accounts can help investors generate a large second income from dividend stocks. Here, I’m going to outline how I’d aim to turn £20k in an ISA into £12k of passive income. Please note that tax…

No savings at 30? Here’s how I’d aim for passive income of £3,000 a month

Image source: Getty Images Earning a decent stream of passive income can be critical in funding a successful retirement. For instance, a tax-free sum of £36k a year might sound appealing to many investors. It would mean being above the UK’s average full-time salary in 2022. And that’s before tax! It’s an ambitious target, but…

An insider’s buying this AIM stock. Pure genius or misplaced loyalty?

Image source: Getty Images On 14 September 2023, a non-executive director of Fever-Tree Drinks (LSE:FEVR) bought £129,984 of the AIM stock. Since the transaction, the company’s shares have fallen 7%. Despite this wobble, the stock’s had a good run recently. It’s up 48% since October 2022, and is 15% higher than at the start of…