30 Apr, 2025

£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 […]

4 mins read

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 […]

3 mins read

6%+ dividend yields! 3 high-yield UK shares I’d buy for a second income

Image source: Getty Images Investing in UK shares can be a brilliant way to make a passive income. This is because the London Stock Exchange is packed with mature, financially robust companies that have excellent track records of dividend distribution. I’ve built a strong portfolio of British dividend stocks with my Stocks and Shares ISA. […]

3 mins read

I’d regret not buying this once-in-a-generation level of high-yield passive income!

Image source: Getty Images A fair few UK dividend shares today are carrying abnormally high yields. That means I can invest in them right now and hope to achieve extremely attractive levels of passive income. Thinking long term Capital allocation is essentially a fancy business term for deciding what money goes where. It means investing […]

3 mins read