Investments trusts have been the key to success for those with seven-figure savings pots
10 March 2021 • 5:00am
Trainee pilot Anirban Das started investing at 18 and says he will do what he can to reach £1m
Credit: Andrew Fox
Becoming an Isa millionaire has never been easy. It has been even harder for today’s young generation of investors, who have the odds stacked against them as housing costs rise and wages stagnate, leaving little in reserve for investments.
However, the generation, often derided for overspending on coffee and avocados, is ambitious, disciplined and in it for the long run.
William Brown, 27, from London, has already set aside £110,000 in a stocks and shares Isa and £40,000 in a Lifetime Isa. He is confident he will be able to hit the seven-figure mark unless he uses the savings as a deposit on a house.