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How to target almost £1,000 a month in second income with a monthly investment strategy

How to target almost £1,000 a month in second income with a monthly investment strategy

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Investing in dividend shares on the stock market has long been a popular way for UK residents to build a second income, and I can see why.

If you want a simple target, here is one method an investor could use to aim for up to £1,000 a month over time.

Laying the groundwork

A Stocks and Shares ISA is a useful starting point because it lets you invest up to £20k a year, with income and gains sheltered from UK tax.

Please note that tax treatment depends on the individual circumstances of each client and may be subject to change in future. The content in this article is provided for information purposes only. It is not intended to be, neither does it constitute, any form of tax advice….

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