This SIPP strategy turned £5,000 into a small fortune! Could it work again?
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Stock picking has proven to be a phenomenal way to build wealth over the last decade, especially when using tax-efficient accounts like an ISA or a Self-Invested Personal Pension (SIPP). The latter’s particularly powerful thanks to its tax relief benefits that grant investors more initial capital.
Of course, a stock-picking strategy’s only as good as an investor’s ability to find quality winning companies. And while there have been plenty of winners since 2015, there’s also a vast collection of losers.
Those who successfully identified the London Stock Exchange Group (LSE:LSEG) as a winner have gone on to earn a phenomenal total return of 380%. That’s an average annualised return…
