Which is the best option to choose on stock ISA transferring

🤝 Help
1

Hi, I am wanting to tranfer stocks from one ISA share account to 212 ISA. This would be the first time I’ve done this, what are the views on which position to choose, average purchase price vs current price on arrival. If i could get some views on this please that would be great. Thanks.

2

it makes no practical difference it is simply your preference

3

If I decided to transfer my portfolio again, my choice would be current price on arrival. The reason is the biases linked to the average purchase cost that did not help me making the most rational investment decisions (e.g. anchoring bias).

4

Thanks for the advice appreciated.

5

Thanks for helping appreciated

6

If you stay in the UK it doesn’t make a difference as the UK won’t tax your ISA gains.

However, is there any chance you may live in a different country in the future?

If so, I think it is best to use average purchase price. That way you have more useful information in case you sell those investments whilst living abroad and therefore need to pay taxes to the new country’s tax authorities.

7

Thanks for the advice. Will keep it in mind.