As an investor, the long -term investment horizon of ISA shares appears to me. We hope that it will withdraw some money, support me build wealth for years and decades.

But this can also let me earn income on the way thanks to dividends that pay some shares.

Here’s how, if the investor now had 20,000 pounds to invest in ISA, he can strive to earn an average of 27 pounds in dividends every week for the rest of his life.

Cash in a low period of time, without waiting

My own approach to the ISA action and action usually includes the so -called connection. This means reinvesting dividends or profits to build a enormous portfolio and, hopefully, earn even more.

But the alternative is possible. Today, the investor could simply invest his ISA in dividend shares and start to take out passive income as they arrive.

This means that dividends are not completed, as in my portfolio. But it has the advantage that ISA can start generating dividends within a few weeks. This means that the investor does not have to wait for years or even decades to receive them.

The obvious first step is to compare many ISA actions and shares, which are available on the market, and make a conscious choice about what seems to be the most suitable. Not all investors are built the same – just like all ISA.

Focusing on quality first, income prospects secondly

The average weekly dividends of 27 pounds would require $ 20,000 and ISA shares for obtaining 7% on average.

It is more than twice as much as the average performance FTSE 100 Index of leading companies. However, I believe that this can be achieved on the current market by distributing money into a diverse collection of Blue-Chip shares with a proven potential for generating income.

However, it is vital not to let the tail have a dog. No dividend is never guaranteed, so buying participation only because it now has high dividend performance can be a valuable trap.

Instead, the investor should look at the likely source of future dividends, for example, considering how the company’s free cash flows look like evolution in time.

Business growth potential, with dividends to be launched

As an example of one company, I believe that investors should consider their shares and shares in ISA, FTSE 100 Asset Manager M & G (LSE: MNG) has a policy of striving to maintain or boost dividends for action each year. The current performance is far over 8%.

I like the sturdy brand of the company, a enormous customer base and deep experience in the resource management space. One of the risks that was consistently about me recently in connection with the participation is the fact that investors withdrew more money from the company’s basic activity than they put.

In my opinion, this is the risk of profits in the long term. However, last week news appeared with a enormous connection with a enormous Japanese financial service company. I think it can support M&G grow.

Meanwhile, he proved that his activity has sturdy possibilities of generating cash – something that I hope can keep a juicy dividend.