These 10 investments turned Stocks and Shares ISA investors into millionaires, so should I buy them all?

There are over 2,000 people who have become millionaires through Stocks and Shares ISAs. I used my success to guide my thinking as I found a tax free place for my investments.

When looking at the base of a millionaire’s portfolio, an analysis by AJ Bell shows the 10 most popular stocks.

shell

It’s not part of my portfolio, but there are clear signs shell can be a good long-term investment. Earnings are strong and analysts predict dividends will grow. There are risks due to exposure to fossil fuels, but investing in renewable energy.

Lloyds Banking Group

In difficult times for global banks, Lloyds Banking Group The stock looks good value to me. ISA millionaires have also taken some short-term losses, but I think now is the time to buy. Last year, net income was up 14% and profit before tax was stable despite a tough market. Dividends also increased by 20%.

BP

I think BP stocks provide a good lesson on long-term investment strategies. While the short-term stock price chart looks volatile, the long-term trend shows growth. Like Shell, fossil fuels are at risk, but they are paving the way for renewable energy. A 4% dividend yield helps investors.

Scottish Mortgage Investment Trust

I have a stake in it Scottish Mortgage Investment Trust, so I know the benefits of a long-term investment strategy. I also understand the recent decline in the share price, which has fallen from £15 to less than £7. However, as a long-term investor, my share price is still up 50% in five years.

Aviva

For investors, the best Aviva The stock is dividend yielding, currently over 7%. Moreover, the stock price has been in the past decades. Whether it’s a millionaires’ favorite ISA or not, it’s not for me.

GSK

GSK seems to have a healthy future with a renewed focus on pharmaceuticals, while Haleon take consumer health. City analysts are predicting a dividend yield of more than 4% for the next two years and I expect the share price to rise, so I’m holding onto my shares.

Rio Tinto

I sold my password Rio Tinto investment at the right time when I question whether it can continue to generate long-term stock growth. Since then, the stock has fallen sharply. Recent cyber attacks are also a concern.

HSBC

It may be a good time to buy such stalwarts HSBC. The share price has suffered another crash, despite adjusted earnings and profits last year.

Diageo

If it’s good enough for Warren Buffett, it’s good enough for me. Diageo it is one of the priorities to buy before the ISA deadline. The stock is up 50% in five years and has a reliable, if modest, dividend.

National Grid

National Grid has been a solid player in the portfolio for years and the latest results show that it is likely to continue. With operating profit up 44% and a commitment to increase the dividend to deliver a steady yield of around 5%, it is my long-term star player. The main risk is whether it will be nationalized under the new government.