For starters, (at time of writing this answer) there's no sass syntax that uses selector&. If you were going to do something like that, you'd need a space between the selector and the ampersand. For example:
.item {
.helper & {
}
}
// compiles to:
.helper .item {
}
The other way of using the ampersand is probably what you're (incorrectly) looking for:
.item {
&.helper {
}
}
// compiles to:
.item.helper {
}
This allows you to extend selectors with other classes, IDs, pseudo-selectors, etc. Unfortunately for your case, this would theoretically compile to something like .itema which obviously doesn't work.
You may just want to rethink how you're writing your CSS. Is there a parent element you could use?
<div class="item">
<p>text</p>
<p>text</p>
<a href="#">a link</a>
</div>
This way, you could easily write your SASS in the following manner:
.item {
p {
// paragraph styles here
}
a {
// anchor styles here
}
}
(Side note: you should take a look at your html. You're mixing single and double quotes AND putting href attributes on p tags.)