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  • FIRST POST
    • sassie.chance
    • By sassie.chance 20th Mar 17, 1:18 PM
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    sassie.chance
    Lifetime isa
    • #1
    • 20th Mar 17, 1:18 PM
    Lifetime isa 20th Mar 17 at 1:18 PM
    If i invest with one of the three stock & shares companies does it work exactly the same as an investment in a bank or a building society?
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    • jimjames
    • By jimjames 20th Mar 17, 1:26 PM
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    • 20th Mar 17, 1:26 PM
    • #2
    • 20th Mar 17, 1:26 PM
    If i invest with one of the three stock & shares companies does it work exactly the same as an investment in a bank or a building society?
    Originally posted by sassie.chance
    Yes. But I'm not sure if that's what you mean. You wouldn't normally use a bank for investments as they're not competitive with high fees and tend to offer very restricted choice of funds to invest in.

    Did you think it was like a cash deposit account?
    Remember the saying: if it looks too good to be true it almost certainly is.
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