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Silly question about cash isas
dc2447
Posts: 274 Forumite
Both me and the mrs have cash isa's with FD. I have about 5k in mine, ands she has about 2k.
The question is, I know it's obviously a good thing to pay into a cash ISA becaue of the tax break but is it wise to just keep tipping in the monthly payments ad finitum? Is there a point where it becomes better sense to move the balance on to somewhere that will do better?
The caveat is that I don't really want too much risk.
Thoughts?
The question is, I know it's obviously a good thing to pay into a cash ISA becaue of the tax break but is it wise to just keep tipping in the monthly payments ad finitum? Is there a point where it becomes better sense to move the balance on to somewhere that will do better?
The caveat is that I don't really want too much risk.
Thoughts?
No links in signatures please.
0
Comments
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Depends how much risk you want to take.
Virtually anything which has the potential to outperform a cash ISA will have some element of risk.0 -
but you can get better rates than what FD offer ...once any introductory bonus has expired.God save the King!
I'll save Winston Churchill, Jane Austen, J. M. W. Turner and Alan Turing.0
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