stocks and shares ISA

cwmbowydd

Can anyone help PLEASE???????? We have a stocks and shares ISA which we pay £80 a month into. It has dropped from £11,000 down to £6,000 but has recently gone up to £7,000. Should we ride with it or draw it all out before we lose the lot??

a7man

Did you decide on the funds to invest in yourselves? Ii sounds like you have invested outside your risk level - what funds are you invested in? A 37% drop can be expected in this climate but the huge fluctuations are likely to be due to high risk funds.

I wouldnt say to take the money out uness you need it - I would say you need to rebalance & change your portfolio.

benood

Stick with it and most importantly keep investing every month - I actually upped the amount I was contributing every month in about 2001 and was showing hideous losses by late 2003 (-20% annual return) - by middle of last year it all looked much better (13% annual return) naturally now it's rubbish again!

If my experience is any guide you'll find your next crash easier to take!