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Index Tracking ISAs

Hi,
I'm trying to invest some additional money every month now but im not sure what to invest in. I've thought about Index tracking ISAs does anyone think this would be a good idea? as i'd be planning to keep invest for 5-10 yrs

Thanks

Comments

  • a7man
    a7man Posts: 365 Forumite
    Index tracking ISAs are a good way to start as they are well diversified and have average risk rating (FTSE trackers). You can also see how your money is fluctuating due to market figures being released each day.

    There are funds that in general perform better than the trackers though and also invest in UK equities (Eg. Invesco Perpetual High Income).

    Cofunds & Fidelity both offer v good S&S ISAs
    Living the good life spending all my money but loving it!!
  • Grz.26
    Grz.26 Posts: 317 Forumite
    Hi James138,

    I am in the same position as you, and looking to invest in a index tracking ISA from the advise of https://www.fool.co.uk. As I have not invested before, I am not entirely sure how I go about it; can any one help me?

    http://www.fool.co.uk/news/investing/investing-strategy/2008/12/12/how-to-invest-in-shares-for-the-first-time.aspx?source=uemfoleml0010038

    Rich.
  • dunstonh
    dunstonh Posts: 120,033 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    I am in the same position as you, and looking to invest in a index tracking ISA from the advise of www.fool.co.uk.

    You should be aware that the fool article carries a lot of misinformation (mainly as its based on the US fool site where taxation on trackers and managed funds is different) and is considered biased as they sell trackers.

    Whilst there can be very good reasons for being in a tracker, you should verify the reasons you are doing it and not rely on fool.
    I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.
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