We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
PLEASE READ BEFORE POSTING: Hello Forumites! In order to help keep the Forum a useful, safe and friendly place for our users, discussions around non-MoneySaving matters are not permitted per the Forum rules. While we understand that mentioning house prices may sometimes be relevant to a user's specific MoneySaving situation, we ask that you please avoid veering into broad, general debates about the market, the economy and politics, as these can unfortunately lead to abusive or hateful behaviour. Threads that are found to have derailed into wider discussions may be removed. Users who repeatedly disregard this may have their Forum account banned. Please also avoid posting personally identifiable information, including links to your own online property listing which may reveal your address. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide
ISA - Help Please...
Mrs_SC
Posts: 1 Newbie
Could you please advise ..?
Our ISA has lost £3000 during last six months. Should we cash it ? Or should we leave it.. ?
Many Thanks
Our ISA has lost £3000 during last six months. Should we cash it ? Or should we leave it.. ?
Many Thanks
0
Comments
-
I think you've got this in the wrong board - you'd be better off in savings and investments.
However, I guess you have a stocks and shares isa. Depending on the overall value of the investment it might be better to stay put. If you had 3k and you now have 1p you may as well roll with it.
If you have a substantial sum transferring your isa to a better performing investment could be prudent. I would try and find out what equities the isa is invested in, who is managing the fund, what is their record etc. Its not going to be stella on the stock market for a while but a good fund manager can still turn you a profit, depends on if you think its worth the grey hairs.
Personally I found hitting F5 every 5 minutes when I was meant to be working wasnt worth it so I now have a boring old bank account.0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 354.4K Banking & Borrowing
- 254.4K Reduce Debt & Boost Income
- 455.4K Spending & Discounts
- 247.3K Work, Benefits & Business
- 604.1K Mortgages, Homes & Bills
- 178.4K Life & Family
- 261.6K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards