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what to do about my isa ?
Zeusiblue
Posts: 298 Forumite
hi just looking for a bit of advice please...
i have an isa which will mature this april. i was thinking of carrying on investing my money into an isa. however with the isa interest rates being so low i was wondering if it would be better to pay off a lump sum off my mortgage.that way i would be cutting the interest i pay on my mortgage. does that seem a better idea or would it be sensible to invest in an isa again? any advice would be helpful thank you
i have an isa which will mature this april. i was thinking of carrying on investing my money into an isa. however with the isa interest rates being so low i was wondering if it would be better to pay off a lump sum off my mortgage.that way i would be cutting the interest i pay on my mortgage. does that seem a better idea or would it be sensible to invest in an isa again? any advice would be helpful thank you
0
Comments
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Difficult one without all the facts. Depends on many individual factors inc your mortgage (amount, time left etc etc), salary, family, plans, age, interest etc etc. A decision only you can really make. Me personally - I used it all to reduce/get rid of my mortgage.0
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