New Post Advanced Search

Which high risk specialist fund ISA?

edited 30 November -1 at 1:00AM in ISAs & Tax-free Savings
1 reply 1.7K views
CarpyQSCarpyQS Forumite
24 posts
edited 30 November -1 at 1:00AM in ISAs & Tax-free Savings
I have between £3k & £6k to put into a high risk specialist fund ISA for 1-2 years. What are my options? and what gives the highest yield/risk and is still easily with drawn witin say 2 months?

thanks in advance

Replies

  • dunstonhdunstonh Forumite
    102.8K posts
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    ✭✭✭✭✭✭
    Investing in a high risk fund for 1-2 years is not a sensible thing to do. The volatility associated with high risk funds means you could up with double your investment or end up with fraction of the amount you invest. Over the longer term, the risk goes down.

    Usually with high risk funds, you only know the best areas after the growth has already been achieved.

    Any fund supermarket (selestia, cofunds, fundsnetwork for example) will get your money to you in 1-3 weeks after receiving your request.
    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.
This discussion has been closed.

Quick links

Essential Money | Who & Where are you? | Work & Benefits | Household and travel | Shopping & Freebies | About MSE | The MoneySavers Arms | Covid-19 & Coronavirus Support