What will you be doing with your 2011 ISA allowance

newcastleneil

Just thought I,d enquire what folk will be doing with their 2011 cash ISA allowance (not the share part) .Will you be fixing it for a year ,two years etc .I was going to put mine in the Halifax for four years fixed at 4.25 like I did last year .But Im open to any advice from anybody

Thanks

And yes I was at SJP on Saturday .Up Yours Arsene Wenger .:rotfl::rotfl::rotfl::rotfl::rotfl::rotfl::rotfl::rotfl::rotfl::rotfl::rotfl::rotfl::rotfl::rotfl::rotfl::rotfl::rotfl::rotfl::rotfl::rotfl::rotfl::rotfl::rotfl:

Loughton_Monkey

Firstly, I'm going to wait until March when, hopefully, some bright new 'deals' might hit the streets.

I will certainly not be fixing for 4 years. Far too long for my own comfort zone, especially since we are 90% certain of a Base Rate Rise sometime soon. And when we see the first, I am personally convinced it will keep going up 0.25 at a time.

Trouble is, that's just 'opinion' and I could well have egg on my face.

soulsaver

If there's nowt better than todays rates I'll be putting my cash bit in.... shares.

tradetime

Cash part will be joining the share part as always.

jimjames

tradetime wrote: »

Cash part will be joining the share part as always.

Same here. Never had a cash ISA and 2011 isn't going to be the year to start!

I'd be very wary of any long term fixes when rates are likely to increase this year.

Lokolo

I will be topping up my Halifax Reward ISA. When I start my job I will most probably open up Satander First Home Saver thing.

Not going to use S&S ISA unless I still have leftover money but I will be using my savings to most probably use as a house deposit.

Jonbvn

We have too much in cash which is rapidly losing value vs. inflation. Accordingly, we are targetting putting all future ISA money into S&S. Obviously, should circumstances change, we will reconsider our options.

Wobblydeb

I'm another person who has enough cash, so will be putting mine into S&S ISA.

The amount in cash from previous years finishes a one year deal fairly soon, and I am tempted with the M&S 3 yr fix. The penalty for early withdrawal is a flat £100, which equates to a couple of months interest which isn't too bad....

adonis10

Those who are putting it in stocks and shares ISA - is this fund managed by yourselves or a tracker style ISA?

I'm starting to build a bit of excess cash that I'm looking to 'invest'. Not an awful lot, but a couple of grand for now. Have enough saved in standard, no risk accounts and would like to be a little more adventurous. It's obviously not enough to start a portfolio (I'm doing this with a demo account to learn the ropes) so am thinking that tracker fund is the way to go.

edinburgher

Those who are putting it in stocks and shares ISA - is this fund managed by yourselves or a tracker style ISA?

Very few of us manage our own funds - although plenty of people buy their own, individual shares

If (as I suspect), you're talking about trackers vs managed funds, I have some of each.

I'll be transferring in £5k or so into a cash ISA from our instant access 'emergency fund' to get the favourable tax treatment, our actual savings from salary will be going into a mix of funds and Zopa.

Wobblydeb

adonis10 wrote: »

Those who are putting it in stocks and shares ISA - is this fund managed by yourselves or a tracker style ISA?

S&S ISA isn't a fund - it's a tax wrapper, so can hold bonds, shares, funds (including trackers) etc.

Mine is in shares - 10 different companies at the moment, including smaller/riskier stuff.

My pension has the steady eddy funds.