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S&s isa

I'm looking to invest 12k. However, I only discovered S&S ISAs about a week ago and have so far found them very confusing - or rather the investments that go into them. This is despite spending an extensive amount of time trying to research them.

Does anyone know of a decent resource which explains the different types of investments in a way that is friendly to a novice? I'm reasonably young so do not have very much financial knowledge other than the basics about savings accounts and cash ISAs etc.

Many thanks.

Comments

  • Ark_Welder
    Ark_Welder Posts: 1,878 Forumite
    For an overview, you could have a look here for starters. Perhaps come back with any questions afterwards:

    http://www.direct.gov.uk/en/MoneyTaxAndBenefits/ManagingMoney/SavingsAndInvestments/index.htm
    Living for tomorrow might mean that you survive the day after.
    It is always different this time. The only thing that is the same is the outcome.
    Portfolios are like personalities - one that is balanced is usually preferable.



  • gadgetmind
    gadgetmind Posts: 11,130 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    I find the monevator web site a good source of info. You'll have to read a fair few articles as I don't know of a good summary, but he style is very readable.
    I am not a financial adviser and neither do I play one on television. I might occasionally give bad advice but at least it's free.

    Like all religions, the Faith of the Invisible Pink Unicorns is based upon both logic and faith. We have faith that they are pink; we logically know that they are invisible because we can't see them.
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