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Is now the time to look at an S&S ISA?

Afternoon all,

As the title suggests, is not the time to look at a stocks and shares ISA? The rates for a cash ISA seem to be very poor!

Any input of the pros and cons will be appreciated.

Thanks in advance :)

Mr C

Comments

  • grizzly1911
    grizzly1911 Posts: 9,965 Forumite
    Mr_Curious wrote: »
    Afternoon all,

    As the title suggests, is not the time to look at a stocks and shares ISA? The rates for a cash ISA seem to be very poor!

    Any input of the pros and cons will be appreciated.

    Thanks in advance :)

    Mr C

    Who knows.

    Yes ISA cash rates are poor.

    If you transfer an existing cash ISA to a S&S ISA you can't transfer it back to cash later.

    Returns can be better but the investment is more risky, how risky is up to you. You may lose money and they should be considered as medium /long term investments.

    Worth a read.

    http://monevator.com/

    Cavendishonline are currently one of the cheaper platforms.

    Trustnet.com is useful for research, comparisons and portfolio monitoring. Morningstar too.
    "If you act like an illiterate man, your learning will never stop... Being uneducated, you have no fear of the future.".....

    "big business is parasitic, like a mosquito, whereas I prefer the lighter touch, like that of a butterfly. "A butterfly can suck honey from the flower without damaging it," "Arunachalam Muruganantham
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