How do you split up your isa allowance between cash and s&s

kidmugsy

Savings_Dave wrote: »

This year's best cash ISA hunting is going to be interesting I already have a two-year fixed which matures in February and another one in May

Are you going to consider transferring those to an S&S ISA?

Doshwaster

In terms of current holdings, I am about 30% in Cash ISA and 70% in S&S.

On a monthly basis, I contribute to both on a 50:50 basis. Ad-hoc top ups usually go into one of the funds in the S&S ISA

longwalks1

Last 2 years have put my full amount into a self select S&S ISA, and pretty pleased with it. Turned £23k ish into £30k, so a better return than any normal ISA.


Thanks to Vectura and Greencore if you are reading


And I will put my full amount into it come April too

billchecker1

I have a fairly secure job (I hope) and am covered insurance wise for injury etc.


Therefore I have a piddly amount of just £100 in cash ISA at the moment. I put £5 a month in to it and this "pot" is just used for the odd occasions when I have an emergency. I would ideally like this to be around £3k in case of boiler/car breakdown but see no reason to rush into it at the moment as I can still use a 0% card or my stoozing pot to take care of this.


Nearly all of my saving are in S+S ISA with some in a credit union account which I keep as my car fund (again another source of cash should an emergency happen).


Im 33 and have a long outlook on investment so that's why I choose to do it this way.

longtermplanner

I like to keep about 6 months expenditure in easy access cash accounts as a rainy day fund, so this doesnt get used for holidays etc.

Then I have a regular monthly savings amount going into our ISAs and overpaying the mortgage. If I need to use a chunk of the rainy day fund (eg replace the boiler) then I reduce my monthly savings and replenish the rainy day fund.

bownyboy

I have £6k sitting in cash ISA at 2% (expires end of March), £2k in a Tesco instant access at 2% and a new S&S ISA which I will be filling up to the max going forward (currently £1250).

Like others have said rates are so low and even a FTSE index tracker fund will beat savings rates over the mid to long term.