Inflation proof ISAs

toomsie

Trying to get an inflation proof ISAs appears to be very difficult. Especially considering that the real inflation rate is probably more then the official figure.

This does not seem like a budget for savers to me at all. Just a wonderful opertunity to throw money into the risky stock market or lose it in a savings account.

MoneyMate

Depends who you talk to or how you calculate inflation but you would have to earn around 2.8% tax free and a crystal ball for the next 12 Months for the best way to go.

jimjames

toomsie wrote: »

Trying to get an inflation proof ISAs appears to be very difficult. Especially considering that the real inflation rate is probably more then the official figure.

This does not seem like a budget for savers to me at all. Just a wonderful opertunity to throw money into the risky stock market or lose it in a savings account.

S&S ISA can be as risky as you want it to be but most S&S ISAs with income funds will more than beat inflation as you'll be getting around 4% dividend income.

Even as cash I think the budget has been very good for savers. Tripling the annual cash ISA allowance for those that don't want the higher risk/rewards of S&S means that you can use high interest accounts outside an ISA and still move the money back inside when rates rise again.