2014-2015 isa

badger09

sparkychris wrote: »

i bought two for £7 so £3.50

So only £1.75 wasted if you had burnt it

badger09

stringer_bell wrote: »

so I can put 11,880 into s&s isa tomorrow, and another 15k in july?

or 11800 tomorrow and 3200 more in july?

£11880 tomorrow + £3120 in July. £15000 total

stringer_bell

badger09 wrote: »

£11880 tomorrow + £3120 in July. £15000 total

ok, thought so.. got my hopes up though

Beckyy

Could anybody recommend some good reading for S&S ISAs please? I haven't had one before but really keen to learn about them.

Archi_Bald

Beckyy wrote: »

Could anybody recommend some good reading for S&S ISAs please? I haven't had one before but really keen to learn about them.

An S&S ISA is nothing more than a tax wrapper for investments. There are literally thousands of funds and shares you can invest in, so you need to start by creating a portfolio that suits your risk profile. If all this means nothing, have a look at this thread for some education material: https://forums.moneysavingexpert.com/discussion/4752194

greenorange

I've just opened a HSBC Loyalty Cash ISA. The rate isn't great, but I'm currently paying off debt, so will only be placing small amounts in there for the next 6 months or so.

Am interested in learning about investments, and have got a few books waiting to be read on the subject, but am currently writing a dissertation, so my head might explode if I decide to start exploring investments right now.

karlie88

greenorange wrote: »

I've just opened a HSBC Loyalty Cash ISA. The rate isn't great, but I'm currently paying off debt, so will only be placing small amounts in there for the next 6 months or so.

Am interested in learning about investments, and have got a few books waiting to be read on the subject, but am currently writing a dissertation, so my head might explode if I decide to start exploring investments right now.

Have you tried making a pizza whilst thinking about investments?

:D:p

lettucekl

Hmmm, I have been considering moving the money in my 2 current cash ISA accounts to a single S&S ISA account (have roughly 3.6k in each) I also have another 5k to add as well. Is this a sound idea seeing as no one is getting !!!!!! all for their cash ISA's anymore......guess I'm going to have to do some reading on the S&S

marathonic

lettucekl wrote: »

Hmmm, I have been considering moving the money in my 2 current cash ISA accounts to a single S&S ISA account (have roughly 3.6k in each) I also have another 5k to add as well. Is this a sound idea seeing as no one is getting !!!!!! all for their cash ISA's anymore......guess I'm going to have to do some reading on the S&S

The general advice is to keep at least three, and preferably six, months worth of living expenses in cash at the best available rates and then consider S&S ISA's.

The last thing you want is to put your £12,200 into an S&S ISA, markets to half, and you to run into an emergency. You'd be forced to liquidate your S&S ISA at what could be the market low.

PeakOwl

I would normally whack the full ISA allocation into a S&S ISA, but what with the markets looking somewhat over-cooked now, and with the increased allocation limit, I'm going to change my approach this year.


I'm probably going to put £5K into the Santander 123 ISA @ 2.3%, and drip feed the remaining £10K of the money into a S&S ISA, so as to control my urge to invest too much too soon into the market, before any correction might play out.