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Stocks and shares ISA

d712
Posts: 235 Forumite
Hello
I've been reading up on investing and am seriously considering looking at stocks and shares for the first time. I've thought about it before but this is the first time I'm looking at it properly.
I was thinking of investing in a range of unit trusts and index funds.
Can I put invest money in those within an ISA and if so how is it done?
Many thanks
I've been reading up on investing and am seriously considering looking at stocks and shares for the first time. I've thought about it before but this is the first time I'm looking at it properly.
I was thinking of investing in a range of unit trusts and index funds.
Can I put invest money in those within an ISA and if so how is it done?
Many thanks
0
Comments
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Hmh, that guide doesn't mention unit trusts and index funds. I intentionally, so it says, doesn't talk about what you can pit into an S&S ISA. The answer to the OP's question is of course still an emphatic 'yes'. Most people don't actually buy stocks and shares in their ISAs, but instead buy funds.
Chapter 7 of this HMRC guide details what can go into S&S ISAs: http://www.hmrc.gov.uk/isa/isa-guidance-notes.pdf
Better sites for investment information include: http://monevator.com/simplest-possible-isa-portfolio/
http://www.thisismoney.co.uk/money/guides/article-1687065/How-invest-funds-unit-trusts-oeics-investment-trusts.html0
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