Absolute savings newbie looking for help

Purplesky_2

Take it slowly. You've got time. £500 a month means that you can save or invest £6000 a year.

This isn't enough to fill your ISA allowance, so even if ISA rates go up, you can move £9000 from your 'nest egg' in each year. You could even take advantage of the current accounts year round and move an amount in at the end to a Cash ISA to protect it for long term savings (although lump sum investments aren't likely to be a good fit for you, maybe regular smaller amounts).

We read a lot of books about investing before starting and got the fundamentals.

masonic

It is just me clicking the spam button on these posts above?

Edit: they are gone now

jimjames

masonic wrote: »

It is just me clicking the spam button on these posts above?

Nope! Hopefully a few others will do so too