We're aware that some users are experiencing technical issues which the team are working to resolve. See the Community Noticeboard for more info. Thank you for your patience.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

ISA

Options
Hi
I Am new to the above thus need to know what amount is for husband and wife 
and which is best as investment ISA only or ISA and shares and if fixed is best for 2 yrs and  any offer unlimited access to pot 

Comments

  • Alistair31
    Alistair31 Posts: 978 Forumite
    Seventh Anniversary 500 Posts Name Dropper
    What a jumble.

  • aayush
    aayush Posts: 1,295 Forumite
    Part of the Furniture 500 Posts Name Dropper
    What a jumble.

    what do you require to answer my question as i think it simple 

  • dunstonh
    dunstonh Posts: 119,612 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    Your question is not clear.  You may wish to look again and correct.
    I Am new to the above thus need to know what amount is for husband and wife 
    ISAs cannot be joint. The data is stored under your NI number.  So, you have a contribution allowance each of £20,000 allowing a total of £40,000
    and which is best as investment ISA only or ISA and shares

    There is no one best option that fits all.  It depends on how you want to invest, what software functionality you want and amounts involved along with how you value service.

    s and if fixed is best for 2 yrs and  any offer unlimited access to pot 

    Investments are open ended.   You certainly wouldn't invest for just two years. That is far too short.   An economic cycle is around 10 years+   So, that is the sort of timescale you should be looking at as a minimum.  You could get away with a bit less 5-7 years+ but time dilutes the risk.  Short term increases the risk.

    I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 350.8K Banking & Borrowing
  • 253K Reduce Debt & Boost Income
  • 453.5K Spending & Discounts
  • 243.8K Work, Benefits & Business
  • 598.6K Mortgages, Homes & Bills
  • 176.8K Life & Family
  • 257K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.