ISA decision?

TUVOK

I have always invested and for many years the maximum amount in yearly cash ISA's. so have accumulated a number of cash ISA's totalling £100K.
I have however over the last five years invested either 100% or close to it in a Stocks and Shares ISA.
Due to the very low interest rates available on cash ISA's this year, I have transferred about £30K already to an existing S&S ISA I have.
My query is that I have approximately £70K left which I could re-invest in a cash ISA and obtain perhaps £500-00 total interest or transfer it all to an existing S&S ISA.
I find myself hesitating, I've invested in stocks and shares for over 30 years, so I'm used to investing large amounts at times.
So why am I debating with myself about doing this, perhaps other forum members are in the same position?
If I decide to totally go for S&S ISA, where to invest such a large amount,( at least to me) in a world tracker, a vanguard fund or secure funds such as Capital Gearing, CG Absolute etc or a mix of all three?
I would be happy to just exceed what I could obtain from a cash ISA, so I'm looking for secure homes for this cash.
Idea's, comments , please would be most welcome. 

cattie

You don't say how old you are, what your situation  is pension wise, whether you have any long term goals for the money you've saved or just would like to see it grow.

I've already reached retirement, my home is paid for, pension isn't large but my needs are minimal & as my fixed term savings account mature, I'm putting them into my S&S  isa, which is where the bulk of my money now is.  Money for emergencies & easy access is in premium bonds & it's nice to have a win, even though small so far, every couple of months. Having lived through stock market dips before I know that eventually there should be gains, but it sounds as if you'd possibly be unhappy should there be much of a dip in the markets.

Perhaps consider something along the lines of HSBC Global Strategy Balanced, or one of the Vanguard Life Strategy funds & then one of the wealth preservation funds you've mentioned such as Capital Gearing. I've both the HSBC fund & one of the Vanguard LS, but a handful of active managed funds too, though do intend redirecting most of the active managed funds into one of the wealth preservation funds in the following tax year.   You could start off with smaller amounts & then when you felt more positive, start transferring some of the cash accounts into your S&S isa.

TUVOK

Thanks for the reply.
I'm retired, have house paid for plus have pensions and cash reserve, so investment is really for inheritance purposes

DireEmblem

If you have family, could start investing for them now - help fill up their LISA and alike?

TUVOK

Yes, currently adding to a ISA in their name for them.

Albermarle

It sounds like you have some long experience of investing and managing personal finances successfully .
So not sure anybody can answer your question as it is a personal decision .
I would be happy to just exceed what I could obtain from a cash ISA, so I'm looking for secure homes for this cash.
As a long term investor , you will know that the only secure and safe home for cash is in a bank.
or secure funds such as Capital Gearing, CG Absolute etc or a mix of all three?
These are not secure funds. They are risk based investments that AIM for some stability as their priority .

underground99

TUVOK said:

My query is that I have approximately £70K left which I could re-invest in a cash ISA and obtain perhaps £500-00 total interest or transfer it all to an existing S&S ISA.

If I decide to totally go for S&S ISA, where to invest such a large amount,( at least to me) in a world tracker, a vanguard fund or secure funds such as Capital Gearing, CG Absolute etc or a mix of all three?
I would be happy to just exceed what I could obtain from a cash ISA, so I'm looking for secure homes for this cash.

If the goal is only to 'just exceed' what you could get from a cash ISA - perhaps to match inflation - there should be no need to stuff the money into something whose value would be volatile and could drop 50% over the course of a year or two, such as a world tracker. 

Still, if you are not going to need the money for later life healthcare or something important and it will just be for inheritance, the inheritors might with hindsight be quite happy that it has been invested in global equities for greater growth potential rather than capital protection.  If it was at a low value because of adverse markets at the time they inherit, they could keep it invested until markets were no longer low. If they can't wait because they need the money sooner rather than later, you could just give them the cash now and let them make their own decisions.

TUVOK

Albermarle said:

It sounds like you have some long experience of investing and managing personal finances successfully .
So not sure anybody can answer your question as it is a personal decision .
I would be happy to just exceed what I could obtain from a cash ISA, so I'm looking for secure homes for this cash.
As a long term investor , you will know that the only secure and safe home for cash is in a bank.
or secure funds such as Capital Gearing, CG Absolute etc or a mix of all three?
These are not secure funds. They are risk based investments that AIM for some stability as their priority .

Yes, quite correct re 'secure funds' as you say no fund is secure.
These funds are in the main capital preservation, hopefully they can do their job, but could be a scenario that could expose them too, problematic times for anyone trying to keep pace with inflation, and again as you say, I will have to bear that in mind. 

DrSyn

You could go through all the following portfolio constructions, to see if they suit your better than CGT or a simple global multi - asset fund with a 60/40 share/bond split. There is a lot of data to look!
https://portfoliocharts.com/portfolios/

jimjames

TUVOK said:

Thanks for the reply.
I'm retired, have house paid for plus have pensions and cash reserve, so investment is really for inheritance purposes

If it's for inheritance purposes then surely the value at any point in time is irrelevant and investing it would make sense to try to ensure it at least matches inflation?

TUVOK

That's my aim, to invest in order to at least match inflation and hopefully increase the amount by a small percentage.