Cash within Share ISA

mn1

I have some cash that I transferred to my Share ISA . I have not decided on an investments yet.
Is there any investment that might an option if I want to hold on to the money for the time being ? Something that might be similar to a Cash ISA in terms of low return but low risk ?
Thanks

csgohan4

how long would you define 'time being'? You could consider bonds which are historically low risk, but they are long term investments. 

no issues with keeping cash there, I have cash in my LISA and I am still undecided where to invest but likely bolster up my current portfolio rather than add new funds

mn1

csgohan4 said:

how long would you define 'time being'? You could consider bonds which are historically low risk, but they are long term investments. 

no issues with keeping cash there, I have cash in my LISA and I am still undecided where to invest but likely bolster up my current portfolio rather than add new funds

I would like to decide on an investment in the next few weeks/months ?
I hope you do not mind me asking, by keeping cash there, aren't you concerned regarding missing out on returns from investments ? This is my concern. 

lvjc2

Well presumably the textbook answer will be that S+S are for the long term not that short term. Though perhaps you could look at it as taking a big wide fund then narrowing it down at your later date? You'll pay fees to buy and then to sell though?
The danger of this, if it was me, would be not getting around to it for longer than you expect, and potentially missing out. 

csgohan4

mn1 said:

csgohan4 said:

how long would you define 'time being'? You could consider bonds which are historically low risk, but they are long term investments. 

no issues with keeping cash there, I have cash in my LISA and I am still undecided where to invest but likely bolster up my current portfolio rather than add new funds

I would like to decide on an investment in the next few weeks/months ?
I hope you do not mind me asking, by keeping cash there, aren't you concerned regarding missing out on returns from investments ? This is my concern. 

I just haven't found time to top my funds, probably for the best, the funds have dropped recently, I am in no rush, they are for the long term not short term.  My Main ISA's on the other hand are fully invested as they are individual shares, so time is critical there. 

Albermarle

mn1 said:

csgohan4 said:

how long would you define 'time being'? You could consider bonds which are historically low risk, but they are long term investments. 

no issues with keeping cash there, I have cash in my LISA and I am still undecided where to invest but likely bolster up my current portfolio rather than add new funds

I would like to decide on an investment in the next few weeks/months ?
I hope you do not mind me asking, by keeping cash there, aren't you concerned regarding missing out on returns from investments ? This is my concern. 

Normally if you want to have cash , it is better to have it in a savings account/cash Isa.
If you want to be invested then that is what you should do.
Keeping cash in a S&S ISA should only be for short periods as it earns zero . How much you have for how long is just up to you .

jimjames

mn1 said:

csgohan4 said:

how long would you define 'time being'? You could consider bonds which are historically low risk, but they are long term investments. 

no issues with keeping cash there, I have cash in my LISA and I am still undecided where to invest but likely bolster up my current portfolio rather than add new funds

I would like to decide on an investment in the next few weeks/months ?
I hope you do not mind me asking, by keeping cash there, aren't you concerned regarding missing out on returns from investments ? This is my concern. 

With current interest rates even if you had the full £20k uninvested you'd be getting less than £2 per week interest at 0.5% but assume from your comment that it's significantly below that. Historically when rates were higher it wasn't really worth keeping much cash there but it makes very little difference now. If you are worried about missing out on returns then why not just invest the money and problem solved?

mn1

jimjames said:

mn1 said:

csgohan4 said:

how long would you define 'time being'? You could consider bonds which are historically low risk, but they are long term investments. 

no issues with keeping cash there, I have cash in my LISA and I am still undecided where to invest but likely bolster up my current portfolio rather than add new funds

I would like to decide on an investment in the next few weeks/months ?
I hope you do not mind me asking, by keeping cash there, aren't you concerned regarding missing out on returns from investments ? This is my concern. 

With current interest rates even if you had the full £20k uninvested you'd be getting less than £2 per week interest at 0.5% but assume from your comment that it's significantly below that. Historically when rates were higher it wasn't really worth keeping much cash there but it makes very little difference now. If you are worried about missing out on returns then why not just invest the money and problem solved?

Totally agree with you about interest rates. 
Why not just invest the money ? In all honesty I am afraid of a correction in this boiling market. I know I might be regretting today's hesitation after few months. I am hoping one would say a statement that resonates and help me stop trying to time the market

george4064

mn1 said:

jimjames said:

mn1 said:

csgohan4 said:

how long would you define 'time being'? You could consider bonds which are historically low risk, but they are long term investments. 

no issues with keeping cash there, I have cash in my LISA and I am still undecided where to invest but likely bolster up my current portfolio rather than add new funds

I would like to decide on an investment in the next few weeks/months ?
I hope you do not mind me asking, by keeping cash there, aren't you concerned regarding missing out on returns from investments ? This is my concern. 

With current interest rates even if you had the full £20k uninvested you'd be getting less than £2 per week interest at 0.5% but assume from your comment that it's significantly below that. Historically when rates were higher it wasn't really worth keeping much cash there but it makes very little difference now. If you are worried about missing out on returns then why not just invest the money and problem solved?

Totally agree with you about interest rates. 
Why not just invest the money ? In all honesty I am afraid of a correction in this boiling market. I know I might be regretting today's hesitation after few months. I am hoping one would say a statement that resonates and help me stop trying to time the market

Will you be adding further new money to your Stocks & Shares ISA? Perhaps a monthly regular investment? 

If so, for markets to drop may actually be a GOOD thing since your monthly investments will be buying more units due to the lower unit price than last month or the month before or whatever.

If you are simply investing a lump sum and won’t be adding further contributions then statistically speaking you’d be best to invest it all as soon as you can. If you want to try time the market/it makes you feel better then just spread out your lump sum investment over whichever time period you wish, so maybe £5k a month for the next four months or for the next four quarters.

Sea_Shell

We put £2000 in our ISA and haven't invested it yet.   Basically, it was "spare" money that we'd hadn't spent, so we shoved it in there before the end of the tax year, as we know that we will be filling our ISAs over the next couple of years, with other money, and so wanted to make use of the spare allowance.   

We haven't invested it yet, as we might need to draw it back out, but if we don't need it by September (when other fixed term cash funds mature) then it'll get invested.

We are basically running down our instance access cash, between now and September, which has all been strategically budgeted for.   

MX5huggy

mn1 said:

jimjames said:

mn1 said:

csgohan4 said:

how long would you define 'time being'? You could consider bonds which are historically low risk, but they are long term investments. 

no issues with keeping cash there, I have cash in my LISA and I am still undecided where to invest but likely bolster up my current portfolio rather than add new funds

I would like to decide on an investment in the next few weeks/months ?
I hope you do not mind me asking, by keeping cash there, aren't you concerned regarding missing out on returns from investments ? This is my concern. 

With current interest rates even if you had the full £20k uninvested you'd be getting less than £2 per week interest at 0.5% but assume from your comment that it's significantly below that. Historically when rates were higher it wasn't really worth keeping much cash there but it makes very little difference now. If you are worried about missing out on returns then why not just invest the money and problem solved?

Totally agree with you about interest rates. 
Why not just invest the money ? In all honesty I am afraid of a correction in this boiling market. I know I might be regretting today's hesitation after few months. I am hoping one would say a statement that resonates and help me stop trying to time the market

Why not hold it in something like Vanguard Life Style 20/80, seems to me you have investments already so if there’s big drop coming you’ll be glad of the smaller drop on this, but you’ll benefit if the rise keeps going.