Transferring my cash Isa to a Halifax share dealing account.Suggestions on which fund to invest in.

jimjames

Wrexham68guns said:

Thankyou,I think with the shares I have chosen I have checked share and dividend history and just feel that I can make more money with the high yields and re investing dividends than getting 0.3% in the building society.I do realise dividends could change in the future.But for my isa I want something different.El Torro what kind of percentages of growth would you be happy with over a five year period.

It's not the dividends you need to worry about although that is one element. The dividend rate advantage could be completely wiped out if the share price drops 30% or 50% or more which is entirely possible with an individual share. If you were investing in an investment trust for example you would have your money spread over many shares so the risk of one doing badly and affecting your portfolio is much lower. Some trusts have 50 year plus records of increasing dividends. Your shares also look very biased towards insurance companies so aren't very balanced to other areas. If something affected insurance overall then you'd be far worse off than if it was spread over other sectors.