Invest lump sum now

Mick70

Morning 
if I have £5k I can invest this week .
I have seen my S&S ISA fall 15% which I know should eventually return .
is now a good time to pay this lump sum in or is now a good time to pay into bank savings ?

thanks 
mick 

jim8888

When do you think you'll need the cash? If it's not for five years, now is always a good time to invest.

MX5huggy

Now- presuming it’s not your every last penny to your name, you are anticipating holding for at least 5 years and likely 10, you will have more money to invest in the next 6 months to 1 year and you’re investing in some broad diversified global fund. 

Oh and consider a pension over an ISA .

Audaxer

Mick70 said:

Morning 
if I have £5k I can invest this week .
I have seen my S&S ISA fall 15% which I know should eventually return .
is now a good time to pay this lump sum in or is now a good time to pay into bank savings ?

thanks 
mick 

Now would be a better time to invest it than if you were to wait until your 15% fall has been recovered, and then invest it.

sheslookinhot

You might be better waiting a month or two, or six months, or a year or two. Who knows.

It depends on when you want access to the 5k.

[Deleted User]

Now is always the best time - unless you have a crystal ball

Albermarle

is now a good time to pay this lump sum in or is now a good time to pay into bank savings ?

If you are really asking ' has the market reached the bottom' then nobody can tell you that, unless they can see the future .

Mick70

MX5huggy said:

Now- presuming it’s not your every last penny to your name, you are anticipating holding for at least 5 years and likely 10, you will have more money to invest in the next 6 months to 1 year and you’re investing in some broad diversified global fund. 

Oh and consider a pension over an ISA .

already paying maximum contributions into my DC pension - 40k

Have a DB pension and trying to pay max into dc pot and then some into s+s isa  (dont have much in bank, although wife pension savings is almost 50/50  bank and then dc pension/s+s isa ),  hoping to retire in 5 years time so possibly need access then