The Right Time to Invest in This Year's ISA

MissHap

Having not yet invested this years ISA allowance and given the recent political changes, should I invest now or wait??

Kim_13

I can't imagine they could make any changes to ISAs before April. If they were to suddenly say that the ISA limit is reduced to £5k (for example) then those that have already used their allowance would be placed in breach of the regulations when they simply followed the rules as they were at the time.

I personally will be adding to mine as Regular Savers mature between August and tax year end.

mebu60

Cash ISA - now, rates are currently on a downward trajectory.

S&S ISA - depends on multiple factors more to do with you than any change in government. 

Albermarle

MissHap said:

Having not yet invested this years ISA allowance and given the recent political changes, should I invest now or wait??

Seems unlikely that there will be any change to ISA limit. 

Markets have been very stable since the election was announced 6 weeks ago and the Labour win.

MissHap

Probably should have bit the bullet when they were over 5% still, only about £50 difference.

kempiejon

MissHap said:

Having not yet invested this years ISA allowance and given the recent political changes, should I invest now or wait??

I always invest mine soon as I can, maximising my tax free gains. The only benefit of the ISA is being exempted from the taxes. Cash, interest rates are not the very best in ISAs but mitigate the tax potential liable on interest. Funds, Stocks and shares, the ISA has nothing to do with how they behave.

Like the man said now is the best time to start.

badger09

MissHap said:

Having not yet invested this years ISA allowance and given the recent political changes, should I invest now or wait??

Do you mean invest, ie risk based such as S&S ISA, or save, as in easy access or fixed term Cash ISA?
Statistically, the best time to invest is as soon as you have the money available. 

As interest rates are likely to fall in the near future, rather than rise steeply, then the same is probably true for Cash ISA. 
What would you be waiting for? And for how long?