We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide

Do You Have The Resources To Invest 20,000 Per Year Into An ISA?

124»

Comments

  • masonic
    masonic Posts: 29,853 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    There have now been just over 50 votes and 84% of voters have the resources to save up to the full £20k per year into ISAs. I thought asking here would deliver a high percentage, but not that high.
  • MACKEM99
    MACKEM99 Posts: 1,225 Forumite
    Sixth Anniversary 1,000 Posts Name Dropper
    masonic said:
    There have now been just over 50 votes and 84% of voters have the resources to save up to the full £20k per year into ISAs. I thought asking here would deliver a high percentage, but not that high.
    Of those who voted.
  • Martico
    Martico Posts: 1,245 Forumite
    1,000 Posts Third Anniversary Name Dropper
    masonic said:
    There have now been just over 50 votes and 84% of voters have the resources to save up to the full £20k per year into ISAs. I thought asking here would deliver a high percentage, but not that high.
    Mind you, "up to 5K" and "up to 20K" aren't mutually exclusive to the pedants among us
  • booneruk
    booneruk Posts: 892 Forumite
    Seventh Anniversary 500 Posts Name Dropper
    edited 17 April 2025 at 1:15PM
    I do max out when I can, and if I wanted (I don't!) to store the full whack in cash after this alleged Reeves allowance butchering then I'd use money market funds or short dated bonds. It's S&S ISAs for me in general.

    I'm really not sure what they're going to do about the MMF/Bonds avenue. Though I don't take rumour seriously - react after the budget if anything changes.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 354.6K Banking & Borrowing
  • 254.5K Reduce Debt & Boost Income
  • 455.5K Spending & Discounts
  • 247.5K Work, Benefits & Business
  • 604.4K Mortgages, Homes & Bills
  • 178.6K Life & Family
  • 261.9K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.