Anybody plunging in yet for this year's equity ISA?

Primrose

Or are you holding off for a while to see what happens to the stock market?

debbie42

Not me, yet. I've just sorted out my cash ISA and am trying to sit on my hands rather than rush into buying any more shares.

Aegis

I've invested via my SIPP in the last few weeks, and it seems to be going quite nicely so far. However, short term really isn't a concern to me when I won't be able to touch this money for about 40 years

Paul_Herring

Primrose wrote: »

Or are you holding off for a while to see what happens to the stock market?

I'll be putting in £600 per month (when I get paid at the end of the month sadly) - if the markets go down I'll be getting them cheaper, if they go up, I'll be in profit. Naturally I'm treating these as a long term investment.

I'm only down £250 down on last year's (full) contributions, and it's not worrying me.

mark13

I shall also be investing in this years ISA allowance, and staggering the payments throughout the year. I prefer to invest in funds.
Despite last years ISA going down a bit, all the previous years have performed well over the longer period of time and have provided a much better return than investing in a savings account, so you do have to take a long term approach though I do regular checks on fund performance and move my money if I feel it is not working hard enough.

fraser

those with existing portfolios which S&S's are you using?

Hargreaves Lansdown?
Fidelity ?
CoFunds?

debbie42

fraser wrote: »

those with existing portfolios which S&S's are you using?

Hargreaves Lansdown?
Fidelity ?
CoFunds?

Selftrade. At the moment I have no funds at all: it's all in individual shares. I'm undecided as to whether to invest with HL for funds this year.

kazwookie

I want to do this year's Cash ISA for £3600but am unsure which one.

Still trying to make head and tail of all the advise offered here and in Kazza's thread, I am sure I will work out which one is the best soon.

earlgrey_3

I think the best approach is to forget the term "ISA". Just ask yourself if you want to invest and the best time for that. You've got a whole year to decide. It's not like a cash ISA where the sooner you open the account the more you benefit. When/if you decide to invest it makes sense to do it using an ISA if it's into a managed fund because there shouldn't be any extra cost.

For what it's worth I've used Pillings for many years for PEPs and S&S ISAs and like their service but have just opened an account with Hargreaves and Lansdown for buying managed funds at some point. Alliance Trust who have very low dealing charges are worth looking at too for shareholdings in an ISA.

Primrose

fraser - am currently with H-L for my equity ISAs. I find them very efficient to do business with and I like the funds research facility on their website.

macca64

I am also with HL for my equity ISA. Currently investing monthly in there multi manager special situations fund, although that was for last tax year. Will review and decide if I want to continue investing in the same fund for the 08-09 tax year.