Stocks ISA -good time?

edited 30 November -1 at 1:00AM in ISAs & Tax-free Savings
5 replies 1K views
truebluedomtruebluedom Forumite
17 Posts
Part of the Furniture Combo Breaker
edited 30 November -1 at 1:00AM in ISAs & Tax-free Savings
Hi all,

Is now or the near future a good time to load a stocks isa? With the markets being down is it a good time if I'm happy to park the money for awhile?

Thanks in advance

Replies

  • eskbankereskbanker Forumite
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    It's as good a time as any if it's consistent with your saving and investment objectives but the usual investment maxim applies, i.e. it's all about time in the market not timing the market, or in other words it's unrealistic to expect to be able to jump in at exactly the right time and largely irrelevant anyway in the context of long term plans. Also worth bearing in mind that it's just as possible that there will be further falls rather than this definitely being the bottom....
  • dunstonhdunstonh Forumite
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    Hi all,

    Is now or the near future a good time to load a stocks isa? With the markets being down is it a good time if I'm happy to park the money for awhile?

    Thanks in advance

    The stockmarkets fell by much larger amounts last Autumn. They will fall by much larger amounts in future. They hit year to date highs last week before falling back a little after Brexit. Broadly speaking, we are only back a few weeks on value.

    Trying to time markets is futile as you will never know the best or worst time will be. In most cases, you are likely to end up guessing wrong.
    I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.
  • smejsmej Forumite
    47 Posts
    Seventh Anniversary 10 Posts Combo Breaker
    I was thinking the opposite...is this possibly the worst time to buy with so much uncertainty looming???

    I'm looking somewhere to put £6,000 so I'm not sure what to do. Perhaps maybe half into a S&S ISA.
  • truebluedomtruebluedom Forumite
    17 Posts
    Part of the Furniture Combo Breaker
    Thanks all, what I think I want is a stocks isa but one that is managed for me to my desired level of risk, ie stock bought on my behalf.

    Anyone using anything like that?
  • eskbankereskbanker Forumite
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    Part of the Furniture 10,000 Posts Name Dropper Photogenic
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    Thanks all, what I think I want is a stocks isa but one that is managed for me to my desired level of risk, ie stock bought on my behalf.

    Anyone using anything like that?
    Many on here, myself included, take their first steps on the investment journey via multi-asset funds that are calibrated to risk levels as you describe, simple to own as they're run by specialist companies, and sufficiently diversified to smooth out the volatility that we're in at the moment.

    The Vanguard LifeStrategy range are popular choices, similar offerings also available from the likes of Legal & General and Blackrock.

    Have a read at http://monevator.com/category/investing/passive-investing-investing/ and the various links from there....
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