Stocks n Shares ISA

[Tuono]

Mine is slightly up today!

Same.
I don't usually look but I thought I'd have a gander to see how far they fell but they were up.

 

[The Great Soprendo]

By the time things update properly most international funds will be down most likely.

 

[bomber]

This is becoming a regular theme isn't it folks.

 

[Pseudonym Number 1]

Had pretty much all my gains wiped out in 2 days

 

[Matt Hopkins]

Had pretty much all my gains wiped out in 2 days

Really? When did you invest? Friday?

 

[Pseudonym Number 1]

Really? When did you invest? Friday?

About 3 months ago, so not that long tbh but it's quite annoying. Only got a little bit invested in the grand scheme of things so it's nowt life changing.

 

[DonaldDownTheWing]

About 3 months ago, so not that long tbh but it's quite annoying. Only got a little bit invested in the grand scheme of things so it's nowt life changing.

3 months is pretty much nothing in a S&S ISA. They’re designed to be used over 5+ years.

 

[Pseudonym Number 1]

3 months is pretty much nothing in a S&S ISA. They’re designed to be used over 5+ years.

I know just avoided this type of stuff in the past as I'm risk averse. Thought I'd give it a go but not sure my anxiety is a good fit for the stock market

 

[DonaldDownTheWing]

I know just avoided this type of stuff in the past as I'm risk averse. Thought I'd give it a go but not sure my anxiety is a good fit for the stock market

Best not to put money you may need in the short or even medium term in one. You’d be better with an open access cash isa.

S&S are invest and forget ISA’s.

 

[Pseudonym Number 1]

Best not to put money you may need in the short or even medium term in one. You’d be better with an open access cash isa.

S&S are invest and forget ISA’s.

Majority of my money is in a cash ISA just thought I'd give the S&S a try to see what it's like. Hopefully it all turns out alright, I mean trump can't have too many years left in him to fuck things up.

 

[Darlo1973]

Today looks like it will be a lot worse than yesterday.

 

[bowers2]

This is becoming a regular theme isn't it folks.

A cynical person would say,
“Let’s get the working plebs to save with their stock ISAs so we can take even more money from them”

 

[Shambo]

Battalion Oil share price rocketing up by the minute

 

[Matt Hopkins]

A cynical person would say,
“Let’s get the working plebs to save with their stock ISAs so we can take even more money from them”

Who's we?

 

[Fletch]

Desire petroleum

 

[Al Bundy]

I’ve got a couple of Cash ISA’s and am looking to invest in a S&S when the new tax year kicks in.
In view of the current world climate can I open a new Cash ISA and change it at any point to a S&S one ? (I know I can only use the maximum 20k allowance)

 

[42]

I’ve got a couple of Cash ISA’s and am looking to invest in a S&S when the new tax year kicks in.
In view of the current world climate can I open a new Cash ISA and change it at any point to a S&S one ? (I know I can only use the maximum 20k allowance)

You can currently just do an isa transfer so you dont lose the allowance. From April 27 you wont be able to transfer from s&s to cash due the redection in cash allowance

 

[Ned Land]

Best not to put money you may need in the short or even medium term in one. You’d be better with an open access cash isa.

S&S are invest and forget ISA’s.

It depends what you buy. An ISA is just a tax free ‘wrapper’.

You could e.g. have an allocation of 60% equities, 20% short term bonds, 20% gold if your investment horizon is 5 years.

 

[Lawrenceslongthrowin]

Absolutely wrecked today in sas

 

[Darlo1973]

Absolutely wrecked today in sas

In reality the FTSE is only back to where it was 2 weeks ago.