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Help?! What are the types of ISA? What is the best way to invest my money? |
I currently have some money in an ISA saver direct a/c with the RBS (5.75%) opened 17 jan 07, what are the different options out there for me and where is best?? ISA's are good for saving if you need to keep the money accessible because they return pretty well (5.75% is very good). If you need to keep this money accessible, I don't think you can get better returns pretty much anywhere else. However, if you are able to tie up your money for a certain amount of time, you may try looking for some high yield CD's. If you are willing to leave it alone for at least 5 years or more, invest in a good growth stock or even index mutual fund. |
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