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I'm likely to hit the cash deposit limit on my ISA this year? |
Aside from stuffing my savings account, what other investment options are there? Stocks and shares would be a good bet if I was you. The market is pretty low at the moment so it's a good time to pick up some good blue chips to hold on to. By the way, that's what I'm doing at the moment. The banks cant give me what I earned from the market! Try this website: www.moneyextra.com. They are quite good for research. good luck!!! lucky you i can't afford a stick. You could try a stocks and shares ISA and pay into it monthly. Go see an Indpendent Financial Adviser and they should help you further Consider fixed-term deposit. me, im doing premium bonds, you can get your money back quite quickly, and you could win the million. You can put a lump sum into a longer term investment that you can draw a monthly income on to give you something to liv on if you are made redundant (which I hope you arent) our best bet is to go to your bank or building society and see a financial consultant who will advise you on longer term options. You have the potential to make upwards of 7% on your investment. Safest investment is term deposit with banks.Next is good rated bonds of reputed companies.If you can take risk ,sharemarket gives ample opportunity. |
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