hoskib

iTrader: (1)

i was going to put a bit more money in my current cash ISA, but wondered if it was worth having a dable in the stocks and shares ISAs?

not talking big money, maybe about £500, just fancied a 'safe' gamble. i've had a look at the NS&I guaranteed equity bonds (don't think this is actually an ISA?) and that looks ok, you get your investment back minimum. but there seem to be set times you can enter into the scheme.

you also pay tax on the NS&I scheme, are there any tax free options for this type of investement?

any advice would be much appreciated

cheers,
Paul

HankScorpio

Bonds or cash till the storm settles IMHO

hoskib

iTrader: (1)

well this is the thing, stock market will always grow so if you get in when it's low it's just a question of timing your run to get out?

i know this sounds pretty obvious, but i can't remember the markets being this low? therefore being a good time to jump on board?

HankScorpio

Thing is, people have been saying that every week for months (figuratively speaking) and it's how long it's going to take to get back that no one knows.

You get in now, lose 5% month for the next 4, stable for the next 4 and then 2% growth for the next 4 - you're still out a packet.
12 months in a gauranteed income bond or high interest account and you won't be losing and can still get in while the recovery (if it happens) kicks off.

I moved most of my pensions funds into government bonds about 6 months ago and have seen a rather pleasing growth while everything else is taking a hammering.

All made up figures and does not constitute advice, only opinion

sa1tnpepper

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hoskib

iTrader: (1)

don't worry mate i won't hold you to it thanks for your insight though, very informative info. cheers

sa1tnpepper

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HankScorpio

Here you go, these are the Standard life funds I've had my pension in over the last 12 months, mostly all in Overseas Bond now (thank ****!!)



Standard Life website will tell you what all the funds are investing in if you're super interested but quite a wide spread and mostly tanking.

hoskib

iTrader: (1)

ouch!!!

think i'll just top up my normal ISA

Skoobie Dhu

iTrader: (3)

Probably the most promising in my portfolio is RIFT, a small oil and gas explorer sitting on some very encouraging wells in PNG.

Safe bet could be bp, current divi yield is 8% and plans are to continue to increase the divi, anywhere near £5 is a good entry point.