MegaSack DRAW - This year's winner is user - rgwb
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Morning All,
I starting to save £50 a month in an ISA investor fund through my bank (Halifax), based on an ethical investment policy. I know little and less about this sort of thing and wondered if those who do can offer any advice on whether there is something else I can do to get a better return?
cheers all 🙂
I'd suggest you change title to "investing £50 a month" but you'll have to be quick
ISA is probably as good as any option if you want a safe investment and access to your money. You need to shop around to get a good return, then you need to move it every year to keep it at a good rate.
You are probably on the right track already.
http://www.fool.co.uk/10steps/step1.aspx?source=uhpsitts0000001
I've done that into corporate bonds (perpetual isa). I think cash might have been better, but hind site is a wonderful thing. I think its been on the go for 13 years maybe a bit longer. Its now got £12500 in it. Not amazing growth but I think stocks and shares might have lost money