Advice on saving £5...
 

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[Closed] Advice on saving £50 a month please

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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 🙂


 
Posted : 27/10/2012 4:07 pm
Posts: 25815
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I'd suggest you change title to "investing £50 a month" but you'll have to be quick


 
Posted : 27/10/2012 4:20 pm
Posts: 16346
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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.


 
Posted : 27/10/2012 5:00 pm
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You are probably on the right track already.

http://www.fool.co.uk/10steps/step1.aspx?source=uhpsitts0000001


 
Posted : 27/10/2012 5:55 pm
Posts: 9763
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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


 
Posted : 27/10/2012 8:16 pm

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