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Post by buzzablinio on Feb 25, 2020 16:43:52 GMT
So...
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Post by carol167 on Feb 25, 2020 17:05:09 GMT
Amusing :-)
On a serious note though, I am seeing more and more adverts for IFISAs currently and I'm sure that will increase as we get nearer to end of tax year. I do worry that the general public - in their desperation for better interest rates - will get sucked in thinking it's a really good alternative.
Yes, you could make decent money in the early years, but I fear that that is a thing of the past now. It seems you're lucky if you can even escape years later with all of your original capital plus some amount of interest which is usually far lower than originally billed.
The risks just don't stack up against the rewards.
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ilmoro
Member of DD Central
'Wondering which of the bu***rs to blame, and watching for pigs on the wing.' - Pink Floyd
Posts: 11,315 
Likes: 11,523
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Post by ilmoro on Feb 25, 2020 17:09:13 GMT
Amusing :-)
On a serious note though, I am seeing more and more adverts for IFISAs currently and I'm sure that will increase as we get nearer to end of tax year. I do worry that the general public - in their desperation for better interest rates - will get sucked in thinking it's a really good alternative.
Yes, you could make decent money in the early years, but I fear that that is a thing of the past now. It seems you're lucky if you can even escape years later with all of your original capital plus some amount of interest which is usually far lower than originally billed.
The risks just don't stack up against the rewards.
Not sure easymoney agrees with you
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Post by Deleted on Feb 25, 2020 17:26:49 GMT
I am getting great ISA returns at LW, no complaints; along with RS it is my only other platform having left Z, PL, GS, FS etc etc...
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Post by Deleted on Feb 25, 2020 17:30:12 GMT
Amusing :-)
On a serious note though, I am seeing more and more adverts for IFISAs currently and I'm sure that will increase as we get nearer to end of tax year. I do worry that the general public - in their desperation for better interest rates - will get sucked in thinking it's a really good alternative.
Yes, you could make decent money in the early years, but I fear that that is a thing of the past now. It seems you're lucky if you can even escape years later with all of your original capital plus some amount of interest which is usually far lower than originally billed.
The risks just don't stack up against the rewards.
I am slowly finding the exit, but ALL the platforms have issues when you want sell. The good times are over for P2P and possibly Index Funds too with CoronaVirus wiping out six months of gains in two days. Very difficult days ahead for all investors.
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Post by carol167 on Feb 25, 2020 18:58:30 GMT
I am slowly finding the exit, but ALL the platforms have issues when you want sell. The good times are over for P2P and possibly Index Funds too with CoronaVirus wiping out six months of gains in two days. Very difficult days ahead for all investors.or.... excellent buying opportunity.
When you're investing for 10 to 15 years or more.... a short blip really isn't anything to worry about.
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Post by Deleted on Feb 25, 2020 19:25:16 GMT
I am slowly finding the exit, but ALL the platforms have issues when you want sell. The good times are over for P2P and possibly Index Funds too with CoronaVirus wiping out six months of gains in two days. Very difficult days ahead for all investors.or.... excellent buying opportunity.
When you're investing for 10 to 15 years or more.... a short blip really isn't anything to worry about.
Absolutely...but is it a 'blip?!'
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Post by carol167 on Feb 25, 2020 19:36:04 GMT
or.... excellent buying opportunity.
When you're investing for 10 to 15 years or more.... a short blip really isn't anything to worry about.
Absolutely...but is it a 'blip?!'
As the wise ones say...... If it isn't then you'll have a hell of a lot more to worry about than how your shares are doing.
:-)
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Next ISA
Feb 25, 2020 20:07:28 GMT
via mobile
Post by gravitykillz on Feb 25, 2020 20:07:28 GMT
The Nigerian prince is doing well.
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Greenwood2
Member of DD Central
Posts: 4,376
Likes: 2,780
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Post by Greenwood2 on Feb 25, 2020 20:36:56 GMT
I think it needs more options.  |
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Post by nutfield on Feb 26, 2020 10:09:37 GMT
In shares parlance......not sure LW qualifies as a "Buy", but maybe a "Hold" for previous years' ISAs?
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