.... You don't need to take any risks – or tie up your money for a fixed period – in order to obtain tax-free returns that are comfortably ahead of inflation. ….
Some financial advisers would encourage investors to take the plunge and forget about trying to time the market. ….
How do ISAs work?
This tax year, every adult can invest £7,000 in stocks and shares or investment funds via a Maxi ISA. ….
From April, not only do the limits on an equity ISA rise to £7,200 and the ceiling on cash ISAs lifts to £3,600, but all savings in previous cash ISAs can be reinvested in an equity ISA. ….
Funds which manage risk for you
…. Steve Wilson, a financial adviser at Alan Steel Asset Management likes the look of Schroder's Multi-Managed Cautious Managed, for its low risk approach.
Quote courtesy of the Daily Telegraph, 25 January 2008.
