Safe fund for cash ISA?

[Seti]

Having spent a demoralizing day reviewing my savings I have decided that there is little point in retaining the cash ISA as it is paying such a poor rate of interest.

Therefore, I'm considering moving c.£10k into a S&S ISA for a better return whilst retaining a degree of security. Researching myself but would welcome any suggestions?

[sidicks]

Usual questions apply:

Over what timeframe can you invest?
Do you need income?
What is the most you can afford to lose?
etc

Sidicks

[Seti]

sidicks said:

Usual questions apply:

Over what timeframe can you invest?
Do you need income?
What is the most you can afford to lose?
etc

Sidicks

Sorry, should have thought.....

4-5 years
No income required
Hard question as it's difficult to quantify how much I'm prepared to lose. I appreciate that I have to accept some degree of risk for better than bank rate growth.

[limpsfield]

there is no answer to this question. Look at what would have been seen safe five years ago e.g. banks; property companies and look at them today.

Japan has done well in the recent short term; commodities have head a great run; small caps were one of the best performing fund sectors of the last 12 months. But who knows what they will have done by 2016

[cannedheat]

Seti said:

Having spent a demoralizing day reviewing my savings I have decided that there is little point in retaining the cash ISA as it is paying such a poor rate of interest.

Therefore, I'm considering moving c.£10k into a S&S ISA for a better return whilst retaining a degree of security. Researching myself but would welcome any suggestions?

What rate are you getting? With tax year end coming up there'll be plenty of deals cropping up offering ~3% fixed.

If you do chose to invest in a S&S ISA, remember to do it as a transfer in order to maintain the ISA wrapper on the monies.

As for which fund - what's your attitude to risk, would you say you're cautious, balanced or adventurous?