Halifax stocks and shares ISA - worth doing?

[BoRED S2upid]

mikeiow said:

BoRED S2upid said:

Before deciding which fund to go for check what it's done over the last 5 years it's a very simplistic way of doing it but I figure if a fund has done 10% a year every year then it has a chance of continuing to do so. It's working so far with the 2 / 3 funds I picked.

Would you mind sharing which funds those are?

There are loads of places to compare funds just google top performing funds over 5 years or top fund managers. As said above it is a bit like gambling on horses I only invest what I can afford to loose and if it happens to do plus or minus 10% then that's ok. Hopefully more of the plus than the minus!

[Granfondo]

Ari said:

Thank you. Pretty much my thoughts (although as well, not instead), hence the post.

Question is, how and where?

I would move your cash isa's into a low risk share is Isa and start building from there.

[Ari]

Ozzie Osmond said:

For instance, have a look at Artemis Income Fund.

http://www.artemis.co.uk/investor/products/artemis...

By the way, 10% is IMO just sexy talk based on short term performance. But with a bit of luck you should see 7% or so p.a. over the longer term. As they say, past performance is no guarantee of future returns. But unless you are very unlucky it should easily whip the building society.

I'd be overjoyed with 7% right now.