First Stock & Shares ISA, what to do?

First Stock & Shares ISA, what to do?

Author
Discussion

StottyGTR

Original Poster:

6,860 posts

164 months

Thursday 2nd July 2020
quotequote all
I've finally saved 20k up and I'm looking to put it all into a tax free stocks & shares ISA but I've never done anything like this before... At first I was looking at buying individual shares using Hargreaves Lansdown but after reading a couple books I've realised I should probably leave it to the professionals. Putting the money in a fund seems like a more sensible idea but I don't really know what's best!

What would you guys recommend I do getting into this to ideally take advantage of the recovering economy.

StottyGTR

Original Poster:

6,860 posts

164 months

Thursday 2nd July 2020
quotequote all
Thanks all, I wasn't aware of the IM thread so I'll give that a read as I'm sure it will answer all of my questions (and probably raise many more laugh)

StottyGTR

Original Poster:

6,860 posts

164 months

Friday 3rd July 2020
quotequote all
My plan is to invest the maximum allowance for the next 5 years+ just as a nest egg. I'm looking for the maximum return and are happy to take reasonable risks. I'm wondering exactly what would you guys do in this situation?