A question for those who know more than me! I have some money to invest and want to open a stocks and shares ISA before I lose my allowance for this year. Am I right in thinking that this is a bad time to buy shares when prices are high. The one I am thinking of opening is a tracker ISA with about 30-35% invested in shares and the rest bonds/property, etc. Should I open the ISA but avoid buying shares for now and change the mix later? Or do the share prices being high mean that market prices for other types of investment will have gone up as well? Or should I just use the cash park facility in the ISA for now so I don't lose my allowance?
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Is is actually a bad time to open a stocks and shares ISA with share prices being at a record high?
12 replies
Snowbell · 27/02/2015 11:14
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