Should I use investment s&s isa to pay for unexpected expenses or.. Premium bonds?

[Springisspringing2]

What's the wisest thing to do please I have about 3500 unexpected expense.
My isa has increased around 4 000 so shiud I use that or my premium bond ££. The idea was to use pb as a buffer to keep capital intact.. But seeing as it has grown.. Shiud I use that profit to pay?

What's the obvious sensible choice please.

Depends how much risk there is in your ISA, I like risk so I tend to stay invested where possible.

Depends how much you usually save in your Isa. If anywhere near the annual limit, I would think you are better removing from premium bonds, as you can replace them but wouldn’t be able to replace the Isa. If not near the limit, and there is no cost consequence to removing from the Isa, then there is no wrong or right and it just depends on what you would rather reduce. In my view :)

Stay invested. S&S is long term for growth and the return on premium bonds is pitiful at the moment so use that.

I'm adding very small amount to isa at the moment.. Ideally I'd like to stay invested but as I have said I've made a good profit in a short space of time.. And I've heard people do take profits.... This would hopefully be a one off and it's to pay into the investment that funds the isa..

But... My pb is for ring fencing the isa.. So perhaps that does make more sense?

Premium bonds as you can replace

There's no best answer because it depends on a shit load of things that we don't know about and you haven't told us it even hinted at. If you want expert financial advice based on what's best for you, you need to read around the subject, or pay for it

Off the top of my head, the best answer would involve questions like:
Appetite to risk
How maxed out your isa is for the new tax year that stated this month
What funds your isa is invested in
what the fund charges are for exit, etc
How close to the personal bond limit of 50k you are, and whether you have a spouse (or someone with joined financial affairs who you could start saving under instead)
Your personal desire of short term safety Vs longer term cost of living - it's a fairly low, and lowering, "interest rate" (AVG wins) so likelihood of Pb keeping pace against inflation (read through the number crunching others have done, i.e. they don't)

Basically I can think of fucking loads of context here as a layman that matters to what's"best", you'd be better tossing a coin than asking strangers here.

Get on some personal finance threads, read more into it, only you will have the information needed to make an optimal decision. Or like I said, pay an advisor.

Wow erm... What would an advisor charge for me to ask a question about 3,ooo??? +

Would they even take my call

I'm not anywhere near maxing out my isa every year, I'm a low wage earner.
I have small amount well under pb limit invested.. And isa...

Premium bonds definitely. Don't take from s&s ISA, that will grow over time so by depleting it now you are also depleting long term.

Don't take from the S&S ISA- the biggest advantage of these types of accounts is the compound interest which you won't benefit from if you withdraw money from it.

I agree - don't take money from your ISA - think long term.

Ok thank you, will stick to the PB.

Premium bonds

Definitely take from premium bonds. Low winning rate at the moment. Stocks and shares ISA is a long term investment which you should keep your money in unless you absolutely have no option.

Premium bonds, not ISA.

Think of the ISA as long-term, you reinvest the profits so it grows more/mitigates any losses if stocks fall.

Premium bonds don’t grow like that, so use them as the emergency fund to dip into if needed and replace them as you can afford to.

The ISA profit in the past and any PB wins you have had are irrelevant. Imagine that you withdraw the whole ISA and PB into cash, then deduct the £3,500 you need, then ask yourself the best place(s) to invest the remaining cash to meet your personal goals.

The answer might be one or the other, both, or neither and invest it somewhere else entirely.

PS. You should do this exercise frequently.

Good advice thank you, I'll definitely take from pb.
Isa is doing well, I've only got pb as place to keep it and easy access...

I was just checking I'm not missing something obvious...

• as an aside I've won 4 x 25 on pb in last 6 months!