Stocks and shares LISA

[MamaGlow]

Can someone help me understand how / when to manage a stocks and shares LISA please.

Should I wait until later in the tax year to add my $4000 contribution or open the LISA now and spread out the payments monthly?

I'm confused if I earn the first interest payment at the start of the tax year (April / May 2019) or I can start earning monthly interest now?

Thanks!

You can start earning interest now. But you won’t get the government bonus until end of tax year (and only on your contributions)

Note that your total value may fluctuate depending on the market with a s&s LISA.

mint I think the government will now add their bit monthly- last year it was all in one go at the end of the year though.

It's not really interest in stocks and shares- the value grows (or shrinks) in somewhat unpredictable ways, so it's not like x days/months earning y% interest. Advice is usually to spread out investments so you smooth out lumps and bumps in value as you buy in. As soon as you have invested the money it will start to fluctuate in value (just like buying a house!).

This helps a lot - thank you.