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Drip feeding to S&S ISA question

2 replies

nikster76 · 03/02/2022 13:07

Hi. I have used up my ISA allowance this year in a Nutmeg managed fund. For the past 3 years, I have just transferred the whole allowance in one lump sum in April. Reading through some of these threads, I'm wondering if this is the wrong approach. Should I be drip-feeding the 20k allowance over the whole year e.g. monthly payments? Or perhaps I should time it for when the market is at a low? This is all new to me. Thanks!

OP posts:
nikster76 · 03/02/2022 13:08

It's a Stocks and Shares ISA , sorry forgot to say.

OP posts:
Winebottle · 03/02/2022 22:08

If you are investing for the long term, it shouldnt make much difference. Some years you will be better wait and others dripping in.

I suppose as markets generally go up over time, you would expect to do better by putting in the money earlier but the main thing is that you putting away money each year. As long as you are doing that, a month here or there won't matter over time.

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