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Discuss investments with other users on our Investment forum. For more advice read our tips for saving for your child's future.

After ISA, what next?

1 reply

Margo2023 · 29/07/2024 19:55

Just this really. With max in the ISA for this year, what account should I open to put savings into next? I'm looking to shift 7k from a savings account that mature next month and then I typically save £500 a month. I do have a credit card with 1k balance but it is interest free for the next few months anyway. Should I just open another saving account with the best interest rate I can find? I would also like to dabble with something with a bit more risk so open to any investment recs

OP posts:
itwasntmetho · 29/07/2024 20:23

I would go with ETFs that produce dividends. Mine are with AJ Bell but there are so many companies that do them. If you prefer to have something you can have an app for then you can open a Money Box account. With ETFs you can track the stock market as a whole, most people will not recognise who will be the next Uber Eats or the next Amazon, so something that gives you exposure to the S&P 500 or a FTSE tracker.

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