Trading 212 S & S ISA

[BG2015]

I’ve opened a S & S ISA as I want to put my £20k allowance into it when I get some money in September.

Ive put £10 in it but not sure what to do next. It’s asking me if I want to choose a pie or am I best customising my own?

Ive got a cash ISA with them that I’ve had 2023-24 that I use as an emergency fund.

Anyone help please? Feel so silly

Been on YouTube and watched some videos! Still so confusing

I’ve made a pie and chosen 4 things to invest in. Going to see how it goes and then maybe invest more!

Hi, I also have money in S&S ISA with T212. You definitely need to do more research on how/who to invest in and be prepared for losses as well as gains. I hope your pie brings you good returns! You can also copy other people’s pies on T212, see which ones are the most popular and how many ppl have chosen to invest in any specific pie. While you do your research you can still put your money in the ISA but switch on “interest on cash” feature so that it makes you money in the meantime. It pays pennies every day but for me it still is more than my high street bank offer of 1% interest 🤣. The feature also comes with certain risks of course. Read the Ts&Cs 🤓. I hope it helps!

Thanks. Ive definitely I'm too risk adverse to put my whole £20k allowance into it. I've not got a lot of spare money so need to be careful.

You can choose a pie (read up first) or you can go for some standard funds like S&P 500 etc. Or even specific stock - when you know what you are doing.

Don't feel rushed, take your time