Lifetime ISA - to invest or not?

[cuno]

I am receiving a sum of money which I plan to use towards a house deposit. So I opened a lifetime ISA with H&L. But now I'm confused whether I am to invest or not. I plan on buying in 2023 (at least 12 months from now of course, so I can make use of the 25% bonus). I've put an initial £100 in but will put 3.9k in once I receive the money, then another 4k in April. Is it worth investing this over 12-18+ months? Thanks

No, too much risk. You could put it in, the market could drop 20% and not recover that drop within the time period. Things are far too uncertain at the moment.

If you really wanted to risk the money, then you could use maybe a 20-40% equity fund which has various mix of stocks, bonds and other assets. For example MyMap3 or MyMap4. www.blackrock.com/uk/individual/literature/whitepaper/mymap-range-flyer-en-uk-rc-flyer.pdf

Thank you, I'm not going to bother risking it then. This might be my only opportunity to get onto the property ladder and I don't want to jeopardise it!

No, if you wanna buy soon, use a cash LISA.