Isa's

[LauraFaye88]

Does any one regret investing in a stocks and shares Isa.

No.
I've invested every year since they became available.
and in PEPs prior.
Now retired and have a substantial portfolio.
what exactly are your concerns

No but they are for the long term not short term.

They have taken a tanking in the last month or so but overall, if you have had one for 10+ years, it should have done well compared to savings.

I listen to the Meaningful Money podcast and it was explained really well in a recent episode how the good days massively outweigh the bad and that it's 'time in the market' not 'timing the market' that's always paid off over time.

They also promote global diversification and 'cash ladder' strategies for choosing and drawing on funds meaning that no-one should need to take money out at times like this, when values are down.

It is annoying however that certain idiotic lunatics are able to affect the values of people's hard earned savings like this and I can see how it puts people off investing, especially when they can get a guaranteed risk free near 5% return from cash savings.

I had one for 6 years before covid which then crashed and after 2 years hadn't recovered. I was shocked that the value had gone down lower than my original investment so cashed it in and divided it between my children. I've stuck with fixed rate cash ISAs - I'm not a gambler and tend to worry about finances so I have no regrets.

Stocks and shares ISAs are ‘long term’ investment vehicles. If you are prepared to see the value fluctuate over time (it will!) and can leave it for many years then it’s likely a better return than cash. If you’re in it for the short term (less than 3-5 years) stick to cash.

That’s a very shortsighted approach to investing.

Why do you think ALL pension funds have most of their investments in stocks and shares? It’s not like they are authorized would want to gamble with employees’ pension contributions…

It might be shortsighted but it's my approach to investing and I gave the reasons why!