Stocks and shares Isas: are they right for me, and where is best to invest? | Money
The UK government is keen to encourage people to invest. If you are thinking of dipping your toe into the stock market, an Isa is often the best way, as it lets you protect any gains from tax. Here’s how to get started. Consider your goals Before you open a stocks and shares Isa, think about what the money is for, says Jason Hollands, the managing director at Bestinvest by Evelyn Partners, an investment platform. This type of Isa will only suit you if you have cash that you can afford to put away for a while. “Is it to provide some money in retirement? Are you starting to get together a deposit to put down on a property?” Hollands says. Your goals will help you work out your time horizon, and “unless you’re prepared to be in it for at least five years, investing in the stock market is possibly a bit too risky”, he says. Investing in stocks and shares can be daunting. Photograph: Shahzaib Akber/EPA While you can cash in your investment …





