ISA Recommendations (aka "where do I put my millions?")

[dangly]

With the ISA deadline looming, just wondering whether anyone had any recommendations?

I've just had one of the 'stocks and shares' variety which did well, but I didn't really invest the time needed, so maybe looking at those pre-packaged varieties (such as the M&S Investment ISA, backed by HSBC etc.). Not really interested in a cash one.

Thoughts?

[pmeswani]

With the ISA deadline looming, just wondering whether anyone had any recommendations?

I've just had one of the 'stocks and shares' variety which did well, but I didn't really invest the time needed, so maybe looking at those pre-packaged varieties (such as the M&S Investment ISA, backed by HSBC etc.). Not really interested in a cash one.

Thoughts?

I tend to avoid the "Packaged" ISA's as they tend to be poor performers. I would suggest looking at topping up your existing Stocks and Shares ISA and invest the money into what you have done previously.

[AtW]

ISA is limited to like £10k savings (most stock market tulip I believe), so it would take like 100 years to put a million into it...

[Peoplesoft bloke]

ISA is limited to like £10k savings (most stock market tulip I believe), so it would take like 100 years to put a million into it...

Except you can move money from previous years cash and or stocks Isas so you could have a million in ISAs in considerably less time.

[AtW]

Except you can move money from previous years cash and or stocks Isas so you could have a million in ISAs in considerably less time.

You'd need like 100 previous years though?

[lukemg]

There are already people with ISA accounts totalling in excess of £1m - NONE of these has been due to cash ISA's.

Want to fire and forget ? Get the lowest possible index tracker you can find - defo NOT from M&S.

Use h-l.co.uk to get discount on initial investment and look at HSBC + Fidelity moneybuilder.
Vanguard via Allianz is another option (famed for low cost but there are other restrictions)
Suggest UK tracker to start.

[xoggoth]

aTW - I just has an epileptic fit while looking at your new avatar and fell and broke my neck. My lawyer will be contacting you shortly.

[AtW]

aTW - I just has an epileptic fit while looking at your new avatar and fell and broke my neck. My lawyer will be contacting you shortly.

[amcdonald]

Invest in SKA, then this time next year you'll be a millionaire

[crack_ho]

£12 Million ISA

I doubt anybody with a £1m+ ISA had to wait until the deadline to top up!