Goals, time horizon, risk and diversification are key elements to consider when investing.
Tax-efficient stocks and shares ISAs potentially offer better scope for growth than cash, but how safe are they?
Conventional wisdom says cash is king and stocks are risky. This is true – in the short term. But over a longer time horizon, leaving your money in cash may not be the best way to guard against losing value.
Please remember the value of your investment and any income from it may fall as well as rise and is not guaranteed. You may get back less than you invest. Tax rules may change in the future and their tax advantages depend on your individual circumstances.