Yet data shows that, over the long term, a well-diversified investment portfolio easily beats a standard savings account. Any money paid into your stocks and shares Isa counts towards your annual Isa allowance of £20,000. STARTING OUTThe main difference between a stocks and shares Isa rather than a cash Isa is that — in most cases — you have to actively choose how to invest your money. Instead, many people prefer to look to ready-made investment funds, which do some of the work for you. INVESTMENT TRUSTSFrom the perspective of most investors, investment trusts operate much the same way as funds.

Source: The Nation March 17, 2021 08:03 UTC