Maybe you’ve recently received a work bonus, financial gift or inheritance, or have hit your savings targets and now want to do something more with any excess money. Whatever the reason you’re now sitting on some cash, if you won’t need it for at least five years, then investing is an effective way to help it grow.
A stocks and shares Isa allows you to invest up to £20,000 each tax year in stocks, shares and other investments without having to pay tax on any returns. With this allowance resetting soon, it’s a smart place to start. But should the size of your pot determine the approach you take to investing in an Isa - and how?
