8 best stocks and shares ISAs 2019 - invest from £25 a month
By Mike Narouei, Content Producer at Boring Money
1 June, 2021
You've got until 5th April to build a taxman-free fence around some of your savings. Each year, UK adults can stash away £20,000 into an ISA so you don't pay tax on the interest you earn.
Many people open a simple cash ISA, but with cash interest rates lower than a depressed limbo champion, it might be time to consider a stocks and shares ISA. And these days you don’t need to decipher the stock market or own a gold mine to get involved.
Start with as little as £25–£50 a month
Access your money whenever you want
Choose your investments or leave it all to the experts
Set your own preferred level of risk vs reward
What could I make? What could I lose?
Expect to make around 5%–6% a year after fees on average – but be prepared to ride out the highs and lows
If you're investing for at least 5 years, shares are likely to do better than cash – the longer the better, but nothing's guaranteed.
The 8 best stocks and shares ISAs of 2019
In no particular order...
Which of these ISAs suit you best?
…if you want your portfolio to run on autopilot
…if you want to save money and the planet
Wealthify and Nutmeg are top of the honours list again, each with a range of ready-made, socially responsible portfolios. Or, if you’d prefer to pick your own investments, AJ Bell Youinvest has a list of funds with a handy ethical filter.
…if you want to pick your own investments
Hargreaves Lansdown has a broad range of investments to choose from and market-leading customer service. AJ Bell Youinvest and Fidelity are great too for medium-sized portfolios. Or, if you’re looking to invest £50,000 or more, Interactive Investor have a fixed fee structure that means you’ll pay less the larger your portfolio gets.