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Should I get an ISA or not?

Question asked by: mrquestion

Asked on: 11 Jan 2010

Only you can answer this. If you have the cash to put away and want to have at least something that is away from the government being able to grab tax on, then an ISA can be a good idea.

That's certainly the main reason people have them, to avoid having to pay the tax on the lump sum that is in the ISA.

However if you think you are going to need the money tied up in the ISA anytime soon then it is probably not the right product for you.

By: knowitall
Replied at: 11 Jan 2010
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