Stocks/shares Isas

[tali1]

i want to invest in several stocks/shares isas for apr 13 tax year - my problem is that that the market is very high at the moment -is this really not a good time to invest and better to wait when the mkt drops?

[woofgang]

have you thought about funds isas?

[tali1]

But wouldn't i be still be investing in these when they are high anyway? -or are they not as affected by the markets?

[Graham-W]

What makes you think the market will fall again?

[factor-fiction]

Guessing the market is very difficult. Share prices have risen a lot recently but are still on just back to the level of 10-15 years ago, so maybe there is room for further increases.
Waiting for prices to fall can be dangerous. At what point would you buy? You never know when the bottom has been reached. You may buy and then the stock market falls further by a large amount.
If you can't afford to lose a fair bit, or feel nervous, maybe the market isn't for you.

[Graham-W]

Looking at the graph for the past 5 years we may be due for a slight dip, but who knows. A few good results and away it goes again.

http://uk.finance.yahoo.com/echarts?s=^FTSE#symbol=^ftse;range=5y;compare=;indicator=volume;charttype=area;crosshair=on;ohlcvalues=0;logscale=off;source=undefined;

[woofgang]

funds are managed by funds managers. they have varying objectives balanced between growth and risk according to what you want.
this is worth a read
Amazon.co.uk User Recommendation

and this website
http://www.mandg.co.uk/Consumer/Home/?ito=1790

NOTE I am not suggesting or recommending M and G. I am not connected to M and G in any way except that I have investments with them. I have put the link up because I have found that they explain things clearly so that even a fiscal idiot like myself can understand it.

[tali1]

I should point out i am would be investing fora minimum of 10yrs