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Stocks and Shares ISA vs Cash ISA: here’s where I’ve got my money
['Ben Mcpoland', 'Min Read']
Yahoo Finance - Business Finance, Stock Market, Quotes, News
Millions of people in the UK either have a Cash ISA or Stock and Shares ISA.
However, out of these two, I have a clear favourite: the Stocks and Shares ISA.
Over the past decade, money held in a typical Cash ISA has lost purchasing power in real (inflation-adjusted) terms.
But I'd be very surprised if stocks don't continue outperforming cash returns.
Don't be a forced sellerStill, I do have a Cash ISA to keep some savings for emergencies.