wiganworld   (Feedback, help, your ideas for new content.)

leaving it in a savings account is a worse gamble, and like I said it is a long term investment an isa, if it suddenly crashes 25% and you panic and take all your money out, then yes you have lost 25% of your money, but in the long term the stock market ALWAYS recovers (if it didnt where would we all be) If you have a private pension for example, where do you think that is invested? The stock market and bonds and its long term
Compound interest is your friend!!
compound calculator Mortgage free? £500 per month for 15 years at an ''average'' return of 8% gives you a pot of £174000 Do the same in a savings account paying 0.5%(if you can find one paying that much) you will have £93000....I think I will take that gamble.