27/04/2023
In a Stocks & Shares ISA, your money may be invested into several different assets including shares, bonds, property and cash. This means that your money is at risk, and the value of your savings can rise or fall depending on market conditions.
In a Cash ISA, the money that you choose to contribute earns a fixed rate of interest and isnβt at risk of losing value. However, Cash ISA interest rates are currently lower than the rate of inflation, so the buying power of your money is decreasing.
Which would you choose? Capital at risk when investing.