RE: Advice31 Aug 2025 23:37
As an old,nay,'ancient', investor, I would first ensure you have enough other savings elsewhere you can call on in emergency.
Next, if you do not already have an ISA, get one for your entire £20,000. As things stand now, before the Budget, you can put the lot into a Cash ISA where it can only earn you tax-free interest; if you have done that too, then (and ONLY then) you are entitled to think about a Stocks and Shares ISA. You need to look at the charges various providers make because they do vary and their reputations! I would include Vanguard in that list because they are huge and risk averse. Finally, I would advise you at this stage not to be tempted by ANY companies listed on the smaller UK market, known as AIM. Far too much of a gamble.
Follow this advice and you will continue to sleep well and continue in robust health!