The Stocks and Shares ISA products and funds available from SFS Invest Direct are not like building society / bank deposit accounts, as they can rise and fall in value and your capital is at risk.
Any Liabilities?
Do you have any liabilities such as car loans, personal loans or credit cards?
Chances are you’ll pay more in interest than you’ll earn from investing. The annual interest rates on credit cards and loans can be as high as 17% APR which is more than you can expect to achieve from an investment.
Retaining debt and investing is a high risk strategy and therefore serious consideration must be given to paying off debt before any investment is made.
SFS Invest Direct is a trading name of Skipton Financial Services Limited, a subsidiary of Skipton Building Society.
SFS Invest Direct gives you
access to FundsNetwork, a
Fund Supermarket from
Fidelity International.