High interests ISAs

it really depends on how high a risk you want to take.  You can invest up to £20,000 tax free, as far as I am aware.  However, often you'll find with the higher percentage return comes higher risk

thought that ISAs were a safe bet though?

not always, it depends on the company, because if you invest in bonds, then they don't always guarantee your money.  My advice would be to always read the small print, because if something looks too good to be true, it usually is

ISAs are not safe?

no I'm not saying that, it's just you'll find that the ones offering high percentage return have small print where it says something like your capital is at risk

what about bank ISAs?

as long as the financial institution is covered by the FSCS then you are covered for up to £85,000 I think.  You should check, but as long as it's a bank or building soc covered by UK regulations, you should be fine, plus you should only worry if the bank goes under.

im completely confused we not talking about banks

I'm open to all suggestions.  I think your safer with banks though

this is what I'm trying to explain, although some finance houses will offer higher rates, your capital isn't always safe,  how do you think they get that sort of return in the first place? There has to be an element of venture capitalism. Banks are much safer, and not only that, and although you may earn less, you are taking on less risk even if the very worst happens.

what u mean

IF THE BANK GOES BUST!!!

ok

so the lower the return the less risk

YES!!