Help to Buy ISA or Invest in a fund? : eupersonalfinance


Hi,

Small time investor in early 20s trying to make smart decisions.

I know this is “EU” finance, but…

Currently I max out my help to buy isa, £200 a month, and once I save £10,000 I will get a 25% bonus from Govt to aid buying my first house. Am I better off investing more money per month into a Fund where I could get better returns?

It would take me 50 months of saving £200 to accumulate the £10,000. This is 4 years and two months, but we will just say 4 years. So four years saving to get 25% interest = 6.25% yearly which is 0.52% each month. I believe a fund, while not guaranteed, could get me better than 6.25% a year?



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