Nationwide ISA decision

A question about : Nationwide ISA decision

Having taken out a Nationwide Isa in June 2002 and paying in Ј100 a month (split 50-50 between a Growth Fund and a Tracker Fund) I've made just under 6% to date. However I'm thinking of packing this ISA in as it's not performing as well and the market is very unpredictable at present.

What are the best options in savings accounts for investing Ј2500 ish now and paying in Ј100 a month, although I will need to withdraw Ј2000 next summer?

Many thanks in advance.

Best answers:

• First do not withdraw it transfer it otherwise you'll be able to invest only Ј500 this year.
  a good fund is Fidelity Special Situation.
  invest thru discount broker not directly to save the initial charge.
  Good Dsicount roker is bestinvest or cofund.
• What about a mini cash ISA for this year? You would reach Ј3000 by about the end of the tax year and could just carry on paying in at that rate?
  [.. or have I missed something.. you did want savings account suggestions did you not?]
• Yes I really was looking for a good savings account rather than leaving the money in an ISA. I might split it so I put Ј50 into a cash ISA and Ј50 into a savings account.
  Been looking at the saving account articles and some there seem like a good deal.
• I understand perfectly well how the stockmarket works, as I started these ISA's after the last big crash.
  Its just that I will be using most of the money I have in this ISA at the moment to cover a large part of the cost of my wedding next October and I wanted to safeguard the money invested now until that time, rather than risk the market crashing and not having enough money for said wedding.
  Thanks for the advice though, after next October I will have far more money to invest and will look then at changing my investments.