Well I know it's a luxury to have some savings and I'm luckily in a position where I an put a bit away for a rainy day.
Being very careful and not adventurous I've always preferred the safe option of cash ISAS despite the poor returns.
Well 6 months ago I decided to dabble online through an 'investment supermarket' in a few companies that were considered boring but safe bets.
The trouble is I should have stopped with the likes of the National Grid instead of mrs risky speculative shares. Three months ago I was in pocket by nearly four figures - now the stock market has crashed and I'm now in a negative profit situation that will get worst through the day.
Be warned - there are traders out there who control the market and 'short' or pull the rug on companies.
It's supposed to be a long term investment as shares are very volatile and the market is right at the top awaiting a 'correction' or plunge.
In retrospect, I think I prefer to be a boring cash ISA saver where you earn a small amount of interest instead of losing capital that can't readily be returned.
Guess you learn from your mistakes!
NISAs - not so nice in the stock market whatever spin they put on it.