How to build up a 在庫／株s and 株 Isa at any 行う／開催する／段階 of your life
When it comes to 投資するing, 専門家s often say it is about time in the market, not タイミング the market.
And it is true that, by putting away money 終始一貫して when young, 投資家s 許す 構内／化合物ing to work to their advantage.
But it is never too late to start 投資するing. 関わりなく your age, there are plenty of 選択s to maximise the returns in your 在庫／株s and 株 Isa.
No one size fits all: 選ぶing 投資s depending on your life 行う／開催する／段階 helps maximise returns
While there is no-one-size-fits-all approach, 査定する／（税金などを）課すing your 投資 horizon can help to 狭くする 負かす／撃墜する the types of 基金s you should 投資する in.
We ask three 専門家s for their 最高の，を越す 選ぶs for your Isa, 関わりなく what 行う／開催する／段階 of life you have reached.
Long 投資 horizon (老年の 1-18)
Junior Isas are a 広大な／多数の／重要な way to put away money for your child's 財政上の 未来. It 許すs parents and other family members to 支払う／賃金 into a 税金-解放する／自由な account without 妥協ing their own Isa allowances.
However, many parents 選ぶ for cash Jisas over 在庫／株s and 株, meaning that they are 行方不明の out on years of 構内／化合物ing returns.
Darius McDermott, managing director of FundCalibre says: '一般に, for young children, I would always recommend 100 per cent in 公正，普通株主権s.?
'Having an 延長するd time horizon means their 大臣の地位 can 天候 many market cycles, and therefore a large 配分 to 公正，普通株主権s makes sense given they 申し込む／申し出 superior long-称する，呼ぶ／期間／用語 returns.'
He 示唆するs small-cap 信用s like The 全世界の Smaller Companies 信用, which has a 激しい 負わせるing に向かって 集団の／共同の 投資s and 産業のs. It is 現在／一般に 貿易（する）ing at a 13.6 per cent 割引.
While small-caps can be more volatile, over longer periods like the 十分な 18 years of a Jisa they tend to outperform.
Parents might also consider 現れるing markets 基金s and McDermott recommends Invesco 全世界の 現れるing Markets and JPM 現れるing Markets.
Medium 投資 horizon (老年の 20-40)
投資家s in their 早期に 20s have a longer 投資 horizon too, so could also 利益 from 投資するing more ひどく in 公正，普通株主権s.
Ryan Hughes, AJ Bell's 投資 managing director recommends the HSBC FTSE All World 索引 Tracker, which 跡をつけるs the 全世界の market and 申し込む／申し出s （危険などに）さらす to the biggest companies in the world
He says: 'With a medium time horizon, the young 投資家 can have （危険などに）さらす to 公正，普通株主権s, and, 存在 比較して inexperienced, a 全世界の tracker 供給するs an 平易な starting point.'
For 投資家s in their 30s who have perhaps 延期するd 投資するing, Hughes recommends Polar Cap 全世界の 科学（工学）技術.
Over 10 years it has 伸び（る）d 387 per cent, and since its 開始する，打ち上げる an annualised return of 11.69 per cent, outperforming the Dow Jones 全世界の 科学（工学）技術 索引.
FundCalibre's Darius McDermott 示唆するs 投資家s in their 20s and 30s 持続する a strong 公正，普通株主権 配分
'While 科学（工学）技術 is certainly a hot 資産 class 権利 now, it's at the heart of almost all that we do,' Hughes said. 'While 必然的に the 基金 may be a bit bumpy, it's hard to look away from 科学（工学）技術 for a long-称する，呼ぶ／期間／用語 投資.'
McDermott recommends first-time 買い手s saving for a deposit in their 20s or 30s should also 持続する a strong 公正，普通株主権 配分.
'The 普通の／平均（する） time it takes to build up that deposit now takes an 普通の／平均（する） of 10 years - and a staggering 18 if you live in London - sticking with cash could result in over a １０年間 of lost returns.'
McDermott recommends a balanced 危険 基金 with a medium 称する，呼ぶ／期間／用語 horizon, like BNY Mellon Multi-資産 Balanced or Jupiter Merlin Balanced 大臣の地位.
'Multi-資産 基金s 申し込む／申し出 a one-stop-shop for diversification across 公正，普通株主権s, 直す／買収する，八百長をするd income, and 代案／選択肢 資産s, mitigating 危険 and 申し込む／申し出ing a 安定した stream of income, which can then be reinvested for better returns.'
Those saving for 退職 might also look at a buy-and-持つ／拘留する 全世界の 公正，普通株主権 基金, like Lazard 全世界の 公正，普通株主権 Franchise.
'The 基金 looks very different from its peers, with no style bias and a concentrated 大臣の地位,' says McDermott. 'It 捜し出すs out solid 産業 leaders with natural monopolies, cost leadership, strong brands, 知識人 所有物／資産／財産 or high 障壁s to 競争.'
投資家s in their late 30s should also consider 増加するing their （危険などに）さらす to 社債s, which look more attractive now than in やめる some time.
伝統的に 社債 prices are seen as having an inverse 関係 with the 株式市場. 投資 theory says this means that they are better equipped to 保護する your 投資s in the event of a market 下降. It's 価値（がある） 公式文書，認めるing that isn't 保証（人）d to always be the 事例／患者.
McDermott recommends Baillie Gifford 戦略の 社債 and Nomura 全世界の Dynamic as good starting points.
Short 投資 horizon (老年の 40- 退職)
As 退職 creeps closer, income and 資本／首都 保護 become an 投資家's 長，指導者 関心.
Hughes recommends Personal 資産s 信用 for those with more 設立するd 大臣の地位 because of its （疑いを）晴らす remit of trying to 保存する 資本／首都 first and then growing it. Its 大臣の地位 含むs cash, 社債s, 公正，普通株主権s and gold.
Over 5 years, its 逮捕する 資産 value has grown 30.3 per cent while its 株 price has 増加するd 27.3 per cent.
McDermott also 示唆するs income-oriented 基金s TM Redwheel 全世界の 公正，普通株主権 Income and Trojan 全世界の Income.?
Sam Benstead, 集団の／共同のs specialist at Interactive 投資家, recommends Artemis Income?'which 活発に 選ぶs UK 株 that have high （株主への）配当 産する／生じるs, but is also happy to own lower-産する／生じるing 株 that have excellent 商売／仕事s and strong growth prospects.'
It has a 産する／生じる of 3.8 per cent, and over the past 20 years 株 have risen 390 per cent compared with 286 per cent for the FTSE All 株 索引.
Fo r those who have already reached 退職, McDermott says 'it is sensible to have a large 配分 to high-産する／生じるing 社債 基金s, such as Man GLG High 産する／生じる 適切な時期s, and income-焦点（を合わせる）d multi 資産 基金s such as VT 勢い Diversified Income.?
McDermott 追加するd: 'These 資産 classes 申し込む／申し出 predictable income streams, helping to build a stable 創立／基礎 for your 退職 基金.'
