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Martin Lewis to ISA Holders: Don’t Panic Over Dips, Move Cash to Better Rates

He used a viewer’s recent loss to underline a 5–10 year investing horizon.

Overview

  • On ITV's This Morning, Lewis responded to a viewer holding about £13,000 in a low‑rate Halifax cash ISA and just over £16,000 in an HSBC investment ISA that fell by more than £200 in three weeks.
  • He urged savers to transfer poor‑paying cash ISAs to higher‑yield options, citing Moneybox at 4.26% as an example.
  • He cautioned against selling investments because of short‑term swings and said people should judge stocks and shares ISAs over 5–10 years.
  • He said a broad UK or US tracker fund held for the long term is likely to beat saving, while stressing there are no guarantees.
  • He noted he is not a regulated investment adviser and cannot give specific recommendations, as coverage linked recent volatility to Middle East tensions and concerns over the Strait of Hormuz.