26% with Moneybox. He advised against making investment decisions based on short-term fluctuations, emphasizing a long-term perspective for investments. According to Daily Express - Finance, Lewis described that for a broad portfolio over a five-year period, investing will generally outperform saving.
However, Lewis is not a regulated investment advisor and cannot advise on specific investments, a limitation he acknowledged. To mitigate market volatility, he suggested using pound-cost averaging by drip-feeding investments over time. According to Daily Express - Finance, Lewis described this tactic as smoothing out short-term volatility by holding cash within a stocks and shares ISA and gradually purchasing funds.
The current ISA allowance allows up to £20,000 per tax year, split between cash and stocks and shares ISAs. Unknowns include what specific investments are in Helen's HSBC investment ISA that lost value, how much the oil price has spiked due to the Iran war, and what specific changes to ISA allowances are coming up soon.