I want to spend this years Isa allowance on a basket of carefully chosen shares. My previous years Isa's are all Unit and investment trusts. My Isa is with H&L and so get initial fee refunded on Unit trusts.
Is it cheaper to buy shares for my Isa or continue with unit trusts?
My first share is going to be Tesco, but how much should I buy considering my Isa allowance? Should I divide my allowance equally between shares and if so how many shares should I choose to maximise costs etc.
Any ideas would be most gratefully received. I am 47yrs old so do want a mixture of good yielding shares with growth potential.