ISAs - Individual Saving Accounts are an easy way to save and invest. They currently allow you to invest up to £7,000 each tax year. A stocks and shares ISA may be suitable for people who are prepared to accept a risk that the value of their investment and income from it can go up or down and they may not get back what they originally invested. You should look to invest for at least 5 years and have other savings to meet your short-term needs.