We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
help with 30,000
loulabell1984
Posts: 7 Forumite
my aunt has moved house and made some money:T but wants to invest it without risk.
what is the best way of doing this and where can we get some information on it.
she has already invested some more money in premium bonds and just needs some advice on the rest.
layla
what is the best way of doing this and where can we get some information on it.
she has already invested some more money in premium bonds and just needs some advice on the rest.
layla
0
Comments
-
There is no "investment" without risk, if you mean "save" then her first option should be a cash ISA, 3,600 with tax free interest
The rest could be in a high interest savings account, depending on if she may need it quickly, or can leave it alone, then either a fixed rate and term or instant access
More likely a split between these options
Martins "Banking / Saving" will guide you through the choicesGardener’s pest is chef’s escargot0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 351.7K Banking & Borrowing
- 253.4K Reduce Debt & Boost Income
- 454K Spending & Discounts
- 244.7K Work, Benefits & Business
- 600.2K Mortgages, Homes & Bills
- 177.3K Life & Family
- 258.4K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.2K Discuss & Feedback
- 37.6K Read-Only Boards