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help with 30,000

Options
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

Comments

  • Farway
    Farway Posts: 14,696 Forumite
    Part of the Furniture 10,000 Posts Homepage Hero Name Dropper
    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 choices
    Eight out of ten owners who expressed a preference said their cats preferred other peoples gardens
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