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house sale ,250k,where to invest

have recently sold house and have 250k to invest short term(6-12months), does anybody have any sensible ideas apart from egg and b&b, many thanks

Comments

  • dunstonh
    dunstonh Posts: 120,029 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    It would be foolish to invest for just 6 months. You would be much better to place it in a savings account.
    I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.
  • I can't think of anything which might be acceptable to you.
    ...............................I have put my clock back....... Kcolc ym
  • deemy2004
    deemy2004 Posts: 6,201 Forumite
    depends on how much risk

    If you want risk, then potential a punt on the stock market for the next 6 months may be good  :o
  • johnllew
    johnllew Posts: 1,928 Forumite
    IIWY, I wouldn't invest in anything risky. If you want a rock solid investment, with a possibility of a high return, why not put £30k into premium bonds? Or £60k with your partner? You could win the big one (£1m) and you'll still get all your money back (less a small amount of inflation).

    http://www.nationalsavings.co.uk/products/pb/index.jsp
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