Where can I Safely Invest £100,000?

mattjeffery

Where would be a safe place to invest £100,000 for my kids?

Matt

Lokolo

Invest or Save?

mattjeffery

Lokolo wrote: »

Invest or Save?

Well where is the BEST place to put it?

brummybloke

you could put it in my bank and i will look after it for you?

on a more serious note, you could sort out some cash isa's and trusts in the kids name if the money will purely be for them

Lokolo

I don't know because I don't know if you want to save or invest!!!!!!!!!

mattjeffery

I dont mind investing somewhere safe

agsnu

Define "safe". All investments have an element of risk.

mattjeffery

agsnu wrote: »

Define "safe". All investments have an element of risk.

good point - somewhere where my investment will be guaranteed

Reaper

Sounds like you want child trust funds put into savings accounts then. Click here for details.

However bear in mind that if you are saving for a long period of time some element of investment (which also means risk) will give better returns, even with the occasional stock market crash. Perhaps start with savings and drip feed into investments?

EDIT: Before going for a CTF make sure you understand what it involves. You won't have access to the money, just your kids when they are older, but it is likely to give a tax advantage. Details here.

EDIT 2: Actually what am I talking about? As you are talking about a lump sum it is too big to put into a CTF all in one go.

Andy_L

National savings.