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Can you Help me.

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Hi All.

I have around 30.000. to invest in January, where is the
best place to invest the money for 6-12 months to get the
best return on my investment.
stave2.

Comments

  • daveonline
    daveonline Posts: 175 Forumite
    When you say invest do you mean a savings account ? If so your first place to look would be -

    http://www.moneysupermarket.com/

    You can then put your preferences in and search for the best rate of return.

    If you mean invest as in stocks and shares or similar, i dont think this would be a good idea( infact very bad ) as the time scale is to short and it sounds like you need the money for a specific purpose in 6-12 mths and stock markets could easily fall in that time, you would then need the money and suffer a lose by withdrawing your money. Ideally a share based investment should be looked at for investing for a minimum of 4-5 years.

    Hope this helps.
  • stave2
    stave2 Posts: 5 Forumite
    Thanks Daveonline for your Help.
    stave2
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