My dad has recently died

juicyappleflan

My dad has recently died and left his three grandchildren (my neices and nephew) £1000 each. Before he died he asked me to take charge of the money until the children reach 18 (as my brother, their dad is not very good with money) they are now 14, 12 and 10 years old. I have been looking around but am still unsure of the best way to invest this money, could anyone advise me please, thanks

Any

Do you want the safest way at the moment?
Go to NS&I and lock them for fixed term at fixed rate. 12-24 mths. Once the term is out we will hopefully be out of this mess and than you can look at ways to "invest" them.
I personally wouldn't risk anything else in this unsettled climate..

Lokolo

And the timeframe for investing isn't long enough really.