We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Best no risk return
pulsar
Posts: 1 Newbie
Hello,
My wife and I have around £50,000 which has recently been freed from a five year investment bond, we do not want to commit to another similar investment because I am in my sixties and simply want the best return with no risk. The interest can be paid yearly and we are willing to accept some constraints provided that there is no risk. At the moment the money is lying in our ordinary instant access building society account which is barely enough to protect it from inflation.
Any advice would be greatly appreciated.
Many thanks
My wife and I have around £50,000 which has recently been freed from a five year investment bond, we do not want to commit to another similar investment because I am in my sixties and simply want the best return with no risk. The interest can be paid yearly and we are willing to accept some constraints provided that there is no risk. At the moment the money is lying in our ordinary instant access building society account which is barely enough to protect it from inflation.
Any advice would be greatly appreciated.
Many thanks
0
Comments
-
Dear Pulsar,
I believe the best thing to do is to go to Moneysupermarket.com and check the best deals among notice and easy access savings accounts (sometimes easy access give more than notice). Also check Martin's articles on savings and what people say about particular accounts, e.g. ICICI.0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 352.1K Banking & Borrowing
- 253.6K Reduce Debt & Boost Income
- 454.3K Spending & Discounts
- 245.2K Work, Benefits & Business
- 600.8K Mortgages, Homes & Bills
- 177.5K Life & Family
- 259K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards