How To Invest 25000

Hi,

my girlfriend recently came into some money and wants to put it away for a rainy day. I was wondering if you have any tips on how to invest it. The only info I could give you is that she doesnt mind not being able to touch it for a while and she would want it to be a low risk investment.

Thanks

Comments

  • G_M
    G_M Posts: 51,977 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    How far off is the rainy day and how long is 'a while'?
    A couplke of months?
    A couple of years?
    Ten years?

    Big difference!
  • tradetime
    tradetime Posts: 3,200 Forumite
    How To Invest 25000
    Carefully. You're a little sparse on info. If you are talking anything less than 5 years, then I am not sure there is any "Investment" that I'd call low risk in the current envoironment. For a 2 year fix you could save it in ICICI bank at 4.90% which seems a fairly decent rate at the moment. The bank is fully FSCS covered. Other than that on the current info, I couldn't say.
    Hope for the best.....Plan for the worst!

    "Never in the history of the world has there been a situation so bad that the government can't make it worse." Unknown
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