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How To Invest 25000
thanello
Posts: 1 Newbie
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
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
0
Comments
-
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!0 -
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.How To Invest 25000Hope 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." Unknown0
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