Best place for £200k savings

cats_123

When we sell our house we will have approx £200k in cash that won't be needed for 2 years.

Given that we should only keep £50k in each bank institution, what does the forum suggest is the best place to stash our cash?

We have already used our ISA allocations (cash & stocks & shares) and have some other investments, 2 year bonds, 6 year bonds etc. but can't make up our minds as to where to go next.

Not the most stressful decision to have to make but would appreciate any advice

malik999

Multiple 1 and/or 2 year bonds with the best interest rate. I think you know this

YorkshireBoy

cats_123 wrote: »

Given that we should only keep £50k in each bank institution

"We" presumably means there are two of you. In which case a joint account will give you £100K joint 'protection', meaning you don't need as many account providers as you thought.

Gwhiz

Put it all on the 2:30 at Newbury.

D1zzy

cats_123 wrote: »

Given that we should only keep £50k in each bank institution, what does the forum suggest is the best place to stash our cash?

The 50/100 (joint) K protection includes interest so your deposits should be less than 50K

lostsoul25

start matched betting with that £200K . better rate than in the bank