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Lump sum of £40,000 but no idea where to put it
Ragtimeplayer
Posts: 1,235 Forumite
A friend of mine has a lump sum of £40,000, spread over 5 accounts, none of which are earning him any real interest.
Can anyone advise where he should put it to maximise the gains?
He doesn't need access to it for at least a year.
Can anyone advise where he should put it to maximise the gains?
He doesn't need access to it for at least a year.
Stopped smoking Jan 2007 after 23 years!
Cigarettes NOT smoked = 240,945
Smoke free days = 11 Years :T
Cash saved so far = £125,45,11
0
Comments
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I'd take a look at www.moneyfacts.co.uk and take it from there.
www.egg.com for a 3.25% easy access account.
Post Office for a one year fixed account at 3.85%.0
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