Barclays Defined Investment Plan

aj9648

Hi

I have about 4K tucked away doing nothing (apart from earning interest) and wanted to lock it away for a rainy day....I dont need the cash for some time and am happy to invest in some where - however I am more risk neutral than a rick 'lover'

Anyways I saw the Barclays Defined Plan guaranteeing 40% return over next 5 years if FTSE increased over the period:

http://www.personal.barclays.co.uk/BRC1/jsp/brccontrol?task=homefreegroup&value=16215&target=_self&site=pfs

Is this a good deal? Should I be considering it?

Thanks

dunstonh

however I am more risk neutral than a rick 'lover'

You will need to put that in context.

Anyways I saw the Barclays Defined Plan guaranteeing 40% return over next 5 years if FTSE increased over the period:

http://www.personal.barclays.co.uk/B..._self&site=pfs

Is this a good deal? Should I be considering it?

Its medium risk and its not the best one available at the moment.

gozomark

you can put your money into a 5 year fixed account and earn about 30%, or put it into this and get either 0% or 40% - you are gambling 30 to win 10

aj9648

sorry for late response

Sounds like this may not be best idea - can anyone point me in right direction?