Invest a lump sum - where do I get the best returns?

Chris_in_Bridgend

We just sold our house and we can put some money away for a couple of months (or up to a year). Depending on the length of time it can be less (for longer) and more for shorter periods of time.

Where do I get the best return for the money? I've already looked at regular savings accounts but I'm not sure if that is the best option?

Chris

dunstonh

You shouldnt invest the money when only looking for a short term. You need to stick to deposit based accounts. Take a look at the multitude of recent posts that ask the same question and get the same responses.

missile

You seem a little confused, whay regular savings for a lump sum?

There is no such thing as "best return" rates will change day to day.

Chris_in_Bridgend

Both, thanks for your advice...
...Yes I'm a bit confused (never was in a position to invest before) so this is all new to me!.

Missile, if your glass is half full...then you should use a smaller glass...;)