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£1000 to invest!

juno
Posts: 6,553 Forumite


In September, I'm getting a £1000 grant. I'm thinking about investing it somewhere, but I don't know where.
I don't need instant access to my money, but I do need to be able to get it if I need it.
I'm 18 and a student and I have no idea where to start!
I don't need instant access to my money, but I do need to be able to get it if I need it.
I'm 18 and a student and I have no idea where to start!
Murphy's No More Pies Club #209
Total debt [STRIKE]£4578.27[/STRIKE] £0.00 :j
100% paid off :j
Total debt [STRIKE]£4578.27[/STRIKE] £0.00 :j
100% paid off :j
0
Comments
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if you are a student....are you within you allowance (ie under £4675 i think) if so, you could invest it in halifax regualr saver account. you are allowed to invest £250/month max and will earn 6.05% gross
if you are over you allowance then there are some very competitive ISAs at the moment, which you should be able to navigate to on http://www.moneysupermarket.com
you could always have a stab at premium bonds, for a bit of fun.
HalcyonA shadowy flight into the dangerous world of a man who does not exist.
A young loner on a crusade to champion the cause of the innocent,
the helpless, the powerless, in a world of criminals who operate above the law.0
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