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Lump Sum Investment
ian261069
Posts: 1 Newbie
I have just received £10,000 and want to invest with no risk to the money but to be able to have access to the money. Any ideas!
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Comments
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If no risk (or minimal risk**), you need savings not investments, have a look here for "best buys" http://www.moneyfacts.co.uk/menus/main/menu_savings.htm May be surprising, but most instant-access accounts pay better than notice accounts.
**Minimal risk - little chance of losing your cash, but inflation will erode it...0 -
http://forums.moneysavingexpert.com/showthread.html?t=219389
That thread covers the fact that no risk doesnt exist.I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.0
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