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Best saving option for £20k

mikeyw · 2011-01-27 12:45:36

Hi, I've won and lost some decent money on the stock market in the past but have £20K that i keep as my safety net money. At the moment it's just sat in my current count earning very little. I don't really want to tie it up in ISA's and premium bonds seem to return little unless you get lucky. So really i'm just looking at…

Comments

Wobblydeb Posts: 1,046 Forumite

8 February 2011 at 10:45AM

King_Weasel wrote: »

Are you sure this is included in the £1000/month requirement? I've played safe so far and paid in money from elsewhere. (It doesn't stay there, of course, once the £7000 max is reached.)

Yep - I don't put any new money in, I just go in once a month and transfer £1,000 around between the 3 accounts...

I quite enjoy doing it, and checking that the money is still there of course

I've got a plan so cunning you could put a tail on it and call it a weasel.
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