How to Invest £28,000 wisely

flyfto

I have 4300 rolls royce shares and am confused what to do with them wether to sell and invest or keep !

if i sell i can leave money untouched for 5 years, i am not willing to take any risks with the money and any advice on what to do with money would be most helpful. ie savings accounts etc.....



thanks in advance

DavidHayton

flyfto wrote: »

i am not willing to take any risks with the money and any advice on what to do with money would be most helpful. ie savings accounts etc.....thanks in advance

Hi flyfto, if you are not willing to take any risks with your capital then you should sell the shares and deposit the proceeds in a savings account. There is a guide on the main board to savings accounts:
http://www.moneysavingexpert.com/banking/.

If you leave the money in shares it could very well go down as well as up, Whilst it is unlikely that you will lose money over five years, this can and does happen.

Best wishes, david

Lokolo_2

In that case, it may be best to put your £28k into fixed term bonds for 5 years, you can get up to 4.75% interest (before tax!) for that length of time

As DavidHayton said, check out the Banking/Saving tab at the top of this page and it will give you links to the above mentioned account and plenty more options :beer:

CLAPTON

with inflation the way it is there is no available 'safe' saving or investment a/c now that index linked saving certs are closed.

opinions4u

This should probably be read in conjunction with this thread on the mortgages board.

there is no available 'safe' saving or investment a/c now that index linked saving certs are closed

Although the new BM product may provide an element of RPI protection if you have a suitable non-taxpayer sat around the house somewhere.

jimjames

I'm confused! Your post says "am confused what to do with them wether to sell and invest or keep" and also " i am not willing to take any risks with the money "

The two sentences are totally at odds with each other! You cannot keep the shares without having any risks.

Can you clarify, are you happy for this money to continue to be invested in the stock market where it can go up and down or do you want to have the capital completely guaranteed but lose out to inflation?

The money at the moment is fairly high risk being in a single company and the affect that any unexpected event could have on that share price (blown up engine anyone?), if you are unhappy with that level of risk but are prepared for some risk then I would suggest a diversified fund covering the whole UK market.

lampard

Id agree with bonds

opinions4u

lampard wrote: »

Id agree with bonds

Investment bonds?

Corporate bonds?

Billy Bonds?

I think you need to be a little more specific.

flyfto

to jimjames

i am not willing to re-invest in the stock market ! only considering keepin shares as RR are in a strong financial position and have record order books, as u say only a blown up engine etc away from a drop in price.

I do not want to risk the capital ie the 28k

cheers

jimjames

flyfto wrote: »

to jimjames

i am not willing to re-invest in the stock market ! only considering keepin shares as RR are in a strong financial position and have record order books, as u say only a blown up engine etc away from a drop in price.

I do not want to risk the capital ie the 28k

cheers

Like I say the two things do not stack up. RR shares are part of the stock market. A single company share is far more risky than investing in say a FTSE 100 tracker that covers the whole UK market. Lloyds, RBS & BP would have been seen as very strong companies a few years ago and look what happened there.

You are already risking the capital of £28k by keeping the RR shares so if that is really your objective then you should sell asap.

flyfto

my shares mature on feb 2nd as it is an employee sharesave scheme !
i am able to sell then.

i appreciate what you are saying re all eggs in one basket a bad move, this is why i am asking advice,
so thanks for advice, most appreciated