We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide

where to invest?

Afternoon

Fingers crossed I'll be selling my house soon and won't be buying anywhere for 6-12months, so I'm just wondering what I should do with the money I'll get from the house (approx 80k)

can anyone advise?

I was thinking about premium bonds and then ISAs but what else do I need to think about.

Thanks

Comments

  • edinburgher
    edinburgher Posts: 14,514 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Well, for 6-12 months you're looking at savings only, not investments.

    £21k split between 3 Lloyds Vantage accounts, £1k/mth through the Halifax current account that gives you £5/mth, £30k in Premium Bonds, £max in your cash ISA and the remaining £20k or so in the highest rate instant access acc you can find or a one year fixed rate bond?
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 354.1K Banking & Borrowing
  • 254.3K Reduce Debt & Boost Income
  • 455.3K Spending & Discounts
  • 247.1K Work, Benefits & Business
  • 603.7K Mortgages, Homes & Bills
  • 178.3K Life & Family
  • 261.2K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.