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Dad in nursing home advice about investment.

Hello,:)
I am deputy for finance for my father who is in a nursing home.

I would really appreciate advice on where I can invest
£11,000 which is at present in a Santander Fixed Rate Bond.
It goes without saying that it must be a safe investment.
I was wondering about NSI certificates but am unsure which ones.

Thanks for taking the time to read this.

Comments

  • le_loup
    le_loup Posts: 4,047 Forumite
    NS&I Index Linked
    Totally safe, 0.5% interest each year plus RPI.
    Five year saving but you can withdraw after one year with very little penalty.
  • arnold49
    arnold49 Posts: 13 Forumite
    Thank you so much le loup.
    I was unsure of the penalty's.
    All this is new to me so it's a sharp learning curve.
    Thanks again.
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