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Where to invert £30,000 over 5 years??

Hi there just what the title says really my mum and dad have £30k to invert for the next 5 years. Thet want it to be guaranteed. what could they expect back after this time?? I can only find the post office site which tells you what you get back after the term any ideas??

thank you for your time

Andy

Comments

  • skylight
    skylight Posts: 10,716 Forumite
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  • tomstickland
    tomstickland Posts: 19,538 Forumite
    10,000 Posts Combo Breaker
    I can "invert" money!
    If they want it to be guaranteed then they don't want to invest. They are looking at a savings account of some sort. There are several instant access accounts paying up to 5.65%. They can put £3K per year into a tax free cash ISA. This is just a tax-free savings account.
    I think they need to look into fixed term bonds or non-instant access for the best rates. Take a look on the main MSE site.
    Happy chappy
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