£100k saved. Want to invest for about 12 mnths.

Bonam25

Hi,

I've got £100k saved and want to tie it up for about a year. I'm also a non-UK resident. What are my best options?

I'm willing to accept some risk, but don't have any knowledge of the stock market.

Any advice would be gratefully received.

A

JohnRo

From what little I know, investing for 1 year in anything related to equity values without a capital guarantee is a huge risk. Investing for longer is as well but at least there is time for a recovery if 2012 proves to be a particularly bad year for equity or real estate values.

There is still a looming Greek debt default, wider Euro zone debt crisis and a US election later this year with all their rapidly growing debt concerns. Amid global economic slow down and general financial uncertainty you'd be very brave to take a punt on equities doing well for one year with anything but a small fraction of that.

High interest savings are your best bet imho.

Annisele

I'd agree; 12 months is a very short time period. Unless you're willing to take a very high risk, I think you should consider saving rather than investing.

Will you definitely want your money in sterling after the year? If not, you might want to consider hedging the currency risk.

redmalc

AA savings 3.6% 1 year fixed,very easy to set up

opinions4u

redmalc wrote: »

AA savings 3.6% 1 year fixed,very easy to set up

Condition 3.1 says "You must be resident in the United Kingdom to open an account."

The OP isn't.

getmore4less

whats the plan for the money in a years time.

That may infulence the suitable choices.