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short term investment.

Due to the sale of a house, where would be the best place to invest £250K for up to 6 months, apart from forum members back pockets !

Comments

  • dunstonh
    dunstonh Posts: 121,944
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    Forumite
    You shouldnt invest as the time scale is too short. You should stick to savings accounts.

    I dont follow savings accounts rates that closely but there is usually a thread a day on who is offering the best rates. So, take a peek at one of those.
    I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.
  • RayWolfe
    RayWolfe Posts: 3,045
    1,000 Posts Combo Breaker
    Forumite
    Follow what Dunstohn says but always look here first:
    http://www.moneysavingexpert.com/cgi-bin/viewnews.cgi?newsid1098730527,15721,
    All the work is done for you and this advice applies to all the others who write: Whats the best rates for this, that and the other!
    It's so much easier than posting here. Having said that however, if you've done that and are not clear about any aspect of what you've found then, by all means ask supplementary questions here.
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