where to invest large amount

andswife

have premium bonds and Isa, looking for another home, as have savings with two banks which are going to merge so looking to diversify, ir High income bonds??
have appt with a financial advisor, but find it totally confusing, Im the generation who just saves in a building soc. any further advice appreciated

opinions4u

andswife wrote: »

have premium bonds and Isa, looking for another home, as have savings with two banks which are going to merge so looking to diversify, ir High income bonds??
have appt with a financial advisor, but find it totally confusing, Im the generation who just saves in a building soc. any further advice appreciated

If its the bank's own financial adviser I'd suggest you cancel.

Normally I'd suggest an Independent Financial Adviser, but if you think you need this money in two years anything beyond deposit based savings accounts is inappropriate.

In the short term, get the money in an easy access savings account paying 2.75% or more.

Look at Xylophone's links or the links at the top of this page.

missile

andswife wrote: »

........, Im the generation who just saves in a building soc. .........

What generation would that be?

Tolley99

Consider the KRBS which is currently paying 3.4% for 12 months.
Tolley

oldvicar

missile wrote: »

What generation would that be?

Watch: The Video

People try to put us d-down (Talkin' 'bout my generation)
Just because we get around (Talkin' 'bout my generation)
Things they do look awful c-c-cold (Talkin' 'bout my generation)
I hope I die before I get old (Talkin' 'bout my generation)

This is my generation
This is my generation, baby

andswife

thanks any more info appreciated too
We are Baby Boomers, children of the !! 60's!!

dunstonh

We are Baby Boomers, children of the !! 60's!!

So you are actually from a generation that does significant volumes of investing.