What to do with my money?

pauljoecoe

I have a First direct offset mortgage of £66K. I have gradually been building up my savings with FD and now have around £66K offset. I have put £5640 into ISA's for me and my wife. I have £3600 X 2 in FD regular savers which are due to mature next months.

So basically I have £7200 in cash and probably around £1000 per month spare.

What do i do with this to make something out of it? I suppose in April I can save more in ISA's but that will soon be full too.

kidmugsy

pauljoecoe wrote: »

So basically I have £7200 in cash and probably around £1000 per month spare.

What do i do with this to make something out of it? I suppose in April I can save more in ISA's but that will soon be full too.

Stocks and Shares ISAs? Pensions? Wait and see whether there's going to be a new issue of ns&i Index-Linked Savings certificates?

Gold sovereigns, Jimmy O'Goblins and Pieces of Eight?

innovate

http://forums.moneysavingexpert.com/showpost.php?p=58222499&postcount=4

atush

Do you have a pension? Any investments (ie equities)? That is where to go after you have enough cash saved.

Nicholas-bloody-Parsons

Savings rates are so freaking low, youd be better off spending all your cash on fast cars and easy women.

jimjames

Nicholas-bloody-Parsons wrote: »

Savings rates are so freaking low, youd be better off spending all your cash on fast cars and easy women.

And then waste the rest

If you haven't done a S&S ISA then that is an option, I assume from the amounts that you are working rather than retired so pension is also worth looking at.