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stash the cash?
smilermonkey
Posts: 98 Forumite
I have just sold my house and will be renting for 2 years (long story involving daughters, colleges etc...v.boring) . I have £60k that will be part of my downpayment on a house after that 2 years. Is just sticking it in an account along with an isa a year the best option? I have never been in this position before and it is more scary than I anticipated as getting it wrong has fairly big consequences (nice house vs poopy house!!!)
"grant me the serenity to accept the people I cannot change, the courage to change the one I can and the wisdom to know it's me"
Debt at highest £18249
DEBT FREE SINCE APRIL 29TH 2007:T :T :T
Debt at highest £18249
DEBT FREE SINCE APRIL 29TH 2007:T :T :T
0
Comments
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realise I haven't changed my signature as haven't been on this site for very long time. I have NO DEBT....whooppee! I shall never tire of saying that!"grant me the serenity to accept the people I cannot change, the courage to change the one I can and the wisdom to know it's me"
Debt at highest £18249
DEBT FREE SINCE APRIL 29TH 2007:T :T :T0 -
If you may want to use it after 2 years, I'd stick as much of it in a good interest paying cash ISA as possible. Then the rest I'd stick in a high interest savings account, the best possible depending upon access required etc.Debbie0
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