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£4000 to invest long term
bs0u0128
Posts: 429 Forumite
i have £4000 that id like to put in a 'rainy day' savings, withdrawals not necessary, for a high rate of interest, any ideas where i should look? if an ISA is a possibility, can someone explain it in proper thicko language please? im looking for a long term, high interest savings account, that i can just leave it in and let it grow over time :)thanks
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Comments
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invest or save?
you say invest but then you suggest savings. If its long term, then investments would be better. If its short term then cash savings would be better.
What sort of timescale do you see it being there? think about your risk profile?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.0 -
anything thats no risk with a good rate of growth really, yrs in terms of length0
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there are no risk free investments with a good rate of growth0
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