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Recommendations for medium term savings
WGPA
Posts: 27 Forumite
Hi,
I've been drip feeding long term (10yr plus) savings into the Vanguard 80/20 (share/bond) fund and intend on continuing to do so for the foreseeable (with the odd side project as well inevitably).
I also have built up a suitably sized short term slush fund of cash which i will either keep in an ISA or move into a 123 account.
My question now is what to do with medium term savings? My mortgage fixed term ends in about 4.5 years so I would like to save with a timeline around that in line.
Drip feeding appeals so i can contribute monthly, although i could do batches of payments if that helps for transaction costs.
I would be interested to hear suggestions? I was considering direct corporate bond investment to try and get a ~5% return but haven't looked into them in intricate detail yet.
Thanks
I've been drip feeding long term (10yr plus) savings into the Vanguard 80/20 (share/bond) fund and intend on continuing to do so for the foreseeable (with the odd side project as well inevitably).
I also have built up a suitably sized short term slush fund of cash which i will either keep in an ISA or move into a 123 account.
My question now is what to do with medium term savings? My mortgage fixed term ends in about 4.5 years so I would like to save with a timeline around that in line.
Drip feeding appeals so i can contribute monthly, although i could do batches of payments if that helps for transaction costs.
I would be interested to hear suggestions? I was considering direct corporate bond investment to try and get a ~5% return but haven't looked into them in intricate detail yet.
Thanks
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