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£50k Savings for a charity
rick@findthatfuchsia
Posts: 175 Forumite
Hi
Looking for some advice. The charity I work with have £50k that they would like to invest to produce a yearly income.
Previously they had the £50k with Lloyds, which paid circa £1,800.00 per year over a 3 year term. They would like to do something similar.
Any advice would be appreciated.
Looking for some advice. The charity I work with have £50k that they would like to invest to produce a yearly income.
Previously they had the £50k with Lloyds, which paid circa £1,800.00 per year over a 3 year term. They would like to do something similar.
Any advice would be appreciated.
0
Comments
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Something similar would not be investing but would be savings.
Having said that stock market investment may be more appropriate if they are looking for long term income.Remember the saying: if it looks too good to be true it almost certainly is.0
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