Cash Isa Maturing July

redmalc

We are approaching sixty years of age and done very well on the markets to date,have substantial amounts still in taking the risks and happy to do so.
However we have two cash Isa,s maturing shortly with Approx 180K,somewhat fed up with the low interest rates and looking at investing into less volatile fund,Vanguard 40,Fidelity Moneybuilder etc etc.
I expect there must be a lot of people sailing the same boat as ourselves,comments please.
I have pension pots of 250K, still working and contributing £1500 per month and debt free.

greenglide

I would imagine that the absolute number of people who hold £180k in Cash ISAs is fairly low, bearing in mind that the number of people who have £180k isnt going to be large anyway!

Does the answer to this not depend on what your other investment are along with what your long term aims are?

cloud_dog

Would a diversification of a proportion in to bonds or bond funds be worth considering?

redmalc

Cloud Dog
Thats an option,if i could get in the region of 5% interest that would be great

bigadaj

redmalc wrote: »

Cloud Dog
Thats an option,if i could get in the region of 5% interest that would be great

You can certainly get that level of interest, however it would probably result in an erosion of capital, and getting less back than you put in. Bonds may well lose money as interest rates rise. So you need to be careful and do your own research, ultimately better taking a low return with full return of capital than a higher return with loss of some of that capital.