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Where to Invest £30,000

spike17

spike17 Posts: 3 Newbie

4 August 2015 at 1:29PM in Savings & investments

Hi, I'm a married pensioner aged 65 looking for advice where to invest £30,000. My wife, who is a non-tax payer, and I already have the full range of interest paying current accounts. We do not need income and would be looking to invest the £30,000 for between 5-10 years. Any suggestions.

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Comments

jimjames Posts: 18,755 Forumite

4 August 2015 at 2:17PM

£15k in S&S ISAs each?

Remember the saying: if it looks too good to be true it almost certainly is.
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xylophone Posts: 45,667 Forumite

4 August 2015 at 3:10PM

Presumably neither of you has earned income but you could still consider the pension option until you are 75?

http://www.telegraph.co.uk/finance/personalfinance/pensions/11012663/Tax-loophole-boost-your-pension-by-88pc-a-year.html

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atush Posts: 18,731 Forumite

4 August 2015 at 3:46PM

I would use a S&S isa. Into whatever funds/trusts that fit your risk profile.

If you can determine it yourself, you can choose them your self.

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