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PIBS vs Ratesetter?

caronoel · 2015-08-15 12:55:16

Mrs Caronoel and I have come into a bit of a windfall recently, and are now sitting on a six figure sum and wondering g where to invest it for the next 3 to 5 years. We are happy to take a modicum of risk, so I was considering either a crowd funding site like Zopa or Rates ether (offering rate of 5% and up) or sticking it…

Comments

jimjames Posts: 18,891 Forumite

17 August 2015 at 9:19AM

Does it all need to be available in 3-5 years time?

You both have an ISA allowance of £15k so you could put £30k of it into S&S ISAs with a mix of funds. Still gives the remainder available short term but more possibility of growth. Money would be accessible in S&S ISA but should be considered for 5 years plus.

Remember the saying: if it looks too good to be true it almost certainly is.
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