No idea what to do with 150k

redmalc

Myself and my wife both have 75k in cash is a,s that mature next week with the Halifax and they have offered us a poor rate to stay with them.
We don't need the money but I just don't know where to put it,we have substantial investments in S&S is a,s but wanted a less risky home for the 150K.
Please guys help required.

jimjames

There's plenty of options inside a S&S ISA for different risks. Do you really need £150k of cash? Maybe it's worth keeping say £50k or £75k as cash and then move the remainder into low risk investments in a S&S ISA to keep the tax benefits.

Archi_Bald

Spend £20K or £30K of it on a round the world cruise whilst you can.

redmalc

Archibald we already do that, we enjoy life to the full.
Jim many thanks, any views on low risk investments in the S&S isa,s market,i had a financial advisor come to the house last week and it was a waste of tome he was more interested in getting me to move a large pension pot to their portal,i mentioned this 150K but i did not seem to get a clear recommendation