We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Investment options?
fatman_2
Posts: 440 Forumite
Hi all,
I am 50 and have £30,000 to invest, and can tie it up for 5 years, I can put it in a savings account and earn about 4% intrest/year. But I am looking to get a better return.
Everyone please give me some guidance
Thanks,
I am 50 and have £30,000 to invest, and can tie it up for 5 years, I can put it in a savings account and earn about 4% intrest/year. But I am looking to get a better return.
Everyone please give me some guidance
Thanks,
0
Comments
-
There are tens of thousands of options that fit that criteria. We will need more to go on if you want the options narrowed down from that.
tax position and risk profile are good starters. Will the funds be used for fixed purpose. i.e. to spend in full in 5 years or will it be open ended until some is needed every now and then?I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 351.7K Banking & Borrowing
- 253.4K Reduce Debt & Boost Income
- 454K Spending & Discounts
- 244.7K Work, Benefits & Business
- 600.1K Mortgages, Homes & Bills
- 177.3K Life & Family
- 258.4K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.2K Discuss & Feedback
- 37.6K Read-Only Boards