ok i admit it ... i dont know what im doing

trademark

i got a 40k pay off today from my service career , i still have my isa allowance for this year , and my wifes ... im planning on using the 6k on a ns&i mini cash isa ... i have 12k on the stock market so i dont want to really use it on that directly ... and was thinking about a geb ... which ive now heard is a rubbish idea

so i need a home for 34k this week really , its in my halifax current account at the moment ...

ive got other isas from previous years and 30k of premium bonds

will the halifax switch it to a savings account while i think about it ?

thanks for any ideas ... i did a post recently but bonds were mentioned as i originaly liked the idea of the abbey super isa ...

oh i also have x2 teeneagers 16 and 17 ... can i use their allowance legally or would it be a gift of 3k to them ... i can trust them 100%

jem16

Open a web saver with Halifax and put it in there while you think about it. It's not the top paying savings account but will do for the moment.

i have 12k on the stock market so i dont want to really use it on that directly ... and was thinking about a geb ... which ive now heard is a rubbish idea

The GEB is stock market linked too. However it's the company that make the money, not you.

The stock market isn't all one risk level. Why don't you get the help of an IFA who can provide a suitable investment to suit you and your risk profile?

oh i also have x2 teeneagers 16 and 17 ... can i use their allowance legally or would it be a gift of 3k to them ... i can trust them 100%

Legally the money would be theirs.

You and your wife have another £4k each for your ISA allowance which you could use to invest in a S&S ISA.

Or you could use NS&I Index-linked Savings certificates.