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what to do with a few grand?

I have four or five thousand I would like to put by, what is the best thing to do with it? ISA or similar?

Comments

  • badger09
    badger09 Posts: 11,771 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    the_mixer wrote: »
    I have four or five thousand I would like to put by, what is the best thing to do with it? ISA or similar?

    Not enough info:cool:.

    However, if by ISA you mean Cash ISA, then the answer is almost certainly No.
  • webnibbler
    webnibbler Posts: 167 Forumite
    Tenth Anniversary 100 Posts Name Dropper Combo Breaker
    How long till you need it? What are you saving / investing for?
  • xylophone
    xylophone Posts: 45,908 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    If you want to keep it on hand but earning a bit of interest consider opening a TSB Plus and a Nationwide Flexdirect - pop the "odd" £500 into the Flexdirect monthly regular saver and adding the accruing monthly interest to that plus whatever else you can afford to save up to £500 a month?

    Move the Flexdirect current account and saver on after a year - a Lloyds Club/a couple of Tesco etc?
  • count whether it is four or five
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