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10K to invest

Hi everyone. Please help. I've got 10K saving, what do you think is the best way to invest it. I don't really need to touch it for 1 to 2 years. Thank you.

Comments

  • dunstonh
    dunstonh Posts: 121,288 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    1 to 2 years is not enough time to invest. Stick to savings.
    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.
  • isofa
    isofa Posts: 6,091 Forumite
    3K into an ISA (if you haven't already used your allowance), the rest into a high-interest savings, either instant access (around 6.2 to 6.3% gross) or a fixed rate bond at 1 to 2 years at around 7% gross if you shop around.
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