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Advice

beguiling
beguiling Posts: 1 Newbie
in Savings & investments
I have 250k that I wish to invest, however 48k of that is accounted for paying for my mother's nursing home per year.

Comments

  • teddysmum
    teddysmum Posts: 9,522 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    You haven't actually asked a question, but you will gain information by reading the numerous threads about investments/savings .
  • jimjames
    jimjames Posts: 18,804 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    Just to add to the previous reply, no one here can give advice. You may get suggestions and ideas but it's not advice.

    If you don't understand about investing then you may want to speak to an IFA
    Remember the saying: if it looks too good to be true it almost certainly is.
  • TheShape
    TheShape Posts: 1,896 Forumite
    Ninth Anniversary 1,000 Posts Name Dropper Combo Breaker
    beguiling wrote: »
    I have 250k that I wish to invest, however 48k of that is accounted for paying for my mother's nursing home per year.

    So you might need all of that 250k over the next five years. Don't be doing anything risky with it.
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