best place to invest

Lesley57

end of this month I get a lump sum from my BT Pension, I have nearly £30,000, can afford to invest £17,000 and not touch it for 5 years and will use the rest to pay off car loan and get some jobs done at home, will also add a small amount each month, best place to invest please, have seen a couple of Fixed rate ISAS that give 8.00% interest but I havent heard of the companies that are offering that, also are NSI growth bonds worth investing in

thanks

Lungboy

There are no legitimate ISAs offering 8%.

badger09

Do you mean invest, or save?

What is the significance of 5 years? Will you need all of the £17k at the end of 5 years?

Do you have an emergency fund in cash? Any other savings or investments?

dunstonh

Is leaving the lump sum in the pension the best option financially?

coyrls

Jimmy-Hockins wrote: »

Have you heard about investing in minerals and metals? A kind of alternative of cryptocurrency investing wich is much more popular now.

Nonsense. How is investing in minerals and metals "a kind of alternative of cryptocurrency investment"? It's only a kind of alternative in the sense that it's probably equally as stupid.