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Best investment Advice
CJAdeMC
Posts: 1 Newbie
A friend has sold a property and received some money from this but is not looking to reinvest for a year to 18 months. What would be her best option to keep this safe and possible gain a little?
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A friend has sold a property and received some money from this but is not looking to reinvest for a year to 18 months. What would be her best option to keep this safe and possible gain a little?
Have a look at the links at the top of the page.
If she's prepared to spread it around & do some work, then a combination of high interest current accounts & regular savers would earn the most.
Usual FSCS limit is £85k per financial institution, but unlimited (for most people) for 6 months following house sale, so she could dump it all in Marcus @ 1.5%, then if over £85k, move some elsewhere.
Or for ease - NS&I unlimited cover.0
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