Advice for investments

OldManRiver

Morning All,

I have never invested or had much savings but having a bit in my account now I am looking at the best way to invest or best savings accounts?
It seems pretty pointless the money just sitting in my current account so looking for any advice possible as I haven’t a clue!?!

Many Thanks

OMR :T

ColdIron

You could make a start by reading the How to Start Saving link above

Zanderman

ColdIron wrote: »

You could make a start by reading the How to Start Saving link above

And after that the guide to the best accounts to choose: https://www.moneysavingexpert.com/savings/savings-accounts-best-interest/

OldManRiver wrote: »

I have never invested or had much savings but having a bit in my account now I am looking at the best way to invest or best savings accounts?
It seems pretty pointless the money just sitting in my current account so looking for any advice possible as I haven’t a clue!?!

Actually a current account - if you open one of the interest-paying ones - might be exactly the right place for your money, depending on how much there is. Some of the best interest rates are on current accounts. No need to switch, just open an additional one.

And, by the way, on a pedantic point, you're probably not looking for investment advice (unless locking money away for 5-10 years), you're looking for savings advice, Investment is another matter entirely. And 'advice' on investments is a regulated activity. Savings are much simpler.