We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide
Where to place 500k+ for safe short term investment
colin207
Posts: 1 Newbie
Someone I know is expecting to receive 500k or more shortly from a house sale. They're likely to have it lying around for a couple of months or so before buying another property. Obviously they want to earn some interest but it needs to be rock solid safe and easy to withdraw with say 14 days notice.
Any recommendations?
Thanks
Any recommendations?
Thanks
0
Comments
-
My bank account...I enjoy flower arranging, kittens, devil worship, the study of serial killers and their methods and road kill jigsaws.0
-
Split across bank accounts only.
Investing inappropriate for such a short duration.0 -
..no such thing as "short term investment"...stick to banks or NSI, and simply choose those that offer the best rate for instant access, but don't expect to get more than 1-1.5% (if your lucky!)0
-
0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 354.5K Banking & Borrowing
- 254.4K Reduce Debt & Boost Income
- 455.5K Spending & Discounts
- 247.4K Work, Benefits & Business
- 604.2K Mortgages, Homes & Bills
- 178.5K Life & Family
- 261.7K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.7K Read-Only Boards