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
Monthly Income
lolly5648
Posts: 2,257 Forumite
I am about to receive have a lump sum (around 30,000) that I would like to invest for monthly income. I wont need to touch the capital for at least 5 years.
Where would be the best place to put this?
Where would be the best place to put this?
0
Comments
-
Hi, lolly,
I would be inclined to put it into a fixed term high interest savings account, with a monthly interest option. You can compare accounts here -
http://www.moneysupermarket.com/
or here
http://www.moneyfacts.co.uk/
HTH
Cheerfulcat0 -
Thanks for that
Lolly0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 354.2K Banking & Borrowing
- 254.3K Reduce Debt & Boost Income
- 455.3K Spending & Discounts
- 247.2K Work, Benefits & Business
- 603.8K Mortgages, Homes & Bills
- 178.4K Life & Family
- 261.3K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.7K Read-Only Boards
