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Investment advice on 20k +
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thanku1
Posts: 164 Forumite
We have been saving some money for deposit on house and saving now stand at over 20k.
I am in no rush to buy the property plan to wait till house prices settle.
I have already taken out ISA both for me and my wife.
What do you guys things are my best option.
As this is all our life saving so I do not want to take too much of risk however would not mind spending some part of it in shares of bluechip companies.
Kind regards
I am in no rush to buy the property plan to wait till house prices settle.
I have already taken out ISA both for me and my wife.
What do you guys things are my best option.
As this is all our life saving so I do not want to take too much of risk however would not mind spending some part of it in shares of bluechip companies.
Kind regards
0
Comments
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Investing should be considered for terms in excess of 5 years. You shouldnt consider a term less than that unless you are high risk in investment terms which you say you are not.
In which case, you should stick to savings accounts.I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.0
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