Money sitting in current account with nowhere to put it

Another_Saver

[Deleted User] said:

Put 5% of it into Bitcoin. Do nothing with the remaining 95%. With little bit of luck you will beat all these "expert" suggestions how you can open 10 current and saving bank accounts paying less than inflation.

And you are only risking 5% of your capital.

Please don't. Bitcoin is not an investment, certainly not something amateur retail investors should be looking at.
 I've explained about bitcoin in a previous post: https://forums.moneysavingexpert.com/discussion/6206205/bitcoin/p1

pip895

It is quick and easy to stick some in premium bonds and only a few days delay to withdraw - equivalent to 1% interest.  Agree with the above - avoid the likes of Bitcoin but if you can tie some of the money up >5 years then do consider other mainstream investments they are the only way you are not going to loose money.  If you consider investing in something like a world tracker or VLS80 to be more like a variable term deposit with variable return and variable penalties for early withdrawal.  You would be more or less guaranteed to beat inflation - provided you don’t withdraw at the wrong time..  

csgohan4

hubb said:

Aceace said:

Is it time to consider a low risk investment, or is this cash that you can't afford to risk? 

I can't afford to risk it I'm afraid.

[Deleted User] said:

Put 5% of it into Bitcoin. Do nothing with the remaining 95%. With little bit of luck you will beat all these "expert" suggestions how you can open 10 current and saving bank accounts paying less than inflation.

And you are only risking 5% of your capital.

If you bothered to read the OP, Bit coin is not be suitable for his risk appetite, nor is it an investment, It is gambling. 

My passive investments has earned far more than the interest I am paying on my mortgage and more, but OP wants a low risk scheme, so PB or other high interest rate account would be the only options

hubb

Thanks but I am happy with the Marcus presently as I transferred it across. It will drop to 0.5% next month but even that is better than it sitting in my current account earning zero.