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Investment help?

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Comments

  • [Deleted User]
    [Deleted User] Posts: 0
    1,000 Posts First Anniversary Name Dropper Photogenic
    Newbie
    Ohh Dawnybabes I am so sorry for your loss, how awful, I hope you had time to come to terms with the idea before it happened but then maybe that is worse seeing your loved slowly disappear. I am sorry for my waffle. and I hope you are okay. Wishing you okay. As for your investments I like what you have done with the 20K and max out premium bonds defo 50K - I am told that investing NS&I funds you can put more then the 120K the new threshold for banks at the level at which you gain protection - you can go beyond 120K with NS&I, I am repeating myself I know. Alternatively split the cash to 4 banks in restricted high interest bonds. However you should leave anough to live on the period plus extra. All the bestXX
  • artyboy
    artyboy Posts: 2,353
    1,000 Posts Fourth Anniversary Name Dropper
    Forumite
    edited 18 May at 8:42AM
    [Deleted User] said:
    Ohh Dawnybabes I am so sorry for your loss, how awful, I hope you had time to come to terms with the idea before it happened but then maybe that is worse seeing your loved slowly disappear. I am sorry for my waffle. and I hope you are okay. Wishing you okay. As for your investments I like what you have done with the 20K and max out premium bonds defo 50K - I am told that investing NS&I funds you can put more then the 120K the new threshold for banks at the level at which you gain protection - you can go beyond 120K with NS&I, I am repeating myself I know. Alternatively split the cash to 4 banks in restricted high interest bonds. However you should leave anough to live on the period plus extra. All the bestXX
    Thread is 4 years old!
  • [Deleted User]
    [Deleted User] Posts: 0
    1,000 Posts First Anniversary Name Dropper Photogenic
    Newbie
    edited 18 May at 8:42AM
    artyboy said:
    [Deleted User] said:
    Ohh Dawnybabes I am so sorry for your loss, how awful, I hope you had time to come to terms with the idea before it happened but then maybe that is worse seeing your loved slowly disappear. I am sorry for my waffle. and I hope you are okay. Wishing you okay. As for your investments I like what you have done with the 20K and max out premium bonds defo 50K - I am told that investing NS&I funds you can put more then the 120K the new threshold for banks at the level at which you gain protection - you can go beyond 120K with NS&I, I am repeating myself I know. Alternatively split the cash to 4 banks in restricted high interest bonds. However you should leave anough to live on the period plus extra. All the bestXX
    Thread is 4 years old!
    Thanks I feel better now -oops!
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