Low-risk investment with easy access to your money?

dunstonh

quirkydeptless said:

"How to create your own cheap, simple and secure Guaranteed Equity Bond"

https://monevator.com/guaranteed-equity-bond/

Did they nick that from this site?   Back in the day when SCARPs had an article on MSE, we used to have frequent posts on how to build your own SCARP pre credit crunch.  (although we didn't call them SCARPS at the time as that term is a later one).

steampowered

You haven't said what you mean by "up to your ears in other risky investments", but you could consider using some of this money to top up your pension.

The tax relief you will get from the government on putting money into your pension more than compensates you for the risk you might be taking.

ratechaser

dunstonh said:

quirkydeptless said:

"How to create your own cheap, simple and secure Guaranteed Equity Bond"

https://monevator.com/guaranteed-equity-bond/

Did they nick that from this site?   Back in the day when SCARPs had an article on MSE, we used to have frequent posts on how to build your own SCARP pre credit crunch.  (although we didn't call them SCARPS at the time as that term is a later one).

I switched off after reading the sentence

"Suppose the best five-year fixed ISA savings rate you can find pays 5%."

But then the article is 11 years old! Following this approach nowadays would mean a heck of a lot of cash tied up to support a tiny amount of equity investment...