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£55,000 to invest for 1 year

BB12345 · 2008-01-15 20:07:33

Hi, I have around £55,000 to invest but only for about 1 year. I wont need access to the money for the year and am wondering where the best place to put it would be. I already have an ISA for this year. I have just seen the A&L Fixed Rate Bond at 7% which looks pretty good. Are there any other good offers about at the…

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Aegis Posts: 5,695 Forumite

18 January 2008 at 12:48PM

purch wrote: »

:T

...like Citigroup :eek:

......or Merrill Lynch :eek: :eek:

........or Bear Stearns :eek: :eek: :eek:

..............or RBS :eek: :eek: :eek: :eek:

....and I won't even mention the N or R words !!!!!!!!!!!!!!!

In his defence, I would assume he meant "invest" as in "deposit money in an account". i.e. Deposit investing rather than asset-backed.

I am a Chartered Financial Planner
Anything I say on the forum is for discussion purposes only and should not be construed as personal financial advice. It is vitally important to do your own research before acting on information gathered from any users on this forum.
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