We'd like to remind Forumites to please avoid political debate on the Forum... Read More »
We're aware that some users are experiencing technical issues which the team are working to resolve. See the Community Noticeboard for more info. Thank you for your patience.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Where to put £2K?
Options
ryandj
Posts: 523 Forumite
OK I have 2k spare to use. These are my options...
I could put it in my S&S ISA - but would like a low risk fund - cash or bond type maybe, any tips for ones to look at? I am not sure if now is a good time to buy into any funds though.
Put in my HISAVE account for a few months - then stick it straight into the 08 Cash ISA.
Add to my ZOPA offer.
I have a good idea what I will do, but would like to get the opinions of some people here first.
I could put it in my S&S ISA - but would like a low risk fund - cash or bond type maybe, any tips for ones to look at? I am not sure if now is a good time to buy into any funds though.
Put in my HISAVE account for a few months - then stick it straight into the 08 Cash ISA.
Add to my ZOPA offer.
I have a good idea what I will do, but would like to get the opinions of some people here first.
0
Comments
-
I am not sure if now is a good time to buy into any funds though.
Fixed interest funds look attractive. Yields have been increasing and interest rates are on the decline. That is usually the best time to go into fixed interest.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 -
I cant as that would breach board rules. However, take a look at the UK Other Bonds sector and UK Fixed Interest or UK Corporate Bonds and Global Bonds.
Dont assume risk is equal in funds in the same sector as it isnt (as is the case with any sector).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 -
How do you go about finding the relative risk level of a fund and compare them across a certain sector ?0
-
How do you go about finding the relative risk level of a fund and compare them across a certain sector ?
Knowledge, experience, independent research bulletins and software.
Some of the free sites give you enough to get a basic idea but you do need to be able to know what the data means.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
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 350.9K Banking & Borrowing
- 253.1K Reduce Debt & Boost Income
- 453.5K Spending & Discounts
- 243.9K Work, Benefits & Business
- 598.7K Mortgages, Homes & Bills
- 176.9K Life & Family
- 257.1K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.6K Read-Only Boards