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Depends how ultra risk averse you want to be and whether you think it's likely that a big bank will go bust. One hasn't for decades and even with Northern Rock there was never any prospect of depositers losing their money. You could split it into three parts if you really wanted to. It's up to you.0
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Thank you all for your input. this is a very helpful site. i'm really pleased to have sold the house and am excited by the prospect, and a bit nervous, of not going straight into another house.
So what are my options...
I am a writer so can work from anywhere, do I-- put my money into high street bank for 6 months to a year?
- put my money into something else?
- buy something abroad?
- buy a campervan and travel around europe for a bit?
- live as cheaply as possible and accrue some interest?
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