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£3,000 to invest any reccomendations?

I have £3,000 to put away somewhere ideally for 6 months,

I'v been looking around but the more I look the more confussing it gets!:confused:

Any ideas?

Thanks.

Comments

  • wooders
    wooders Posts: 159 Forumite
    Depends if you are a tax payer. if yes then put it in an isa....see supermarket.com to compare.
    If not a tax payer then totally depends on what access you want, local to you, internet access and so much more.
    trawl through this site...loads of advice

    goodluck mum
    One day I'll be rich me tells ya.....rich.....hahaha:D
  • dunstonh
    dunstonh Posts: 119,821 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    6 months isnt long enough to invest. So, stick with savings accounts (and that should make it a lot easier for you).
    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.
  • chesky369
    chesky369 Posts: 2,590 Forumite
    If you really won't touch it for six months, you can do an ICEsave 6-month saver bond at 6.8% interest. You will have to pay tax on the interest.
  • mumx3
    mumx3 Posts: 145 Forumite
    I am not a tax payer, will I still have to pay tax on the interest on an ICEsave?

    Yes I do already have an ISA which I just moved to the Lloyds fixed rate.
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