8k to invest

rscosworth

Hey guys

Ive got 8k sitting about that i want to invest, would obviously like the maximum return for my money and also add between 100 and 300 a month to it.

I would like to be able to access my money fairly quickly, probably less than 90 days, but more than 60 would be idea with no penalties.

Any suggestions

Thanks

dunstonh

invest or save?

What you suggest from the very limited information you have posted is that you want to save but at the same time dropped a few hints that you want to invest but with access.

There are thousands of investment/savings products, each with its various options and risk attitude.

So, can you clarify a little more on what your risk attitude is to "investing" this money

rscosworth

All i want is to earn the greatest amount of interest on this money but be able to withdraw at notice.

Sorry not to be of much more help, i normally spend, not save

dunstonh

Ok, but are you willing to take any risks with the money or not? ie, invest

or do you just want it on deposit with less risk?

The higher the risk you take, the higher the potential for gain but also the higher the potential for loss.

rscosworth

would prefer no risk

johnllew

Best Buy savings rates can be found here: Moneyfacts. You can't do much better than Egg Savings @ 5.5% gross at the moment, with easy access. Even 60/90 day notice accounts don't seem to pay that much.

MarkyMarkD

You can't do much worse...

Er, yes you can. Surely you can't do much better than ...

Robert_Sterling_3

;D ;D ;D

johnllew

Er, yes you can.  Surely you can't do much better than ...

How embarrassing - I must have been distracted - I've amended my post. I think I'll go lie down.