We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 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!
Best low risk way of investing money?
steveburns
Posts: 10 Forumite
Hello all
I have saved up around 90K but due to moving around a lot for work I have found it to be a difficult time to invest in a house. I now have a 4 contract but will probably quit. I could buy a house (I live in Liverpool where houses are cheap) but if I have to leave I will not be able to rent it out for a while until I can switch to a buy to let mortgage.
I have saved the money over 4 years and it is just becoming worth less and less. Is there a safe way to invest it against inflation? I was thinking of an ISA but the rates are less than inflation. It is currently in a savings account.
I have saved up around 90K but due to moving around a lot for work I have found it to be a difficult time to invest in a house. I now have a 4 contract but will probably quit. I could buy a house (I live in Liverpool where houses are cheap) but if I have to leave I will not be able to rent it out for a while until I can switch to a buy to let mortgage.
I have saved the money over 4 years and it is just becoming worth less and less. Is there a safe way to invest it against inflation? I was thinking of an ISA but the rates are less than inflation. It is currently in a savings account.
0
Comments
-
No deposit account offers a rate matching (much less exceeding) the rate of inflation.
It is possible to obtain 3 - 5% on certain current accounts for limited periods/smallish amounts.
Investing is not suitable for money that you may require at short notice and cannot risk to market fluctuations.
You might be better looking for a home rather than an investment and seeking permission to let if you have to be away for long periods?0 -
davidgalli wrote: »Is it recommended to invest in them through a bond fund or should I just buy them directly from the neighborly source? Also, in terms of buying them from the neighborly essay writer uk source, is it as simple as going to their website and checking to see what bonds are available and purchasing them straight through their website?
Reported as SPAM.
This post makes no sense, and is presumably someone trying to build their post count so that they can post links.0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 352.1K Banking & Borrowing
- 253.6K Reduce Debt & Boost Income
- 454.2K Spending & Discounts
- 245.1K Work, Benefits & Business
- 600.7K Mortgages, Homes & Bills
- 177.5K Life & Family
- 258.9K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.6K Read-Only Boards