foilwrapped2000
 |
Northern Rock and ING are probably your best bet.
Both have pretty high savings rates at the moment, especially for the amount your looking to save.
The government will also guarantee your money back up to £50,000 so if the bank goes bust (Like NR did) you'll be covered. What ever you do, dont keep it all in the same bank. Spread it around. Thats why I suggest going to NR and ING. (Use to be £35k. Now £50k.) |
|
luckymaddams
 |
What ever you do DONT put it all in the same place.
government bonds are a relitively safe bet, and earn a little more interest.
how ever if you're looking long term and have some guts the stocks and shores market are a good place to go, but you have to be in it for the long run at the moment for at leat 5-10 years, and you have to be brave enough to probably make a loss sometimes but you're pretty much guarunteed to get that money back cuz the prices are so low at the moment. |
|
passportboy2k
|
As funny as it sounds
Northern Rock - They are offering a great saving rate and the money is now guaranteed safe by the government...
That or with the fall in the property market buy a 70k house do it up - rent it for a year then sell it once the market begins to recover. |
|
adamwhite930
|
I here ING have good interest rates atm (around 5%) |
|
stevepitt2
|
That time frame is not long enough to risk it in the stock market. Look for a two year bond of some type. In the United States a two year CD would get you around 3% since the last rate cuts. High grade corporate bonds might get you a little higher return. |
|
Kool Dude
 |
best is to invest in property.... -- http://www.emoney2.com |
|
VINCE W
|
Split it up. I'd recommend putting some in a government-owned facility (i.e. Premium Bonds & Northern Rock), stick some into some cheap property in an area due for revitalisation, some into an overseas bank and the rest into gold. |
|
Sali
|
the best think is to invest half of it in properties but not in the uk in USA, I have heard some properties for Sale in Florida for 19000 pounds, 3bed two bath and some with pools for 30,000 pounds.
Then the rest invest it not in one bank but in more than one two or three as banks are so funny these days they might become insolvent so you are insured for max 100,000 but distribute your risk. |
|
andrew c
 |
Look around and decide who,s making money out of the recession and why.Maybe buy shares in Aldi or Netto or shares in the company that is supplying our police force with tasers and guns.I would have thought investing in the utility company's would also be extremely profitable. |
|
Repository Supository
 |
Gibraltar..and also the Spanish Santander bank seem the safest in Europe nowa days.. |
|
Ginger 4 Please Report Me Again
 |
invest in Gold! Gold is the real money. |
|
starlight
|
in my bank account |
|
Serious M
|
interested in 3% to 10% monthly?
google for HSFX Asset Management and start making money!
In the end, you will find it the best! |
|
pidgeon!
|
consult a financial advisor so you get proper advice about what to do with that amount of money. wow.... wish i was you. i have £40. that's it, boo hoo! |
|
Amar M
 |
My account is also open , you can surely deposit into it.
Thanks in advance. |
|
b beru
|
in my bank account |
|
archie m
|
how about my pay-pal account . |
|
nikki
|
Under your mattress |
|
| |
|
Homepage 
Financial
Forum 
Investing 
No Spam
Adult 
Gambling
Unfinished
Deception
Plagiarism
Not English
