MARCO
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If you don't need the money in the near future (and you don't like gambling) then put £3000 in a cash mini ISA (that's the max allowance each year) which, at the moment, gives around 4,75% return (tax free)... And open a BOND with the remaining £7000...
You might want to wait 'til november for the BOND though, as the interest rates are likely to go up and once you open it the rate will stay the same for the fixed term... |
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Jez
 |
It depends what you want to do in the future. If you're uncertain then try not to tie it up in too long a term investment. If you're quite settled and can see yourself staying where you are (careerwise and livingwise) then try a long term savings bond but read the details of getting out of it first as there may be some hefty penalties. If you don't know what you'll do then put it in an ISA or high interest savings account, again finding out the implications of taking money out too soon. And if it's your money, why not spend a little of it (£100 or so) so that when people ask you what you did with the money you can say "I bought x and am investing the rest for a rainy day" :D |
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fargo
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It depends if you are looking for s hort term return or happy to invest it for 5 years or more. Property abroad - Egypt you can get a place for £18K. Or talk to an independent Financial Adviser. ISA's are good to have as they are tax free and you can invest in stocks and shares. Look at www.thepremiergroup.co.uk |
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Stasia
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Put them into superannuation fund |
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thecoldvoiceofreason
|
Well you could do as i have done with £10,000 a few months back, if you fancy a little gamble thats totally safe why not buy 10,000 premium bonds? you get 2 chances a month to win £1million and loads of other high value prizes, best thing is that at any point you can sell them and get your money back. Only downside of course is that you dont gain any interest, instead that interest goes to fund the prize draws. Try having a look at http://www.nsandi.com/products/pb/winnerlist.jsp you can see there the amount of winners over £5,000 every month, there are lots of prizes below that as well but they like to list £5,000 and above. |
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stock.geek
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Hi, i suggest a great site with plenty of Issues related to your Investing and everything around it. it also provide clear and accurate answer to many common questions.
I am sure that you can get your answers in this website.
http://investing.sitesled.com/
Good Luck and Best Wishes! |
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Ramesh
|
I think ISA is not a good option for you. it gives about £140 after a whole year investing your moeny in bank. Don't rush talk to as many people as you can and then make a decision.
If you are willing to spend some of your time as well on it, then certaily you can find a better option. |
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Dr Dee
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By giving it to me. |
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The young Merlin
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Less volatile, bonds. Return will not be that big as the two
mentioned below.
More volatile, stock market. Return may be great depending on
the securities you are buying.
Most voltatile, money market. Return even tripple in a day or
lose all your capitals. |
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Conservative
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pay off your mortgage |
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kevin h
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INVEST HALF OF IT IN MY UP AND COMING BUSINESS VENTURE,A SUREFIRE MONEY EARNER,JUST NEED A LITTLE CAPITAL |
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♥fluffykins_69♥
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me me me |
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M1
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buy a bit of land then get planning permission for a house or bungalow. it will add at least £50.000 to your original outlay. |
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Steph007ess
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Gold - it is cheap at the mo. |
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locko550
 |
leave the country or give it to me |
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SADGIT
|
Send it my way soon have it doubled ok |
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