Jono
 |
No, do not go with other peoples views and ask your bank. They are the last people you should ask. They will invest your money in what makes them the most profit, not you. Even the so called Independant Financial Advisors are not always 'independant', as they get big kick backs from financial instituations.
I suggest putting some of that money in a Cash ISA. Look around to find the deal that best suits you.
I have always found this website useful:
http://www.moneysupermarket.com/ |
|
Jo C
 |
Bradford and Bingley are currently paying 5.1% on their esavings 2 account. I don't think you can beat that. A good site to check out is moneyfacts.co.uk.
Be sure to check the introductory bonus uplifts when checking out savings accounts. |
|
ChiangMai
|
I would put it into Premium Bonds. With that amount of money, you're almost certain to win something each year and probably more than the interest it would earn in a savings account. The winnings are tax free and the money can be taken out at any time without penalty. |
|
OriginalBubble
|
Get an ISA, that way its tax fee.
Or speak to an Independant Financial Adviser. If you go to your bank they can only recommend their own products. An IFA looks at all the different companies out there. |
|
RRM
 |
moneysupermarket.co.uk |
|
angel
|
i would go for an ISA, at least these are tax free, so our horrid government can not get their stinky hands on your savings. Talk to tour bank manager, or look at www.moneysupermarket.com for a comparrison. |
|
Donna M
 |
Under my mattress is as good a place as any. |
|
duane d
|
behind the bar of your local boozer sounds good to me ;) |
|
morrigann_angelus
|
A decent mutual fund will give you a higher yield than a savings account and will allow you to double your money 6 times faster than even the highest interest rate out there available in savings. With a good mutual fund the risks are minimal and it is exactly what the bank does with your money once you deposit it.
They invest in funds that average 12 - 18% and give you 1 - 3 % return on your money and keep the rest. Skip the middleman. I suggest speaking with a Primerica representative they are a citibank financial institution and can teach you alot about how to invest that money and make it work for you. |
|
myownprivateroad
|
try www.moneyfacts.co.uk |
|
teckhienjoe
|
change them all into thai baht if its value falls more than 20% within the next 4-5days.
and change back to pounds of course after the correction |
|
Dogs'r'us
|
Go to the website www.moneyfacts.co.uk where you will find the best savings rates offered for every institution. |
|
Sarah (28/UK)
|
it depends. if you don't want access to it, then a notice account would probably be best.
Here is a compairson site for you.
http://www.moneysupermarket.com/savings/ |
|
Shirl
|
Not the best answer but in my pocket would be very much appreciated lol"!!!
No seriously go speak to your bank manager im sure he'll have a few ideas |
|
Wayne
|
www.moneysavingexpert.co.uk, you should read this web site. But my answer would be probably an ISA like ICICI (http://www.icicibankukhisaveromotions.com/lms_ct/UK_LP/index.asp?PAGEID=1&USERTYPE=G_ICB_TL/)
But ultimately pay any high interest debts off first, as this will outway the interest earned in any savings account! |
|
scallywag
 |
Yes, the best place is to look on moneysupermarket.com. I'd suggest a cash ISA to use up your £3,000 allowance per year. If you are prepared to take a risk, then you can consider equity ISAs for the balance otherwise, you can put the remaining £2K in an account that pays the highest interest outside of the ISA wrapper. |
|
aimzinch
|
abbey esaver they have the highest interest rate at the mo!! |
|
♥Scottish♥ ♥Fairy♥
|
chat with your bank manager,or try a google search for the best kind of saving accounts. |
|
Overload
|
The Bank you dumb twat! |
|
| |
|
Homepage 
Financial
Forum 
Personal Finance 
No Spam
Adult 
Gambling
Unfinished
Deception
Plagiarism
Not English
