100k savings

[JamesIIIII]

£100k. What would be the best way of saving/investing the money in the short term. Access would not be needed for say 2 years.

Would it be best to keep in one account, split into a few different accounts/bonds?

Just looking for some possible options to try and get the most out of the money as possible in a shortish timeframe of around 2 years, feel free to ask if you need anymore detail.

Thanks

[anonymous-user]

makes sense, imo, to be mindful of the FSCS compensation limits

http://www.fscs.org.uk/what-we-cover/eligibility-r...

premium bonds, Aviva shares and National Grid shares are near the top of the list of things I would do if it was my money

but I am in no way qualified to advise so I offer the suggesstions purely as suggestions for consideration, not recommendations

[onedsla]

Are you debt free? If not, what interest rate are you paying on mortgage etc? Would it make sense to pay off any debts before thinking of savings?

Have you used up your ISA allowence for the year?

What degree of risk are you willing to take for your investment?

Personally I'd list the ideas you like from the forum and speak to an ifa or two.

I'd recommend maxing out your cash ISA, have a reasonable exposure to UK growth type funds (maxing out stock/share ISA allowence) and maybe a little cash locked in 12 month bond (only ~3% at the moment), then reinvest after a year when rates may have picked up a little.

[southpaw]

If you don't know what you're doing speak to an IFA for peace of mind!