What to do with 60k for 2 months?

[j80jpw]

Any "sensible" suggestions with where to put 60k for 2 months, I will need it all in 2 months time so cant be risky but would be nice if it could generate something if only a little interest?

[dalenorth]

If there's two of you, go for one month on the premium bond draw?

[z4chris99]

red or black

loan sharking

[fido]

a) Find a share that has gone up every month for the last 11 months. Spread bet it for 1 month.

b) High {laugh} interest account with 30 days notice.

c) Premium Bonds

[ellroy]

Sadly the only sensible route, if the funds are needed, is to place them on the best bank deposit you can find.

There are no magic bullets.

[pacoryan]

Sorry why not Premium Bonds??? Safer than a bank.

[bogie]

premium bonds would be fine and you might get lucky. 30K max limit per person....usually off 30K in you get a few £50 per prizes per month. You could be lucky and get a bigger one

however, timing is the problem. Check the date you need to have the money in for the draw. I think it needs to be in for a month first, with 2 month timescale you might be lucky to make 1 draw....

[j80jpw]

Thanks for the suggestions, certainly doesn't seem to be any magic bullets...

I though premium bonds were a good suggestion but ive just missed the boat to get these in time, they have to be invested for a full calendar month before they are entered in to a draw, typically 7 days to process the payment so i would miss December as a full month, Jan would be the first full month with Feb being the draw entry month, I may need the money late Jan to early Feb. (House Purchase by the way)

Just have to accept a disappointing amount of interest for a couple of months I guess?

[KFC]

bogie said:

premium bonds would be fine and you might get lucky. 30K max limit per person....usually off 30K in you get a few £50 per prizes per month. You could be lucky and get a bigger one

There is no way anyone 'usually' gets a few £50 prizes per month on £30k, those numbers couldn't stack up at all.

[bogie]

KFC said:

bogie said:

premium bonds would be fine and you might get lucky. 30K max limit per person....usually off 30K in you get a few £50 per prizes per month. You could be lucky and get a bigger one

There is no way anyone 'usually' gets a few £50 prizes per month on £30k, those numbers couldn't stack up at all.

I did for a while myself over the last 2 years I held them....sold them all in 2009 though ..its just luck, so maybe I was lucky for the final 2 years