Best place to invest approximately £80k

Best place to invest approximately £80k

Author
Discussion

funkyol

Original Poster:

1,816 posts

219 months

Thursday 26th July 2007
quotequote all
I will have my hands on the above sum soon due to sale of some land I inherited, however I'm not in the position to be buying a property yet due to my job. I want to invest the money so that it makes a tidy amount of interest each year, and I'm sure there's probably something better than the 5% offered my most high street banks, but not knowing about all of this investment malarkey I'm looking to PH for advice.... Any welcome!

TIA

Oli

shadowninja

76,371 posts

282 months

Thursday 26th July 2007
quotequote all
Dump it in IG Index. Make about £800 a day. Or lose the lot in a week. whistle

Podie

46,630 posts

275 months

Thursday 26th July 2007
quotequote all
Speak to an IFA... depends how liquid you want it to remain...

Wacky Racer

38,165 posts

247 months

Thursday 26th July 2007
quotequote all
Most internet savings acounts are paying around 5.7-6.0% gross at the moment which is bugger all really....scratchchin

Best blow it all on wine women and song.....sperm

At least you'll die happy.....cloud9