Monthly savings

[biper]

We have just payed off our mortgage and thought that we would continue to save the repayments as we have managed to repay the mortgage in half the time.
My question to you wise people is what would be the best options to save 1.5/2.0k per month. It is a waste of time keeping it in the 'one account' at .01% Ideally I would like to be able to maybe make a lower payment from time to time for holidays ect.
I am not the daring type and the thought of buying shares is not an option.
Thanks in advance for any advice.
biper

[Sideways Rich]

In a similar position and am saving a steady 2k (some months more) per month towards a house deposit. My appetite for risk is a little higher, so what would my options be?

[aceparts]

Why not drip feed in to a mix of funds and shares with someone like www.H-l.co.uk

At the moment you're losing like 3%+ a year due to inflation

[Sideways Rich]

Thanks, will take a look, you're absolutely right with inflation taken into consideration I'm technically worse off saving it in my account!

[Sideways Rich]

I agree, I think my natural tendency is to take an element of risk given the value of my capital is basically eroding with inflation and I accept the potential risks that may involve..