Small Investment

johnny70

Well-known Member
Hi

I have a small amount of cash (£2500/£3000) that i want to put away for a few years, whats the best option to get the best % back, looked at ISA, Equity Bonds, anything else I should consider. Any help would be great.:thumbsup:

Thanks

JOHNNY
 

lord-dudester

Well-known Member
i'd go isa or premium bonds if you want access to it, if you can handle the restrictions then maybe a fixed term investment vehicle would give better returns

there are a few IFA's among our members here, hopefully they could point you in a better direction....?

(for a fee of course! haha!)
 

Steven

Senior Moderator
Contact woodywizz. Believe he's a bank manager. And a Utd fan... Boo! Seriously he's a nice guy and gives free advice... so hopefully he doesn't change that now lol :D
 

Miyazaki

Distinguished Member
Look at the money saving expert website
 

booyaka

Moderator
Hi

I have a small amount of cash (£2500/£3000) that i want to put away for a few years, whats the best option to get the best % back, looked at ISA, Equity Bonds, anything else I should consider. Any help would be great.:thumbsup:

Thanks

JOHNNY

under 5 years and want accessability - use your cash ISA allowance. Have a look around for the best rate in the high street or online. should get about 5.5%/6% or there abouts.

www.moneysupermarket.com

5 years plus consider a equity (stocks and Shares ISA) potential over the longer term to well out perform the cash ISA, however there is no fixed rates in a stocks and shares ISA, it's dependant on the performance of the funds/fund that you invest into.

as with most things - the more risk you take the potentially better returns you can get, however with that go the larger downsides and risks attached to your capital.

try having a look at

www.fool.co.uk
www.fidelity.co.uk

as a couple of places to consider if thinking of Stocks and Shares ISA

Anything else, give us a shout - i am an IFA for my sins!:devil:
 

Philly112

Distinguished Member
Of course you could always put it into your pension....!
Depends on how quickly you need the cash.


Phil
 

Woodywizz

Distinguished Member
Contact woodywizz. Believe he's a bank manager. And a Utd fan... Boo! Seriously he's a nice guy and gives free advice... so hopefully he doesn't change that now lol :D

I have tears welling up :blush: :D

As for the op's question - I mirror exactly what Booyaka has said - use the ISA allowance...




















That will be £28.72 thankyou - please Paypal me to [email protected] :smashin: :D
 

la gran siete

Distinguished Member
Hi

I have a small amount of cash (£2500/£3000) that i want to put away for a few years, whats the best option to get the best % back, looked at ISA, Equity Bonds, anything else I should consider. Any help would be great.:thumbsup:

Thanks

JOHNNY
Pm Booyaka he'll give you some good tips re share ISAs :) I took out one of his suggestions and its are lookin good already.
I understand Premium bonds are only good if you invest near the limit in which case you are more likely to get regular payouts
 

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