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Originally posted by Cosmo

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Originally posted by drunkenfool
I'll ask my mum next time she's on msn, shes an independent financial advisor :thumbs:

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who does she work for?

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Thats an exceptionally base way of doing things but is entirely risk free... I would still suggest gov't bonds/gilts as the return is even better and risk even more minimal

My mum said....

"£3,000 to Cash ISA now and another £3,000 6th April - tax free instant access 5.5% interest for starters. £10,000 to Nat Savings Premium Bonds and the rest in an internet savings account like Ing or a 90 day notice account at the bank/bsociety. I guess internet is better rate "

on the premium bond note, my step dad has 25ks worth, he has on a min of 50 a month for 5months, 2 of them 5 have been 200 and 1 at 100...pretty good return tbh

that what i mean, with money destined for a mortage i would guess low risk (y)

25k over 18months with a decent stockbroker would return a lot more than interest on the mortgage. But saying that it is probably more risk than he would want.

Pretty short term all round really... certainly if the end point is to put it against the mortgage, as said, may as well just pay it off now as the interest on that will be more than you are going to make in most circumstances inside of 18 mths

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Originally posted by Robbo
PS 12-18 months is pretty short term

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UK or US Government bonds - THE highest return money can buy with virtually no risk at all...

Otherwise maybe invest in EIS shares or VCT (wiki or google them) via private equity firms or invest in Hedge Funds but given the stock market crash last week your probably best avoiding those in the interim

PS 12-18 months is pretty short term and you'd make more just paying off the mortgage now...

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Originally posted by drunkenfool
I'll ask my mum next time she's on msn, shes an independent financial advisor :thumbs:

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I'll ask my mum next time she's on msn, shes an independent financial advisor :thumbs:

Premium bonds - no risk as you get your money back at the end and the more you have the more chance you have to win money.

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Originally posted by Jules S
The thing is cosmo, its only going to be for 12-18months...then it's being chucked at reducing the mortgage.

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Premium bonds is a better long termer but yeah you 'could' win :lol:

IBloke I know who has just gone through divorce (and luckily moved onto a nice rich lady with her own gaff ;) ) has just chucked about £30k into premium bonds and been on a bit of a spending spree :|

The thing is cosmo, its only going to be for 12-18months...then it's being chucked at reducing the mortgage.

At the mo its in the pos office getting 5.5% instantly

next

So far 1 ISA for me and one for the missus....7% tax free

we are considering some premium bonds and stopping doing the lottery

:lol:

for 25k go and see an independent financial advisor.

If you really really dont want to I can ask my Dad what he would do and U2U you, but he'll probably say the same!

I have Target return funds, tracker fund and an ISA gives a good range of investement types imo

http://www.sfsinvestdirect.co.uk/pages/tim/home

shows popular funds and their returns

the 'mav' investment fund:o

Put loads in and get feck all back in 10 years..............:o

How risky do you want to go?

I'm sure i'm going to get 'see a financial advisor' posts but who cares...

Any ideas peeps? I would prefer some impartial advice...not a sales pitch from those on commission.

Need to invest 25k over 18 months
:thumbs:

best so far is the post office...only just looked mind ;)

[Edited on 27-02-2007 by Ian]