interest on investment

[strap]

if i had �100k to invest where would be the best place to put it and what would the return be?

[pug100]

That would depend on many factors such as your tax status, the amount of risk you want to take and how long you want to invest for.
The best places I can think of for you to look for advice on the web are the motley fool

http://www.fool.co.uk/

Money saving expert

http://www.moneysavingexpert.com/

If you are a basic rate tax payer you can invest �3000 each tax year in a cash ISA . NAtional Savings do a tax free savings certificate were you can put �15000 away in each issue
http://www.nsandi.com/savingneeds/taxfreeinves tments.jsp

Best savings account at the mo is ICICI bank with 6.41% aer.

[kwicky]

Lasy year I thought of investing in Northern Rock as they paid high rates and we know what happened there. Don't always be tempted by the highest rate.

[dzug]

Lasy year I thought of investing in Northern Rock as they paid high rates and we know what happened there. Don't always be tempted by the highest rate.


Well I stayed with them - my money is still safe and I'm still getting a high interest rate AND a bonus.

True there were a few days when it would have been difficult to get money out fast but I didn't need it in a hurry then and am unlikely to in future.

pug100 gives excellent advice

[kwicky]

Yes but the Bank of England will in future only guarantee a certain amount and will be far less than 100K.