Investment for the future?

[cherrybomb]

I have a work mate that has inherited �4,000 she has paid off her credit card and her car loan, put �1,500 in an I.S.A and wants to spend �500 on herself. With the remaining �1000 she wants to buy an investment. Any ideas for something that she couldn't fail to make a profit on in the future.

Suggestions have been a rare Elvis record or painting

    

[Proactivity]

She could do a lot worse than putting the rest into the ISA.  Remember that the interest is tax free, meaning she'll get 22% more interest, or 40% more if she's a high earner.  There are still ISAs paying 5%+, so it's worth considering transferring to a higher interest ISA account.  Otherwise I'd recommend National Savings Premium Bonds (www.nsandi.com), the profits of which are also tax-free with 2 chances of winning �1,000,000 every month.

[cherrybomb]

Thanks for answering after all this time. As she couldn't make her mind up at the time; she decided on a 1yr fixed bond to give herself time to look at the options.

I will pass on the Premium Bond idea; we never thought of that at the time.

Thanks again