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Best short term investment options for lump sum

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    #11
    What about Premium Bonds ?

    You can invest up to £50k, money guaranteed, can be withdrawn immediately and have a gazillion to one chance of winning a million.

    I've just done this for £15k I don't need until December, month 1 won £25, month 2 won £0, just waiting for Decembers draw on the off chance and will withdraw the money.

    The prize fund is currently 1.25% so over time, with average luck you could get this

    No worse off than leaving in an account at 0.05% and a bit of fun think your going to win big!

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      #12
      Originally posted by zoomfwd View Post
      You can invest up to £50k, money guaranteed, can be withdrawn immediately and have a gazillion to one chance of winning a million.

      I've just done this for £15k I don't need until December, month 1 won £25, month 2 won £0, just waiting for Decembers draw on the off chance and will withdraw the money.

      The prize fund is currently 1.25% so over time, with average luck you could get this

      No worse off than leaving in an account at 0.05% and a bit of fun think your going to win big!
      tax free as well
      See You Next Tuesday

      Comment


        #13
        Yeah but you have to have it in for a full calendar month before its eligible. If you don't get it in before 1st Dec it won't be in the draw until Feb.
        'CUK forum personality of 2011 - Winner - Yes really!!!!

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