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#1
08-22-2007, 10:19 AM
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UK - Where to Invest my £4000
Just cashed out £4000 from my bankroll to invest.
My goal is to save at least £40k with a view to putting down a deposit on a house. I am guessing the timeframe for me to save this much to be in the region of 12-30 months and I will not intend to touch the money before that time. What's my best option? 
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#2
08-22-2007, 11:56 AM
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Re: UK - Where to Invest my £4000
High interest savings account or CD.
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#3
08-22-2007, 06:02 PM
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Re: UK - Where to Invest my £4000
Hi. I'm in a similar position. What exactly is a CD? I'm a complete noob, verging on idiot!
Are ISA's not the best way to invest the first £3k?
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#4
08-22-2007, 06:03 PM
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Re: UK - Where to Invest my £4000
[ QUOTE ]
Hi. I'm in a similar position. What exactly is a CD? I'm a complete noob, verging on idiot! Are ISA's not the best way to invest the first £3k? [/ QUOTE ] CD was a joke. high interest savings account obv way to go. a CD stands for coke & dope. kinda like hookers and blow. Barron
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#5
08-22-2007, 06:16 PM
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Re: UK - Where to Invest my £4000
Why high interest savings account and not ISA?
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#6
08-22-2007, 07:17 PM
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Re: UK - Where to Invest my £4000
always invest in ISA for your first £3k. even if you end out withdrawing, at least you had a chance of keeping it in there enjoying tax free interest for years to come.
either way though just stick it in cash ISA or high interest account.
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