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My mother is 80 and a non uk tax payer. she has 80k worth of investments and needs to invest anothe 20k? |
what would be a good low risk investment for her 20k and should she as a non earner worry about ISA's (she recieves about 6K in income from investments) oooo what a lovely dilemma to be in... Me!! ask your bank, they give you good advice she should contact an ifa and maybe consider a bond. the ifa would be able to advise. |
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well, most of this will sound like clich茅s, but here it goes anyway... you have to start somewhere, and if you have only a few hundred dollars, then i would think that even the remote possibilit... I would put the money in a high interest savings account. There are several options available. ING is offering 4.50% with no fees and no minimum requirements. ...Thats a nice rate ...If I knew how, don't you think I'd do it myself? ...You have picked a good time to start looking at investments. The market is currently sorting itself out a little . The important thing to remember here is that investing is a long term strategy, ... I have been investing in real estate for over 20 years. I agree that you need to understand your target market before jumping into flipping. There are other less risky alternatives then risking y... invest in gas companies, garuntee profit ...Right now I keep a chuck of my savings in Emigrant Direct who currently offer 5.05% There are some that offer a little higher even 6% but be warned some of that is just introductory ... |
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