I have around 拢40,000 to save, but what is the best way to save it? with min risk and big gain?

ive been told about a saving account related to property and the rise in the property market though i dont know the full details?
i dont mind taking on a bit of risk with my money but not a significant amount but want to ensure a good return my investment

suggestions?

Hi. you need to be aware that, at the margin, you can only earn extra return by taking more risk. People who take risk tend to spread that risk around so that they can earn the premium from investing in risky assets on average, without losing everything on one bet. But taking risk in any form usually means that your returns are more volatile. You should probably consult a professional advisor. For small investors the tax advantages of things like ISAs or the gains from using internet-based savings accounts may overrule the returns from more risky assets, at least over short periods. And you need to think of the time period. Over a long time, equities or property probably tend to give the highest return - but can go up and down in the meantime. So my advice would be that you cant ask a simple question like this and get the right answer without being a lot more specific about your situation - which is where a qualified advisor might be worth while - if you dont mind paying his/her fee! Also there there are a variety of internet sites which offer investment advice. Try www.moneyextra.com

buy a house and rent it out.

Bit risky announcing to the world on here that you have this money, but I'd advise you to see a financial advisor. Your bank or solicitor can give you the names of reliable ones, -- no, on second thoughts, not your bank, they have their own ones and they get the profits, so not very independent. Get one who is an INDEPENDENT financial advisor.

if i know the answer i'll be doing it my self lol good luck.

Buy some shares , I bought Tesco shares 2 years ago - boring - but up 54% since then.

If you want a min risk then you will get min gains.

Hi,

Minimum risk AND big gain? Interesting.

A good rule of thumb is to invest your age as a percentage in bonds/savings account, with the remainder in a general unit trust with a reputable firm.

If you wish to invest in the stock market, choose a company that has a lower-than-sector-average P/E (price to earnings ratio.)

Don't pay an 'expert' to invest in stocks that mirror the FTSE.

John.

Very boring but....
Premium Bonds. No risk at all to your capital (but max limit it 拢30000). Payouts up to 拢1million every month. Unfortunately you're too late to get included in the June draw where they're giving away 5 拢1million prizes rather than the usual 2.

WIth the 拢10000 left, you could try some of the other suggestions - try one of the higher yielding FTSE100 shares - Lloyds, Vodafone etc.

The stock market and property are at record levels and it is not the time to put money in them. The sensible thing is to put the money in a savings a/c where you can get 6% with absolute safety.

拢2,400 pa increasing at double the inflation rate is not bad.