If you had any spare cash at the moment where would you put it for growth\income where it didn't need to be actively managed? (moving it once every three months is OK, every week is not).
Property is out as it's not my cash and it's too illiquid. I need to help out my Father-in-Law invest the money from the sale of his bungalow, We're off to see the IFA again next week but I'd like to have some suggestions in advance of that. We're talking maybe 500k.
I was thinking of putting some of it into the more profitable bonds he already holds, plus a low cost FTSE tracker, some high yield blue chip shares? I want to diversify so that the risk is minimal. I also want to move some of it out of sterling but not sure how to go about it. Anyone got any ideas?
Cheers
Property is out as it's not my cash and it's too illiquid. I need to help out my Father-in-Law invest the money from the sale of his bungalow, We're off to see the IFA again next week but I'd like to have some suggestions in advance of that. We're talking maybe 500k.
I was thinking of putting some of it into the more profitable bonds he already holds, plus a low cost FTSE tracker, some high yield blue chip shares? I want to diversify so that the risk is minimal. I also want to move some of it out of sterling but not sure how to go about it. Anyone got any ideas?
Cheers
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