Home Truths

Summary


Capital risk that's not worth taking

We have just completed the sale of our house but our new home will not be ready until January. In the meantime, we will be renting and would like to invest the Pounds 250,000 raised from the sale. However, the High Street banks I have contacted can't offer a much higher interest rate than four per cent before tax.

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Home Truths

Is there a better way we can invest this money?

You can maximise your interest by picking an internet-based account, but otherwise, no. Any other investment will involve risk to your capital, which is the last thing you want since you will soon need ...

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