Hey Redditors,
I'm UK based. For various work reasons I've had to withdraw from a house purchase after having sold. We are renting until we have more certainty to move on a house again.
We have 200k GBP to try and keep safe over probably the next 6-12 months. I'm not interested in large returns. I want the safest place to park this with access (week- two weeks to access not an issue) that is hopefully going to at least try track inflation.
I can split it between my daughter, wife and I into UK premium bonds and the remaining 50k into my bank cash ISA which would all be protected and guaranteed but very low return and would likely depreciate by 2% over the term taking into inflation.
Is there any better capital protected angles to take to better protect from inflation eroding the value? Many thanks!
Submitted January 19, 2019 at 07:46AM by Murpet http://bit.ly/2MkriPr
