Hi Reddit,
I usually believe in stocks longrun but absolutely not shot term. as a result my understanding of bonds, gilts (uk based) etc is dire.
more complicated is that rates will keep going up here; my current thoughts are wait until aug 3 .25-.5% increase (it isn't sitting about atm dw) and invest in a 3 month active savings account.
issue 1; the only one I have/know of is HL and is looking to be about 5.2% if there is a further .5 raise.
issue 2: substantially more than 85k with one provider leaves me vulnerable.
Advice? Best risk free or near risk free return over a 3-6 month period?
cheers for any advice!
Submitted July 17, 2023 at 03:31AM by Decent-Technology983 https://ift.tt/jG8b0In
