Short Term Investment???

dos30

I am saving to go travelling and plan to go in June next year.

At the moment I have €1500 sitting in my savings acc, will also be getting another €1500 in Oct and €3000 in Dec, other than that I will sell my car before I go.

I hate to have the money just sitting there doing nothing but also realise it is a relatively short period of time.

Does anyone have any ideas of how I could make it work for me?

Would it be worth my setting up an online account and investing in shares?

Marathon_Man

Stick it in RaboDirect. 5% per annum.

Shares - you could lose it all.

Time Magazine

Inflation is running at 5.1%.

But Rabo or something like it is probably the best that you can do.

dandan

im not messing when i say (and as a liverpool fan it kills me to say) put it all on man u to win the league. its a 99percent deadcert band youll only get about 1 to 2 odds but for 3k you will get back 4.5k

Jesus Wept

dandan wrote:

im not messing when i say (and as a liverpool fan it kills me to say) put it all on man u to win the league. its a 99percent deadcert band youll only get about 1 to 2 odds but for 3k you will get back 4.5k

if it was a 99 percent deadcert the odds offered would be 1/150

SteadyEddie

I would maybe stick it in a Rabo investment fund - more stability than a single share, and greater potential funds than a current account.