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Other options for lump sum deposit?

ATC110 · 2018-08-23 15:57:57

Apart from 0.5-0.75% deposit rates are there any other options for lump sums for the short to medium term which will be used to buy a house when a suitable one is found?

23-08-2018 4:57pm

#1

ATC110

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Join Date: December 2009

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Apart from 0.5-0.75% deposit rates are there any other options for lump sums for the short to medium term which will be used to buy a house when a suitable one is found?

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Comments

#2 23-08-2018 5:20pm

Henry Ford III

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The lure of a higher potential return will be offset by the potential risk.

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#3 23-08-2018 9:30pm

daheff

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Posts: 5650

nope. banks are charged 0.40% on their overnight deposits with the ECB, so why would they pay you(or me) any way decent return?

why do you think stock markets are flying? money is looking for a return & hoping stock market will give that

if you need that cash for a deposit then stick it in a low interest deposit account.

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