£50 Grand In Stocks/shares?

[pinkcowprint]

out of a property sale if you had £50k,where would be best places to invest in terms of interest but not locked away for years?

[Sqad]

£50,000 is not a lot these days.
"Not locked away for years eh?

£50,000 MIGHT get you £1,000 interest a year gross....might...not much.

Me? I would buy £30,000 Premuim bonds and buy a bond with the other £20,000.

[Peter Pedant]

Stock market I think PCP
Bonds for five years are a pretty c+ap deal

NO I wouldnt do premium bonz

The problem about the stock market
is that it can go up and down (!)
and may be at a local high (an may not )
yeah I know sounds like Mystic Meg

I would to for well known stock and five to ten stocks
and choose from Banks, thnk f a bank that isnt going bust
Industry erm not sure
Utilities - British Gass, Shell
Retail - Tesco Morrison Asda - NOT pubs they all seem to be going bust

and keep 10k in a depositaccount for emergencies.

I have to say I havent made a lot of money at Stocks

[Peter Pedant]

oh and to quote and recycle Winston Churchill:

£50k IS a lot money if you dont have it....

[atalanta]

This is a bit complicated, but there are accounts available which pay a decent amount of interest 3 - 5 percent, if you pay in at least £1,000 per month. You could put the whole lot into an ordinary, low-interest account, with instructions to pay out £1,000 per month into one of these better-paying accounts.
By the way. the two accounts can't usually be with the same bank.

[Mass_Hysteria]

atalanta, I've read up on these accounts that pay 3%-5% if you pay in £1k per month but they seem to be just bank accounts and revert to a paltry % interest after 12 - 18 months. I think Nationwide are doing one (other accounts are available!)

I've put £15k into premium bonds and have won £275 in 2 months since April. That's 1.8% in 2 months, better than building societies are paying!

[Mass_Hysteria]

And it is tax free!

[pinkcowprint]

so i could put it safely in a highest interest rate for a bank,then put a grand a minth in to one of these high interest and make 3-5% interest for a year,butvthen could i move it to anotger bank if you can only keep it in for a year?