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20k Safe investment

  • 18-05-2009 09:48AM
    #1
    ILikePoker
    Registered Users, Registered Users 2 Posts: 22 ✭


    Sorry just looking for some opinions what is the best investment now for roughly 20k that will be needed in 6 months? I presume just some fixed interest account that ties it up for 6 months but if someone could let me know which are the best. Also I want zero risk with this money but if you have other ideas be appreciated thanks for the help


Comments

  • #2
    sxt
    Registered Users, Registered Users 2 Posts: 2,765 ✭✭✭sxt


    This thread is regularly updated with the best value fixed term deposits.

    http://www.askaboutmoney.com/showthread.php?t=101813


  • #3
    bookerboy
    Registered Users, Registered Users 2 Posts: 428 ✭✭bookerboy


    under your matress,at least it will be there when you want it and you can put your hand on it.
    In the bank.The bank may not be there when you want it.


  • #4
    meep
    Registered Users, Registered Users 2 Posts: 1,291 ✭✭✭meep


    bookerboy wrote: »
    under your matress,at least it will be there when you want it and you can put your hand on it.
    In the bank.The bank may not be there when you want it.

    That's not entirely accurate now, is it?

    Anything up to €100K is guaranteed under the govt. deposit guarantee scheme.
    (http://www.finance.gov.ie/Viewtxt.asp?DocID=5466).

    So, OP really has nothing to worry about in terms of the security of his deposit.

    P


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