Nigel H

Oh you can do worse but thanks - that's exactly what I was looking for Pete

sti-04!!

What is everyones problem here ??
The op has asked a question & you mock him ?
Poor show guys. Not what the SN community is about IMHO.

Suresh

Deep, I was in the same situation as you and bought some 5 year (Euro) bonds paying over 4.5% rather than leaving an amount of cash to attract a paltry 3% in a savings account. My investment is in high quality paper so the chance of loss is very low and close to zero.

The return you'll get will be a reflection of the credit risk and liquidity of the investment. i.e. if a particular rate seems to good to be true, then it most certainly is!!

Rustle73

Bit leftfield - Look into converting your cash to New Zealand Dollars and put it into a term deposit account out there. 90 day term deposit accounts are getting approx 8.2 - 8.4% at present (high steet bank) . Exchange rate approx $2.85 to £1 and heading upwards after the last 2 weeks worth of trouble. Sell your house and you might even become a millionaire (in NZD) - how tempting is that?