When we were in the same situation, I put 20% in stockspot and kept 80% in a high interest savings account. A low risk, low return strategy. I worked out that we would have been better off if I had put it all in stockspot, but the upside was no sleepless nights. I’m no financial advisor, but I’d probably put it all in a savings account and be happy with a 2.5% return these days.
Of course, DYOR.
- Forums
- Fixed Income
- Where to park a house deposit to earn around 5-7%?