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I have several thousand 拢's invested in an Income Bond with Clerical Med. Is this the best place for my money?


I have several thousand 拢's invested in an Income Bond with Clerical Med. Is this the best place for my money?

Do you need income? THis is the first question to ask yourself. If YES then is Clerical Med the best place? There are many many different options. What is your attitude to risk? what is your timescale? These are basic questions that need to be answered before anyone can give you sensible advice.
Maybe something like a corporate bond ETF, put into an ISA?

It's not very wise to say this in public....

But as for the answer..... My bank account is the best place for your cash !!!

This is not the place to ask your question. You need good investment advice from an Independant financial advisor. There are many good investment brokers out there.Ask a large solicitors whom they could recommend.

I can't believe that people ask such questions on Yahoo!

Your question totally depends on a variety of factors such as tax situation, level of acceptable risk, amount invested ad time you want to invest for.

Regardless, without more info we can't help and it's best to either talk to clerical medical or a suitable advisor.

public investment is also normal profits, like a frog in their swamp, please do not allow that, you shoud do something like anyone

If you will need the money within 2 or 3 years, put 拢3700 in a cash ISA and leave the rest in the bond.

But if you have over 5 years, still keep the ISA and put the rest in a few good unit funds.

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