I have 15 k to put away for 3 to 5 years already have isasi have been looking at index -linked savings but don't mind a bit of risk what do you think thank you .
Index-linked savings certificates for 3 years?
If you don't mind the risk, a high yield bond fund might do better. Index-linked savings certificates seem to produce about 3-4% per annum, but a high yield bond fund produces about 6-8% per annum. But as you can see, you're just trading off risk for return, which is a fundamental law of finance.
I looked up information about the Index-linked savings certificates and they look like a good safe short term investment to me.
Reply:What is your attitude to risk?
What age are you?
Is the money "essential" - i.e. would it ruin you if you lost it?
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