I have £120,000 to invest but I'm a complete novice. What should I do?
I'm 41 years old, my wife and I own our own home with no mortgage and we have around £120,000 (we add to this each month) in savings accounts that are barely scraping above inflation.
I am trying to convince my wife that the money just sitting in the bank barely earning anything for us is wasteful.
I feel that I could get it working for us much better, but trying to convince my wife is difficult as she is very much a traditionalist and would much prefer to play it safe, especially with the current economic climate.
I would like some advice in where to invest?
I'm not into anything high risk just looking for a respectable return.Report