^^No wonder he's skint.

they auto converted at an agreed price ,conversion was .14 gvc shares (price set around £9 ) for every Ladbroke share + 32p and a promise (don’t outcome  related) that was not worth a carrot .They say it means 1.64 per share but in real terms the closing price of Ladbrokes was much higher ,as folks punted on the promise I presume . You must of got a cheque and a new share cert or may you hold in an account . Anyways it’s all done and dusted but not so sure long term this sector is a good punt and  shorter term is always a risky buisiness .

Yeah, converted at 9, now worth 11.
Which part do you not understand?

Zzzz

I've not read the whole thread Dragon but I have funds in Pru-Cautious (Prudential), via their With-Profits fund and have been averaging 4-5+% over the past few years. I consider this a low risk, low return investment that is more than competitive with general savings and cash ISA's. The % return is AFTER charges and might be worth looking into.

I worked for the Pru for 15 years and their With Profits fund is considered the best and biggest; it is an industry favourite. Even if you decide to invest elsewhere I would suggest you at least take a look.

The fee for this advice is £0.00 so you're saving money already

I was reading a bit about very high interest bonds the other day, like 8% and so on. They are however not as safe as say a UK gov bond, there is a risk element but I might take a careful punt on a couple with money I can afford to lose.

You of course don't need to put all of 100k into the same thing. And arguably shouldn't.

The "mid" level normal pension growth estimate is about 5% but where do you get that nowadays in a savings account?

Look at:
https://www.moneysavingexpert.com/savings/savings-accounts-best-interest/

You're not even in most cases going to keep pace with inflation. I wouldn't take out a long term fixed rate now anyway if the direction of travel of interest rates is up.

If I wanted to play it safe I'd go for a mix of safe looking bonds, or a good high bond ratio fund.
(The very high interest ones I mentioned earlier they look dodgy).

If you are being strict with your criteria (ie. maximum drawdown of 5% and investing for two years only) then as I said, a savings account is your only option.

Other investments (including both government and corporate bonds) don't fit the criteria. Don't even think about equities..................

What about the lower down ?

Lloyds Bank shares  currently at a fairly low 60p and paying a decent divi got to be a punt at that price, im in....