Consider starting an ISA if you don't have one. The market may be pretty volatile going forward. On the one hand, companies are making good profits after severe cost cutting and there would seem to be mergers and acquisitions on the horizon. On the other hand, most countries are saddled with very high debts. You could split your investment into 2 funds, a bond related one for the "safe" K and something else for the other part of it. The charges of managed funds can add up, particularly when returns may not be that great. Take a look at ETFs, which carry the smallest charges. Inflation is another thing to consider. e.g. It's running at ca 4-5% in the UK So if you do nothing, you'll be worse off. A Lloyds Vantage bank account pays ca 3.2% net if you have a 1K + salary paid in each month. (You can pay it in & send it else where with a direct debit) (You earn varying rates up to 7K deposit and you can have 3 accounts.)
Alliance Trust do ISAs, allow share dealing, managed funds and ETFs.
How long are you looking to invest for?
Consider starting an ISA if you don't have one.The market may be pretty volatile going forward. On the one hand, companies are making good profits after severe cost cutting and there would seem to be mergers and acquisitions on the horizon. On the ot