What is a good investment for £1000 which I have suddenly acquired?Something for the future?

Something for the future that I could pass on to my favourite grandson

Answer:
Buy a premium bond in his name for £100 so he can hope. You never know!

Put the balance in a stocks and shares mini ISA invested in a good equity income fund. This will pay an increasing annual dividend, which will grow at compound rate, tax free.

It will help with university fees or deposit for a mortgage one day, or even a pension at 65.
BONDS
a years supply of Newcastle brown ale.
child trust fund, if hes young enough he should have one already otherwise i think you can open one.
help a ftb put down a deposit on a house and when they sell or buy you out reap the rewards
You could give it to me, I'll drink it all down the pub, then in the future I'll have a hangover and I'll most probably vomit, and if your grandson is in close proximity it'll pass all onto him!
Congratulations first of all. Premium bonds look good and so do the isa things. have a look at them on nsandi.com .or you could send me £500 so I can move house to be closer to my children? NO? Oh well it was worth a try!! hee hee hee
Try buying some premium bonds, you can cash them in at any time so you havent lost anything but you can win up to £1000000 a month, i have some, good luck.......
premium bonds

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