What should I do with £15000 in my bank account?

[hsbahri]

Hi,
I have some cash in my account and I won't be needing it for some time. I found this option of digital and robo-investing interesting. I found www.nutmeg, uk.scalable.capital and Ways2Wealth as good options. Or should I just hold and wait for markets to come down? I can invest it directly as well which can help me remove mediators. My risk taking ability is good. But my primary question is are these robo-advisors worth and competitive when compared to other investing trends

If your time frame is long, say five years or more invest now. It's impossible to time the market. I know people who sold stocks in 2009 and didn't get back in for years, missing most of the recovery. Conversely you could wait and then have to buy in higher later on.

Any of those options (or a good index fund) should be fine as long as they give you a diversified mix of stocks and bonds appropriate to your risk tolerance.

How long can you tie it up?

What do you already have in terms of an emergency fund - if you lost your income tomorrow, would you need to use any of this £15k?
How risk adverse are you in investing? Are you already have an ISA or any other kind of investment?