25k to invest

[Stripybeachbag]

We are a family living in Australia. We are in our 40s. Kids at school. We do not own a home. We want to move back to the UK in a year or so (South West). We can not afford to buy a place to live in Australia but want to buy somewhere either to live (uk) or as an investment, e.g., holiday home in Aus or UK.

Would you advise investing the money short term to grow it (any ideas?) or letting it sit in a high (!) interest account?

Investments are 5 years minimum. Markets are too volatile over short periods to give you a return, your risk of loss is high on very short term investing.

I would put money you have in as high an interest account(s) as possible and then decide what to do after you are settled after your move. The move may cost more than expected, so having some money available will be handy.

Investments are 5 years minimum. Markets are too volatile over short periods to give you a return, your risk of loss is high on very short term investing.

Thanks for the advice. I never realised that. We have worked so hard to save the money I would be gutted to lose it.