Where to invest £2,000

[Babbyjones]

Where can I invest 2,000 with the biggest returns and moderate risk ?
thanks

You can get 5% on several bank saving accounts now. Eg Barclays and Chase.

@Babbyjones , Vanguard stocks and shares ISA.

What feels 'moderate' to you?

Global trackers are considered the safer side of shares but can still be quite volatile. If you're investing longer term id expect it the beat the best savings rate.

Do it within an ISA.

Life Strategy 100 is popular.
https://www.vanguardinvestor.co.uk/investing-explained/what-are-lifestrategy-funds

Well firstly, never take financial advice from ransoms on a website 😀.

The best thing you can do is do your own research, and I would start probably with articles and forum discussions on money saving expert (same caveats apply).

The most relevant thing is time horizon. Is this money you could need for emergencies? If so - highest interest instant access account. If not - is it for a specified purchase/need/possibility in the next 2 years or so - if so, a notice cash account.

If it is for your children or grandchildren - in a Junior Isa and consider share trackers - but you really need to research these yourself to be comfortable you are making the right decision.

How long do you want to invest for?

Agree with the suggestions for Vanguard Lifestrategy 100 - mine has returned 25% in the last 2 years. That is a particularly good return.

But if you're investing short term, be mindful that stocks & shares ISAs can go down as well as up.

If you have time to ride out market dips they will pretty much always go up in the long term (assuming you have a diversified profile like Lifestrategy 100).

ISA as it is tax-free. Check which one would offer the best return.