Where to invest cash other than in equities at the moment

I'm currently holding around £30K within a SIPP with Hargreaves Lansdown
at the moment as cash. I also have approx £10K as cash with a Hargreaves
Lansdown Stocks and shares ISA and I also have approx £30k as a cash on
deposit that I'm looking to invest.

Back in the spring I had all of the above ready to invest into
equities. Due to a sudden change in circumstances I just didn't have
the time to sit down and go through the paperwork to make this go
ahead. I'm now absolutely kicking myself as the markets have got up
very well and I would be a good deal richer if I had gone ahead and
invested when I planned to.

I'm looking to invest the above funds (SIPP, stocks & shares ISA and
cash deposit into equities when the market (has hopefully fallen). In
the meantime I'm at a loss as to what to do with the money.

I've moved my cash deposit into a high interest online account with ING
(3.3%). The cash I'm holding within the SIPP and stocks and shares ISA
I'm not sure what to do with it as the rate of interest on cash in the
HL online account pays next to nothing.

I've been looking through all of the Hargreaves Lansdown Funds and I
thought one of the Money Market funds would be most suitable i.e.
Henderson Cash, Premier Money Market. Another option would be to put
the money into fixed interest but I know next to nothing about how
fixed interest works and whether it is suitable for a short term
investment.

Any comments or suggestions would be welcome. (I've made my mind up not
to invest into equities until the market has dipped). This isn't too
important with the pension as I'm taking a long term view on that but
when investing my cash deposit I will try and get in at the right time

Regards

Money Biz




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Money Biz
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