Investment & Investing

You could find some way to bet on the price getting worse as a hedge?

You'd be looking to buy an option, rather than a future - no restrictions on lot, strike or expiry, and there's less outlay compared to a swap.

A quick google suggest that a lot of FX brokers do retail options.

The spread on the premium is likely far higher than any reasonable expectation of gain / loss though.

There are coins that are linked to dollars for example.

Yeah, right now all coins are too volatile to use for such purposes (imo)

DAI, USDC and I'm sure many others are direct reflections on the US dollar so are very stable in comparison to traditional crypto coins

Now you say that, obviously that's the case if they're linked, duh. Thanks!

I'm not sure I understand what problem you're trying to solve here?

None. I was confused.

I can relate.

I have a lump sum of cash coming to me that will go towards a deposit on a house in the next couple / few months.

Is there a safe, sensible place to put said money that might earn it a bit of interest but I can still access the money when I need it?
I can top up existing ISAs with some of it but is there anything else that sensible people do with their money?

Premium bonds perhaps, although you'd have to deposit the ££ this month to be eligible for January's draw.

GME and bitcoin

Nothing that is risk free will be worth it for that time frame unless it’s like Billions

Not for that short of time, premium bonds are the only safe 'bet' with that short a time horizon. If you had 12+ months then possibly worth looking at Inflation Linked Bond funds so you're not losing out in real terms, although would have to be mindful of fees.

Loanpad gives 3% for up to £20k instant access. Larger amounts need 3 months notice.
It seems low risk but is not risk free / no £85k govt guarantee. (Everything seems low risk before the event!)

Don’t forget LRC.

Leave it in bank.

Surely that's worse than risk free premium bonds

ISA if you havent maxed out already

Leave it in bank.

This

You won't get much interest from it. No point.

ISAs are fairly shit unless you're rich or investing in S&S

Don’t forget LRC.

Never forget LRC

S&S

these are the ISA's I meant, what other kind are there?! For short term I'd just put it all in a high risk fund in an ISA wrapper

Thanks all for the tips.

Smashing it all on crypto seems to be the consensus.

Well it can take a few days to get out of bonds. Also you need it in a whole calendar month before it goes into the draw. It it really is for a couple months it's hardly worth the hassle.

hardly worth the hassle

I beg to differ, could be raking in 0.17% if you put it in PBs for two months 🤑