Advice from the Revenue to Charles and his family. (© Artelette)
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This question is often asked by our readers: “How to invest money for a short period?”. A subscriber to Revenu for a little over a year, Charles contacted us to help him advise his parents after the sale of a family home.
For once, we will not talk about the patrimony of a Revenue subscriber.
Charles (1) did not contact us for advice on his personal situation. Very involved in his parents’ finances, he would like to help his mother, Brigitte, to best invest the proceeds of the sale of a family home.
His question is simple: “How to invest 280,000 euros for about six months?”. The parents of our subscriber want to quickly use this money to buy a holiday home in Brittany.
No miracle
For such a short period, there is no magic solution. Risky or high-cost investments are excluded: exit the stock market and real estate.
Euro funds from life insurance contracts could, in theory, do the trick. Their returns still exceed, for the best of them, those of regulated investments. And the capital is guaranteed.
In practice, however, this solution does not seem interesting. There is hardly any contract that accepts payments over 50,000 euros only on the fund in euros. Or entry fees will be charged which is absolutely to be avoided for a placement of a few months. Finally, in the event of withdrawal during the year, the return served for the past few months is often zero.
