because I have no interest.
Should I be jealous of your situation? Every $1000, $100 or $10 I saved required much effort and sacrifice. I am currently paying the penalty of having no interest twenty years ago. Not sure you have ever experienced financial hardship or unemployment for extended periods or running a business where cash flows suddenly drys up. Not sure why you have no interest. Yes there are lots of more interesting things in life but isn't your financial welfare somewhere in your list of priorities.
You must have a bit of interest to log in and ask questions here because here we openly admit that we are beginners, experts, liars or have massive egos. (My disclaimer is that I am a beginner.) You can always ask your mates who wil use you to get access to that money.
Hasn't your local bank teller openly throw out suggestions like "invest in this product", etc? They always ask me with the tiny amount I have. You should have stacks of advertising mail piling your letterbox with their ideas.
Here are some suggestions:
Zero Effort/interest:
1): leave in term deposit or cash management account. At least you will only devalue your savings at the rate of inflation
A bit more than zero effort/interest:
2): give it to one of us. It will require a bit of effort to contact us, a few messages, emails, phone, etc and you will find we will run away.
There is only a 0.000000000001% that we would manage it with your best interest at heart
No effort/interest in finances but lots of effort in your personal life:
3): Hope your existing partner or find a partner that has very good financial management skills and has lots of interest in this topic. You might risk finding a gold digger. (I sometimes wish I could become one. My partner has very bad money management
) The only effort required is chatting someone up and hope that you can read people well. The next part is to keep your partner happy. Let's hope your relationship skills is way better than your financial knowledge.
Still not much effort/interest:
4): the first advertising mail, person, etc who approaches you with an offer: give them the whole lot. They may manage it well, they may work for the next Storm Financial group or Ostrich Farm or use your money to fund OneTel or ABC Learning. You don't have to do anything but hope that they are honest. Guarantee to pay lots of fees but you won't have any idea of their performance. If they are good, they want want to see you once per year just to say how wonderful they are.
Any more suggestions I am going to offer will required a bit more effort. You took the time to log on here. So it should be minimal effort to at least learn what are the correct questions to ask a Fund Manager and spend a bit of time reading a PDS. Or searching for sites that rate Fund Managers
Personally I would take Suggestion 3). I wish I could be a Gold Digger but my chatting up skills and relationship skills is much worst than my financial skills
If you really want to put in no effort, expect minimum returns if you want to protect your savings. Otherwise gamble it either at the casino or with some Storm Financial Planner if you still want to invest no effort/interest.
Sorry if this does not sit well with you but you need to get an interest. You need to gain some knowledge, even if it is needed to monitor your faithful partner. At least you time on your side. No need to rush your decisions and seek lots of opinions while trying to learn yourself.
Hopefully we have tried to be honest despite not saying what is nice and comfortable like: invest in XYZ Fund Manager cos my cousin made a killing with them.