So it's 2021 and the interest rates of UK savings accounts are absolutely rubbish.

I had taken out a loan for home improvements and have about £8k sitting spare with about 3% interest on it.

The sensible answer is giving it back to the bank, however looking at the stable growth of companies like Google/Microsoft/Nvidia I think if there's a real argument for putting this money into stocks and seeing comfortable returns on the investment higher than the rate of interest I'm paying.

The stock market is always talked about as 'risky' but these behemoth companies have had zero set back by the pandemic and if anything have boomed in the last year.

Of course compared to savings accounts there is a risk of a market crash and losing money and so the relative risk is much higher, but the actual risk I would posit to be actually quite low, yes past performance is not a predictor of future growth but come on, Microsoft/Google are not going anywhere anytime soon short of world war three breaking out.

Does anyone agree? Love to hear your thoughts.