It seems silly as £10k is less than my monthly turnover but, as it was a gift from my Nan's estate that I wasn't expecting, I feel I ought to do something with it. Chucked the cheque into Metro Bank for now as it has a whopping 0.2% interest rate and is the least accessible to me.
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Originally posted by ladymuck View PostIt seems silly as £10k is less than my monthly turnover but, as it was a gift from my Nan's estate that I wasn't expecting, I feel I ought to do something with it. Chucked the cheque into Metro Bank for now as it has a whopping 0.2% interest rate and is the least accessible to me.Public Service Posting by the BBC - Bloggs Bulls**t Corp.
Officially CUK certified - Thick as f**k.Comment
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Originally posted by ladymuck View PostIt seems silly as £10k is less than my monthly turnover but, as it was a gift from my Nan's estate that I wasn't expecting, I feel I ought to do something with it. Chucked the cheque into Metro Bank for now as it has a whopping 0.2% interest rate and is the least accessible to me.
Sorry, no specific recommendations.---
Former member of IPSE.
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Many a mickle makes a muckle.
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Originally posted by wattaj View PostYes, but no, but...
Yes, there is a chance of a significant win via Premium Bonds, but the average return is really very poor. I had the maximum, at the time, of £30,000 in PI and won roughly £25 per month.
It's safe though, and it give you the chance to move the money into something with a higher rate of return when the time is right.I am what I drink, and I'm a bitter manComment
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Originally posted by wattaj View PostMight I suggest an ultra-low cost World index tracker (excl UK). I think that Vanguard are one of the lowest, but there may be others.
Sorry, no specific recommendations.Public Service Posting by the BBC - Bloggs Bulls**t Corp.
Officially CUK certified - Thick as f**k.Comment
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Originally posted by Whorty View PostFor me Premium Bonds is a safe place for cash after maxing out ISA's. I have the max in ERNIE and tend to get a steady win each month, but as you say the returns aren't great although I have hit a few £500's over the past couple of years. But personally I'd put into ISA first, then Premium Bonds as a second and safe place.
Yes, myself and the misses do exactly the same.Comment
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If Amazon, Facebook, Google etc get broken up.
Do you think this is a good thing for Shareholders?Comment
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Duplicated post this but our resident expert in the other forum is in need of his strait jacket and medication. So...
Anyone in on Amigo Loans? (AMGO)Comment
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Originally posted by ladymuck View PostIt seems silly as £10k is less than my monthly turnover but, as it was a gift from my Nan's estate that I wasn't expecting, I feel I ought to do something with it. Chucked the cheque into Metro Bank for now as it has a whopping 0.2% interest rate and is the least accessible to me.
So, if I was less risk adverse than I am, I would put 10k into a Stocks and Shares ISA with this breakdown..
4K MNKS
2K EWI
2K JMG
2K Cash....buy on dips
JMG could be swapped for FGT for UK FTSE exposure, but right now emerging markets are looking strong.
Anyway, just my own thoughts..DYORComment
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