Quick financial question

[Clippy]

Hi guys

the missus got pressured today to get into an Abbey split, guaranteed captial plus linked with a super saver

it looks to me like a bit of a low level risk (partly based on the FTSE).

Can anyone recommend a zero risk, saver for about 25k


TIA

I believe we have had the one permitted financial question for today.

Next.

[HairyArsedBloke]

hob fkng nobs ?

right. I want you all to report to HR at 9 tomorrow

unless someone comes up with a serious home for 25k, you are all sacked

Lend it to the government (i.e. buy gilts) - you know it'll be safe there.

[thunderlizard]

well, zero-risk used to mean AAA rated, but for the past year the world hasn't been so sure. Your Abbey account might be guaranteed by Abbey of course - check the small print.

If you're happy to keep it in sterling, the National Savings and Investments RPI-linked 3-year bond is I think as low risk as you could get. They do fixed-interest products on shorter terms too. All 100% guaranteed by the Queen.

The Investec High 5 account is good for "guaranteed" growth, but I think 25k is slightly below their riff-raff threshold

If you think keeping it all in one currency is too risky, look at currency funds like DBV or MERKX.

[EternalOptimist]

Thanks TL

this abbey , 'low risk', deal has a spread of 3k over 3 years as far as I can see.
the main variable is the interest rate, plus it is couched in terms to catch the unwary.
BUT, it might turn out to be the right move, depending upon events, maybe I should let her get on with it and bite the bullet if it goes titties up. After all, it is her dosh.

Pogle, I need your angle here. (where is that beaver) Would you want your hubby to decide all this stuff, if you dont really want to be bothered, or would you like to keep control ?

[Pogle]

Thanks TL

this abbey , 'low risk', deal has a spread of 3k over 3 years as far as I can see.
the main variable is the interest rate, plus it is couched in terms to catch the unwary.
BUT, it might turn out to be the right move, depending upon events, maybe I should let her get on with it and bite the bullet if it goes titties up. After all, it is her dosh.

Pogle, I need your angle here. (where is that beaver) Would you want your hubby to decide all this stuff, if you dont really want to be bothered, or would you like to keep control ?

Personally I would seek advice discuss it with Mr P, and come to my decision. But you have to take into account I am one of those 'uppity females' who likes to do everything for herself, so if anything goes wrong I only have myself to blame.

Now look I've had a coffee on my desk for over 10 mins now, and not so much as a sniff of a choccie bicckie

[FSM with Cheddar]

I've got a vision of hobnobs scattered over the accounts girl, American Beauty style.

This will keep me warm in the snow.

[EternalOptimist]

Personally I would seek advice discuss it with Mr P, and come to my decision. But you have to take into account I am one of those 'uppity females' who likes to do everything for herself, so if anything goes wrong I only have myself to blame.

Now look I've had a coffee on my desk for over 10 mins now, and not so much as a sniff of a choccie bicckie

nice attitude

I told the missus that whatever she decides will be fine, if it goes belly up I will never mention it again. Our marriage is worth more than a few grand

[ace00]

:

Investment Grade Bond Funds are a better deal, although they do carry some risk (the usual 10% applies).

[Gonzo]

nice attitude

I told the missus that whatever she decides will be fine, if it goes belly up I will never mention it again. Our marriage is worth more than a few grand

If Mrs Gonzo does something that I've decided and it goes belly up then I'd never hear the end of it.