Reply to: Drip feed or lump dividend payments?

[fool]

5% or 3%? I thought it was 3%, or have they a 125 account as well?

Yeah its 3%, my bad. You should park your money there unless your mortgage is > 3%.

[WTFH]

You probably should. Its 5% on 20k at the cost of £60 a year and the fees will probably be offset by the cashback on utilities.

Most of us should have £20k in there and you should keep it here until your mortgage interest goes over the 5%. This is a nobrainer because its liquid, thus if things change you do something else.

5% or 3%? I thought it was 3%, or have they a 125 account as well?

[fool]

So, should I have a Santander account, or not

You probably should. Its 5% on 20k at the cost of £60 a year and the fees will probably be offset by the cashback on utilities.

Most of us should have £20k in there and you should keep it here until your mortgage interest goes over the 5%. This is a nobrainer because its liquid, thus if things change you do something else.

[MrMarkyMark]

I would take it more personally if you were any less of an arrogant, facetious prat most of the time on here though.

You thought you would highlight what you perceive to be his good points

[Ret]

Just to put this back in to perspective of the OP's question. If someone who can't work out the financial implications of whether to withdraw 30k and invest it or leave it in an account paying less than1% for most of the year won't all this is a little out of his league?

The only reason I'm asking the question on here is because I _have_ worked out the financial implications of leaving the money where it is. The discussion is more around what to do with this money. I own a house with a mortgage (that doesn't allow an offset) and have investments in stocks and shares, so your comment around what is and isn't in my league may be a little misplaced. I would take it more personally if you were any less of an arrogant, facetious prat most of the time on here though.

[northernladuk]

Does he need to change his name to LondonWelsh?


London Welsh RFC

Dunno exactly what he has to change it to. Poor fella has a proper identity crisis going on hasn't he.

[WTFH]

Could be worse. I think LondonManc has just found out Psychocandy is his dad.

Does he need to change his name to LondonWelsh?


London Welsh RFC

[northernladuk]

Are you related to sexdisease?

Could be worse. I think LondonManc has just found out Psychocandy is his dad.

[diseasex]

No, I just had a look, the cream has cleared it up nicely.

how does that help this poor guy that doesnt know what to do with 30k ?
I can manage your cash for a small fee if you like. Pm for bank details

[MrMarkyMark]

Are you related to sexdisease?

No, I just had a look, the cream has cleared it up nicely.

[WTFH]

I thought I could just ask some experts, on here, my 10 year old nephew does my accounts.
He needs the practice

Are you related to sexdisease?

[MrMarkyMark]

I thought I could just ask some experts, on here, my 10 year old nephew does my accounts.
He needs the practice

[diseasex]

Game over player 2. You failed.

I cant explain everything on such basic and low level. That's my problem but my advice stands

[WTFH]

Oh and don't forget to tie your shoes

Game over player 2. You failed.

[WTFH]

So, should I have a Santander account, or not

Possibly. It depends on your situation. Have you asked google?