savings to get a decent return ? there is talk in our fantastic government leadership ? of zero % so mortgages will be oh so cheap but savings ??????? so where do you put your hard earnd cash , a business friend of mine is buying up static caravans at the seaside like they are going out of fashion , he reckons cos peeps wont be going abroad this year the good ol fashiond british holiday will be the place to be , the sun newspaper are doing holidays again so I think he may be on a loser there ????? so where do you put your cash .......hmmmmm a bemused travlinmanukok...............
steve x
Straight into the hands of the lovely shopkeepers and card companies at the moment :cry:
Premium bonds at least you are guaranteed to get your money back with a chance of winning some along the way if you are lucky.
I'm no financial advisor, so take this with a pinch of salt, but if you have any kind of debt, personally, I'd look at paying it off, you'll be loosing out as the interest you make on savings is cancelled out by the interest you have to pay on debt. has some useful advice.
... Or "invest" it on doing the house up?
...Otherwise do what I'd do and blow it on a holiday and beer.
... Premium Bonds is an excellent idea during the current chilly climate!
We have had £50 woth of Prem Bonds since about 1976 and have not won anything yet.
However our £50 is still safe for what is is worth now.
medic
try a swiss investment scheme that is offering (and PRODUCING) returns of 2%-4% per month .................. bad news is that you need a minimum of £5 mln.
or you could try horse racing - up £2,500/£3,000 in 2006 and 2007 betting a maximum of £25 using a service
do not pay off debt unless you actually have to - cheapest for years and if you were ever to need a new loan over the next few years terms and conditions (leaving aside availability!) will be far tougher and potentially expensive!
try a swiss investment scheme that is offering (and PRODUCING) returns of 2%-4% per month .................. bad news is that you need a minimum of £5 mln.
or you could try horse racing - up £2,500/£3,000 in 2006 and 2007 betting a maximum of £25 using a service
do not pay off debt unless you actually have to - cheapest for years and if you were ever to need a new loan over the next few years terms and conditions (leaving aside availability!) will be far tougher and potentially expensive!
I was told to put my money in bricks and mortar.
i've now got 100,000 class A commons and 20t mortar sat on my drive. which way to ebay? :doh:
I have no savings and no spare cash, but I have a job and a home and no unmanageable debts (just a mortgage). My husband is self-employed and has (so far) still got work. I guess I'm holding my breath a bit but feeling better off than a lot of people and hoping that my own situation continues to maintain a fairly even keel. I hope most of you are at least as fortunate as we are. :therethere:
Stock market if medium to long term.
Golds coming back too.