ISA filled
- Thread starter BenBhoy
- Start date
Open a savings accounts that gives the highest interest rate available for a month and then move it to an ISA when April hits.
Trading 212 is generally quite good. Chase used to have a decent rate for the first 12 months but it has been a while since I looked. There might also be some accounts that give higher rates but only on smaller balances say up to 5 grand or similar. If the rate was decent enough, it could be worth opening a handful of them but it is easy to get account fatigue each year having to move stuff around so much because they are all keep lowering rates and competing with each other via micro rate adjustments. Like car insurance, it is infuriating.
I would not invest short term in anything equity based right now and I would also not put money in to metals short term either. Cash is trash long term as its value is being eroded away quicker than the rate of interest you can get on basic saving vehicles but for a month, I would absolutely stay in cash.
Trading 212 is generally quite good. Chase used to have a decent rate for the first 12 months but it has been a while since I looked. There might also be some accounts that give higher rates but only on smaller balances say up to 5 grand or similar. If the rate was decent enough, it could be worth opening a handful of them but it is easy to get account fatigue each year having to move stuff around so much because they are all keep lowering rates and competing with each other via micro rate adjustments. Like car insurance, it is infuriating.
I would not invest short term in anything equity based right now and I would also not put money in to metals short term either. Cash is trash long term as its value is being eroded away quicker than the rate of interest you can get on basic saving vehicles but for a month, I would absolutely stay in cash.
Don't bother with premium bonds, I've had a reasonable return on them up to last year. I've had 10k in there and not had a sniff for the last 10 months. I'd have had a better return on a current account.
My stocks and shares ISA is doing ok, I'd look at putting the rest in s and p 500. Look at putting a bit in regularly not all at once, hopefully that will spread the risk avoiding the daily fluctuations.
I've often thought put some money in oil after a big disaster the share prices drop off a cliff but they always go up. There will be big profits for the oil company's at the moment.
My stocks and shares ISA is doing ok, I'd look at putting the rest in s and p 500. Look at putting a bit in regularly not all at once, hopefully that will spread the risk avoiding the daily fluctuations.
I've often thought put some money in oil after a big disaster the share prices drop off a cliff but they always go up. There will be big profits for the oil company's at the moment.
Raytheon shares?
Although it's locked in until nearing retirement.
Buy a range rover. You'll not have any spare cash then.
BenBhoy
Well-Known Member
You can pop off to the land of fuĉk!!Go and buy a deer legal rifle and pay for some nice stalking ground to use it on
You have also shot yourself in the foot and cant complain about being a poor agricultural worker "ooh I have so much money I dont know what to do with it"
Ruby Tuesday 2
Well-Known Member
Go to your local gun shop and buy some factory copper ammunition that will reduce the amount you have to worry about.
merlin
Well-Known Member
Splurge it on a long stay at Grays Court in York, that should soon address having a surplus of funds
BenBhoy
Well-Known Member
Ha Mrs says I should buy new car - nowt wrong with my 18 year old Toyota aygo!! £20 year tax, £30 to fill up, gets me where I need to be!! No way shelling out on fancy car.
BenBhoy
Well-Known Member
Yeah done that mate
I bet you squeak when you walk too!
I think the best investment you could make is in your kids. Have some time off and spend it with the kids. Not necessarily a fancy holiday but a few nice experiences with them while there still young. Life's so busy we all work too hard. Have some fun as a family.
♤ Sports car or Japanese imported Suzuki Jimny.
♤ Family holiday in the land of the free.
♤ Suitcase stuffed strategically with non-Christmas tree reticled rifle scopes and 100 Sako or Norma 6mm PPC (US) cases that you may sell to me at a good profit.
Anything left over may be donated to BASC to assist in their on-going battle to preserve the 243!
K
♤ Family holiday in the land of the free.
♤ Suitcase stuffed strategically with non-Christmas tree reticled rifle scopes and 100 Sako or Norma 6mm PPC (US) cases that you may sell to me at a good profit.
Anything left over may be donated to BASC to assist in their on-going battle to preserve the 243!
K
BenBhoy
Well-Known Member
We've booked Disney Paris for August mate. Can't wait to meet Olaf @ the new Frozen world!!
️Awesome. Who's more excited??? Are the kids staying with grandparents?We've booked Disney Paris for August mate. Can't wait to meet Olaf @ the new Frozen world!!
