Guaranteed return on investment - where's best ATM
Discussion
For currency it depends if you can select a suitable 'hard' coinage, with an impending euro recession, the UK problems, Asian and the US problems I'd have to say any rich european country without the euro would be on my sort list, and ideally with no EU ties to drag it down. Swiss francs?
Gold or silver seem to have done good, although that could stop too I suppose.
It's difficult to say - some shares with very good P/E ratios may pay more in dividends than any growth, and have anti-tanking as a benefit sometimes. Utilities etc.
This assumes you have no loans, but I suspect you do not;- else you would not be asking the question..
Gold or silver seem to have done good, although that could stop too I suppose.
It's difficult to say - some shares with very good P/E ratios may pay more in dividends than any growth, and have anti-tanking as a benefit sometimes. Utilities etc.
This assumes you have no loans, but I suspect you do not;- else you would not be asking the question..
For NS & I 93k is the total of all their tax free products, so £30k premium bonds + £15k 3-yr bond, £15k 5-yr bond etc. etc. They've just cut their rates as well.
Northern Rock are doing a 6.9% bond if you've the stomach for that, I don't know if it's protected by the government though. Better check that one!
Playing with currency is way too risky me.
I've just started a mixed fund of what's classed as risky by my bank (HBOS).
There are certainly more exciting funds to have a go at, Korea, India etc. but the main reason I went for it is the 1% charges.
I'll see how much it's dropped when I see my non-independant-IFA tomorrow
Northern Rock are doing a 6.9% bond if you've the stomach for that, I don't know if it's protected by the government though. Better check that one!
Playing with currency is way too risky me.
I've just started a mixed fund of what's classed as risky by my bank (HBOS).
There are certainly more exciting funds to have a go at, Korea, India etc. but the main reason I went for it is the 1% charges.
I'll see how much it's dropped when I see my non-independant-IFA tomorrow
For safety have you considered rolling 3mth tbills or slightly longer gilts??
Some of the yields on the clearing banks stock have looked generous in comparison to expected base rates (which should help the banks) If you do go for higher rate internet access accounts up to the fsa threshhold, i would certainly entertain putting 1/3rd into such stocks or at least make use of the mini Isa allowance you have left after the £3k cash.
Some of the yields on the clearing banks stock have looked generous in comparison to expected base rates (which should help the banks) If you do go for higher rate internet access accounts up to the fsa threshhold, i would certainly entertain putting 1/3rd into such stocks or at least make use of the mini Isa allowance you have left after the £3k cash.
Venture Capital Trusts (VCTs) will give you 30% tax rebate immediately, so they have to do pretty badly for you to make a loss on your outlay!
I think you can put in up to £200K a year, and need to leave it there for 3 (or is it 5?) years.
I think you can put in up to £200K a year, and need to leave it there for 3 (or is it 5?) years.
I am not an IFA; the value of your investment may go down as well as up etc., etc.
I agree on VCT's, but they aren't risk free and some have been loss making after the tax benefits. Have a look at the table on www.trustnet.co.uk for a list of how the VCT manager's have performed. Venture Capital management groups do seem to be a partial exception to the rule that fund manager expertise is more down to luck than judgement as some groups seem to have managed an unduly large value of dogs. Also bear in mind the discounts available if you buy through a discount broker such as Hargreaves Lansdowne.
It's now 5 years minimum holding. The dividends are tax free as well. The tax relief is there because they are risky.
It's now 5 years minimum holding. The dividends are tax free as well. The tax relief is there because they are risky.
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