Best place to put 1.5 k a month?
Discussion
Hi
Someone I know is saving 1.5k plus a month..
55, working for a few more years, or paid off sooner with generous payoff & put to grass.
Small 'offset account mortgage' @ 1.25% ish interest, BOE + .59 %tracker' since 2007, equivalent parked there so 0 interest in reality.
Most Banks offer naff all interest.
Self managed pension funds with a well known firm, gambled with some 'safe' funds + Japenese small businesses which are doing very well now, but may disappear tomorrow
Historic final salary schemes to pay the bills & food etc
Whats the best thing to do with hard cash, apart from wine, fast women & fast cars?
Maybe plow more into current pension to avoid tax? Take out 25% tax free when retired/redundant?
Or shoe box under the bed..
ISA seem a waste of effort?
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