Advice on investing a small amount of money...

HummuH1 · 19 Aug 2011 at 14:58

[TW]Fox;19868046 said:
NS&I savings certificate - RPI plus a bonus. Best safe way at the moment. It completely depends on your amount though, if its a grand then why bother, if its £10k think more carefully, etc.

RPI linked sounds promising. Thanks, will check it out.

HummuH1 · 19 Aug 2011 at 15:01

SeatIbiza said:
Wait for a bit. The stock markets are in turmoil at the moment and shares will likely tumble further...then buy some rock bottom shares and play the long game...i'm waiting for the company i work for shares to drop to 12 or so euros and then wait til they rock back up to double that again after this blip...well that's the hope anyway!

Premium bonds are not really worth the time. Saying that i just won £25. So that'll make £75 in about 4 years. LOL

Thanks, but shares are of no interest.

HummuH1 · 19 Aug 2011 at 15:02

Raikiri said:
All on black, high risk, high reward

I'll add that to the above list

ScoTTyBEEE · 19 Aug 2011 at 15:08

Spend it, saving's for mugs. Govt.'s got your back man.

breadturbo · 19 Aug 2011 at 15:13

make sure you get the bonds in a big line, ive got 16grands worth and win £75-150 a month on the draw

Vonhelmet · 19 Aug 2011 at 15:15

breadturbo said:
make sure you get the bonds in a big line, ive got 16grands worth and win £75-150 a month on the draw

Make sure you fail to understand statistics and exaggerate your winnings.

[TW]Fox · 19 Aug 2011 at 16:29

breadturbo said:
make sure you get the bonds in a big line, ive got 16grands worth and win £75-150 a month on the draw

Just.. oh dear.

Pestilence · 19 Aug 2011 at 16:37

Raikiri said:
All on black, high risk, high reward

I say this.

Judgeneo · 19 Aug 2011 at 16:40

but a fall bet on the FTSE, Dow, Dax, and cac.

Guaranteed good returns

SuperBOB · 19 Aug 2011 at 16:43

Invest in yourself, best return right now

Destination · 19 Aug 2011 at 17:24

Strife212 said:
Cash ISA 3.6%

Where;s the 3.6?
I've seena 3.05 allowing transfers with northern rock, and a 3.2 not allowing transfers, where is this 3.6 beast?

Judgeneo · 19 Aug 2011 at 17:26

Hikari Kisugi said:
Where;s the 3.6?
I've seena 3.05 allowing transfers with northern rock, and a 3.2 not allowing transfers, where is this 3.6 beast?

I can top that.

http://www.halifax.co.uk/savings/accounts/cash-isas/fixed-rate-isa/?source=NETOMGPMFRISAW000099

sigma · 19 Aug 2011 at 17:29

Buy porn, lots of porn!

Destination · 19 Aug 2011 at 17:47

Judgeneo said:
I can top that.

http://www.halifax.co.uk/savings/accounts/cash-isas/fixed-rate-isa/?source=NETOMGPMFRISAW000099

No withdrawals allowed. You can close your account at any time but you will lose 180 days interest
No additional deposits after account opening

so not suitable for the op, and to get more than 3 you've got to store for 4 yrs?

Judgeneo · 19 Aug 2011 at 17:50

Hikari Kisugi said:
No withdrawals allowed. You can close your account at any time but you will lose 180 days interest
No additional deposits after account opening

so not suitable for the op, and to get more than 3 you've got to store for 4 yrs?

Ahh didn't see the requirement for easy access, they did say they were willing to invest for up to 5 years though

Macro · 19 Aug 2011 at 18:08

NS&I Saving certificates at the moment. Tax free & Index linked at RPI +0.5%

http://www.nsandi.com/savings-index-linked-savings-certificates.

*note - I have no idea what I'm talking about, there's a good chance I'm making it up as I go along and if you lose all your money it's not my fault, I'm just repeating wot a bloke down the pub told me