Best savings account?

Long term US treasury bonds are hovering around 5% at the moment, any ideas on how to buy them and not an ETF?
 
200sols said:
Not easy for retail investors to buy those in the UK. Yields on gilts are better anyway and no currency risk.
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Aye but the dollar is weak against the pound at the moment.. so there’s a good chance of a bonus as the dollar returns back to normal levels.
 
Dg834man said:
You must be young if you think that. :cry:
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Was thinking that, I see the $-£ exchange being a potential liability. $2 to the pound again would wipe out a lot of the gains for UK folk invested in US trackers.

Who knows how US fiscal/trade/tax policy will impact the dollar value long term.
 
Fact is nobody knows how currency will move, when it comes to buying individual bonds staying at home in sterling is far easier and removes any currency risk.

I know one thing though, I wouldn't be buying US long bonds given how they have a crazy man in charge and an unsustainable deficit.
 
No one is doing 7.5% except those savers with tiny limits and even those have come down a fair bit recently.
 
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marinersfan said:
Actually, it does read as being a bit ****. £300 a month for a year, earn £146.
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Always confused why this is a problem? I put £3600 in a savings account with 5%, set up a direct debit and shift £300 a month to the regular saver 7%. Overall I'm up - so why is everyone dead against them?
 
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Goksly said:
Always confused why this is a problem? I put £3600 in a savings account with 5%, set up a direct debit and shift £300 a month to the regular saver 7%. Overall I'm up - so why is everyone dead against them?
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I'm sure I read that you get just over half the interest rate over the year as you start off with £300 in month 1 then £600 in month 2 etc, it's only the final month that you get the full interest as most regular savers are for a year.
www.moneysavingexpert.com

Regular savings accounts

Get the top-paying regular savings accounts - you could earn up to 7.5% by reading our guide at MoneySavingExpert.
www.moneysavingexpert.com www.moneysavingexpert.com

In your case as you already have the savings money it would be better off in the 5% account.

Regular savers are ok if you're putting in excess money from your salary each month for example.
 
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~Mike~ said:
I'm sure I read that you get just over half the interest rate over the year as you start off with £300 in month 1 then £600 in month 2 etc, it's only the final month that you get the full interest as most regular savers are for a year.
www.moneysavingexpert.com

Regular savings accounts

Get the top-paying regular savings accounts - you could earn up to 7.5% by reading our guide at MoneySavingExpert.
www.moneysavingexpert.com www.moneysavingexpert.com

In your case as you already have the savings money it would be better off in the 5% account.

Regular savers are ok if you're putting in excess money from your salary each month for example.
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you've misinterpreted it lol

do the calcs yourself: https://www.moneysavingexpert.com/savings/regular-savings-calculator/
 
I initially wrote this in the stocks thread. But it's more general savings.


Weird question.

Does anyone have a target isa/liquid savings value? I've saved quite heavily over the last few years and I'm wondering if it's good to pedal that back (obviously still pension matched).

Its addictive saving. (probably one of the better ones). But I believe my isa is out of kilter compared to the typical "liquid cash vs pension".

I'm aware this maybe a nonsensical question as some people may not think a million is enough and others like 10k is. Too much.

Would be great to hear from people who aren't FIRE. But more live for now.
 
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