Premium Bonds - If you post to say how much you've won, please also say how much you have invested.

DJMK4 said:
Where are you putting it instead?
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Has to be a stock and shares ISA, I'm close to the 50k personal tax allowance and if I put any part of the holdings into my savings account, the interest from my savings will take me over the 50K.

The S&P 500 is on a dip at the moment, so I'm just going to buy into that.

I could readjust my pension contributions, to allow for the extra interest but I feel that's a job for next tax year. I have a SAYE scheme maturing next year and won't be able to take it all in one go without getting hit by captial gains, so I need to allow for some of those to shares to collect dividends during the year which is included in the personal tax allowance.
 
slinxy said:
Has to be a stock and shares ISA, I'm close to the 50k personal tax allowance and if I put any part of the holdings into my savings account, the interest from my savings will take me over the 50K.

The S&P 500 is on a dip at the moment, so I'm just going to buy into that.

I could readjust my pension contributions, to allow for the extra interest but I feel that's a job for next tax year. I have a SAYE scheme maturing next year and won't be able to take it all in one go without getting hit by captial gains, so I need to allow for some of those to shares to collect dividends during the year which is included in the personal tax allowance.
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Do you have a cash ISA aswel or just the S&S ISA ?

I still have another 7k ISA allowance for this tax year - Currently at 33k in my Cash ISA

Not yet got a S&S ISA but i wouldnt be able to pay in to one anyway if i am using the 20K allowance on the Cash ISA for this year



I really want a gaurenteed return,

i had been doing well on the premium bonds however the last 2 winnings have been low,
 
DJMK4 said:
Do you have a cash ISA aswel or just the S&S ISA ?

I still have another 7k ISA allowance for this tax year - Currently at 33k in my Cash ISA

Not yet got a S&S ISA but i wouldnt be able to pay in to one anyway if i am using the 20K allowance on the Cash ISA for this year



I really want a gaurenteed return,

i had been doing well on the premium bonds however the last 2 winnings have been low,
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Yes, I have two cash ISAs one fixed term at 4.12 for 2 years which I can't put anything in anymore and a cash ISA with t212 at 5.2%.

If you want guarantee returns than it's a fix rate ISA, cash ISAs can go up and down. Another fixed rate of return is reguar savings account when you put a certain amount per month, they have limits to how much you can put in but I have one at 7.2% for £250 per month and are taxable.
 
slinxy said:
Yes, I have two cash ISAs one fixed term at 4.12 for 2 years which I can't put anything in anymore and a cash ISA with t212 at 5.2%.

If you want guarantee returns than it's a fix rate ISA, cash ISAs can go up and down. Another fixed rate of return is reguar savings account when you put a certain amount per month, they have limits to how much you can put in but I have one at 7.2% for £250 per month and are taxable.
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My cash ISA with ZOPA seems to be good at the moment, yes its variable but they are so far seem to be sticking to their guns with the 5.02% rate, i know a few banks which have dropped the rate in the last 2-4 months however zopa have not dropped it, hopefully it will be good until their stated date of April next year
 
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