Soldato
Per month.
Where would you invest this monies?
No crypto currency please.
Where would you invest this monies?
No crypto currency please.
You have at least £800 to blow....
- Thread starter DAIR
- Start date
Some into premium bonds.
Some into a stocks & shares isa.
Some into a new current account offering 5% interest, the weekly MSE email this morning mentioned a couple of accounts paying this rate but the limit was up to £300 inbound payments/month.
Some into a stocks & shares isa.
Some into a new current account offering 5% interest, the weekly MSE email this morning mentioned a couple of accounts paying this rate but the limit was up to £300 inbound payments/month.
Caporegime
- Joined
- 30 Jul 2013
- Posts
- 28,901
If you aren't a homeowner (and have never been one) then stick £4000 a year in to a LISA.
Will look into that.
Caporegime
http://www.hl.co.uk/funds/fund-disc...l/lindsell-train-global-equity-class-d-income
Look at those annual returns
I've made a few bob.
Look at those annual returns
I've made a few bob.
Man of Honour
What are your goals? When do you expect to use the money, within 10 years? Early retirement, regular retirement? Do you have a 6 month emergemer fund of living expenses set aside?
These will affect massively what is best to do with the money. The Reddit UK personal finance flowchart is a great guide...
https://i.imgur.com/BfHzwr9.png
These will affect massively what is best to do with the money. The Reddit UK personal finance flowchart is a great guide...
https://i.imgur.com/BfHzwr9.png
No mortgage yet.
Man of Honour
If you want it in that time frame then you'll need to stick to high interest current accounts and regular savers. Only go near the markets if you've got 10 years or so to ride out any fluctuations.
This might be useful for finding bank accounts....
https://www.bankaccountsavings.co.uk
Follow this:
https://i.imgur.com/BfHzwr9.png
If after reading the flowchart you are saving money, then something like an ISA with investments in Vanguard LifeStrategy 80% Equity Fund is a good shout. Very popular, low costs, diversified.
Credit: /r/ukpersonalfinance
Edit: Beaten to it...
https://i.imgur.com/BfHzwr9.png
If after reading the flowchart you are saving money, then something like an ISA with investments in Vanguard LifeStrategy 80% Equity Fund is a good shout. Very popular, low costs, diversified.
Credit: /r/ukpersonalfinance
Edit: Beaten to it...
Soldato
Invest them down the local boozer and brothel.................. 800 quid is nothing these days other than a semi decent weekend
Caporegime
- Joined
- 30 Jul 2013
- Posts
- 28,901
I wouldn't mind an extra £800 a month...
Soldato
Some broken lawn mower engines 
Associate
- Joined
- 31 Aug 2017
- Posts
- 2,209
If your renting then mortgage everytime, its going to come down nice and fast if you can put an extra 800 quid into it a month.
... naa what i am saying, beers and hookers everytime.
... naa what i am saying, beers and hookers everytime.