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cyprus1

Joined: 19/02/2007 Posts: 154
Message Posted: 12/03/2011 20:40 | Join or Login to Reply | Message 1 of 14 in Discussion |
| Could any one with a good knowledge tell me the best and safest place to invest £50 to 75 sterling and what interest rates to expect. Thanks. |
cyprus1

Joined: 19/02/2007 Posts: 154
Message Posted: 12/03/2011 20:43 | Join or Login to Reply | Message 2 of 14 in Discussion |
| re message 1 £50000 - £75000 |
rowlo


Joined: 12/10/2008 Posts: 4796
Message Posted: 12/03/2011 20:45 | Join or Login to Reply | Message 3 of 14 in Discussion |
| invest it in efes , no interest , but should keep you happy for a week ? |
cyprus1

Joined: 19/02/2007 Posts: 154
Message Posted: 12/03/2011 20:47 | Join or Login to Reply | Message 4 of 14 in Discussion |
| Oh I have that in mind, it's a while since i had an Efes. i was brought up on it. |
philbailey

Joined: 17/01/2011 Posts: 3534
Message Posted: 12/03/2011 20:52 | Join or Login to Reply | Message 5 of 14 in Discussion |
| Bail for a certain A Davey |
cyprus1

Joined: 19/02/2007 Posts: 154
Message Posted: 12/03/2011 20:54 | Join or Login to Reply | Message 6 of 14 in Discussion |
| message 5 ??????? |
gooligan

Joined: 30/01/2007 Posts: 1591
Message Posted: 12/03/2011 20:54 | Join or Login to Reply | Message 7 of 14 in Discussion |
| Steve,best place could be crediwest,still offering 8%. Safest place if you fancy a bit of a flutter is premium bonds,you and Barbara could get £30,000 each and hope to win a decent prize every month. |
cyprus1

Joined: 19/02/2007 Posts: 154
Message Posted: 12/03/2011 21:07 | Join or Login to Reply | Message 8 of 14 in Discussion |
| Rob with our luck you could be right might win a million. (that would get them talking) |
Groucho


Joined: 26/04/2008 Posts: 7993
Message Posted: 12/03/2011 21:08 | Join or Login to Reply | Message 9 of 14 in Discussion |
| Premium bonds are now a mug bet. They used to be really good giving a tax-free return better than many bank deposit rates if you held the maximum holding but these days holding anything more than a few is no longer worth the punt. This is due to the massive reductions in payouts... |
gooligan

Joined: 30/01/2007 Posts: 1591
Message Posted: 12/03/2011 21:24 | Join or Login to Reply | Message 10 of 14 in Discussion |
| Steve you could pit it with the money you won with 5 and the bonus ball the other year Groucho,at least they are safe,we won £300 this month,£100 last month,£50 in January.A mug bet would be getting 0.5% in the UK banks. |
gusanova

Joined: 23/11/2010 Posts: 187
Message Posted: 12/03/2011 21:24 | Join or Login to Reply | Message 11 of 14 in Discussion |
| Speak to Scott at Astute FMA as they have some good investments and can advise you and if not happy you can walk away- no pressure sell! |
No1Doyen

 Joined: 04/07/2008 Posts: 16617
Message Posted: 12/03/2011 21:49 | Join or Login to Reply | Message 13 of 14 in Discussion |
| Buy an apartment for £30k and rent it out for £250 a month - 10% return. Job done. |
lovingcyprus

Joined: 02/03/2007 Posts: 1272
Message Posted: 12/03/2011 21:50 | Join or Login to Reply | Message 14 of 14 in Discussion |
| Re message 1, If the £50,000-75,000 is all you have you should not invest it with just 1 organisation, you should spread it about a bit this will minimise the risk should the worst happen. In fact you should really spread it about a bit that is one of the basics of investing. |
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