franksfat&slow&wank 2:26 Tue Aug 7
Investment on savings
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LCF offering nearly 9% over 5 years paid annually
Anyone got any recommendations ?
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Replies - In Chronological Order ( Show Newest Messages First)
brick_lane_batty_boy
2:31 Tue Aug 7
Re: Investment on savings
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I actually can't believe the club agree to having that Basset & Gold company advertised on the sleeve of the shirt.
These companies are so moody - investing in these types of firm only results in tears.
The old adage of 'if it's too good to be true - it normally is' - couldn't be more apt when it comes to these companies guaranteeing unrealistic returns.
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franksfat&slow&wank
2:38 Tue Aug 7
Re: Investment on savings
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Brick lane yeah was thinking that 🙈
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brick_lane_batty_boy
2:44 Tue Aug 7
Re: Investment on savings
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Stick you money in an ETF like Fundsmith/ Lindsell global equity or alike through an ISA. Tax free gains (if they make money of course) - At least you know these funds are run by market professionals and are properly managed.
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Cheezey Bell-End
2:48 Tue Aug 7
Re: Investment on savings
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I would have suggested using Vanguard ETFs. I'm just getting into this stuff myself and they are well regarded and have low fees.
Lots of really good youtube channels devoted to investments. I've learnt a lot about ISAs etc that I wish I had known years ago, rather than now when I actually want to retire..
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brick_lane_batty_boy
2:50 Tue Aug 7
Re: Investment on savings
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This suggests you are in your 50's and your username is Cheezey Bell end - I like it !
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Mace66
3:14 Tue Aug 7
Re: Investment on savings
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Get into matched betting using your savings as your bank
HUGE returns !!!
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Northern Sold
3:14 Tue Aug 7
Re: Investment on savings
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Savings??? What's that ??
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Spandex Sidney
3:20 Tue Aug 7
Re: Investment on savings
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Is it easy to open a ETF ISA then? Is it done through their websites?
Matched Betting?? Huge returns?! What 2 quid here, 2 quid there?!
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Gavros
3:22 Tue Aug 7
Re: Investment on savings
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If youre below 40, take out a LISA immediately.
25% bonus on up to £4000 invested per annum....so in reality on a savings product youre looking at about 27% return.
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angryprumphs
3:32 Tue Aug 7
Re: Investment on savings
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If you fancy putting it into Silver, then I can get you a cracking price. It doesnt devalue like paper money.
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sbeddy
3:48 Tue Aug 7
Re: Investment on savings
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No protection on LCF whatsoever
"Please note that the bonds and ISAs are not authorised by the Financial Conduct Authority and not protected by the Financial Services Compensation Scheme."
Doesn't mean not to do it but eyes wide open etc. Asset backed mean't jack shit back in 2007/2008.
But don't listen to me - I went into cash after Brexit - didn't really work out.
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Leeshere
4:01 Tue Aug 7
Re: Investment on savings
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I've recently invested with Fundsmith as well, hopefully for a long term investment it will be worthwhile.
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LeroysBoots
4:16 Tue Aug 7
Re: Investment on savings
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As an ex employee I can highly recommend Fidelity's FundsNetwork investment platform.
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Trevor B
4:21 Tue Aug 7
Re: Investment on savings
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LB
You just said that you should trust ex employees????
LeroysBoots 4:13 Tue Aug 7
Re: 2018 Summer Transfer Window gossip
As if Ex knows everything !!?, deluded fool
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brick_lane_batty_boy
4:23 Tue Aug 7
Re: Investment on savings
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Spandex Sidney 3:20 Tue Aug 7
Re: Investment on savings
So easy to set up an ISA - go to companies such as Hagreaves Landsdown - it really is a no brainer if you have money to save. You're virtually losing money over time leaving it in a bank account accruing zero interest.
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Trevor B
4:24 Tue Aug 7
Re: Investment on savings
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*shouldn't
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LeroysBoots
4:26 Tue Aug 7
Re: Investment on savings
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Trev, I;m sure you thought it would be funny !!!!
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Woodford Green
4:33 Tue Aug 7
Re: Investment on savings
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Another vote for Lindsell Train Global here.
It's made some superb returns in recent years by just investing on big global blue chip corporates and is well diversified by its global mandate.
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Cheezey Bell-End
4:44 Tue Aug 7
Re: Investment on savings
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Was talking to a bloke I know on Sunday. He inherited a load of money when his Dad died in the 80s and who had owned a construction company. This guy invested it all and just left it. When I met him in 2009 he was unemployed and broke and I helped him to pay his rent/eat, which I never got back.
He told me on Sunday that when he retires aged 55 in 3 years, he will access his money which will by then be worth over £300m. Why he has bothered to continue working all this time, I have no idea. I would have blown most of it on travel and hookers.
Reckons it's in the Cayman Islands and earns %20 pa.
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