www.ultimatehandyman.co.uk

i am looking at halifax at 3% return a year on £5640 for 3 years fixed in a isa tax free
now i am happy with that but would like a higher return at medium risk
has anyone got any suggestions as a non tax payer ??

I've got a unit trust based stocks and shares ISA using a fund of Asia Pacific (excluding Japan) investments which has averaged about 11% for each of the last 5 years, and has done 14% in the last 12 months.

I can PM you the details if you want a look at it.

was this doing in the acrylics forum

The cash element has been increased to £5760 for 2013/14. The shares ISA has also been raised. The lock-in deals are the way to go but a measly 3% seems to be about the norm at the moment. I see all the banks are now plugging their ISAs but never display their interest rates. It pays to have a reminder in your phone/diary because when the fixed term expires they automatically drop the rate to something ridiculously low - the robbing swines.

Nice returns there Inky but the risk is too heavy for me

0.35% increase in allowance waweee

inky peat i would be interested to look but unlikely to invest as the money i invest would be less than 10k as thats all i can afford to loose before my state pension in 6 years time
what are the annual running costs are they fixed no matter what you invest variable on amount or a mixture off both

I just chuck all my "spare" cash in premium bonds. I know it's a gamble, but it's paid 10X that any bank account I've ever had.

25 quid cheques come regularly. My parents get 50's and 100's just about every month!!

BG

how much do you have in bonds ??
a bank account would yield £25 for every £1000 saved at 2.5%

I've held £7 in PSB since 1963 and despite being registered have never won a penny, still I am considerring at present savings % rates there is not much to loose and put a lump sum in and least I shall have something to get excited about each month!

aeromech3 wrote:I've held £7 in PSB since 1963 and despite being registered have never won a penny, still I am considerring at present savings % rates there is not much to loose and put a lump sum in and least I shall have something to get excited about each month!

if you invested £7 in in 63 in a savings account at only 5% how much would it be worth now do you think??
and the same £7 at 9% average ??

£80.27 @5%
£520.50 @ 9%
Guessing a Tradesmans wage would have been about £20/week back then!?

big-all wrote:how much do you have in bonds ??
a bank account would yield £25 for every £1000 saved at 2.5%

At the moment, only a couple of grand. I had about 17k but it went into the other house. Parents have 30k each, the maximum - any money from mine goes into more bonds automatically. Any they get, has to be cash.

BG

Trouble with that BG is you are better if they are in a block and not just a load of add on.

thescruff wrote:Trouble with that BG is you are better if they are in a block and not just a load of add on.

It's not enough going in for me to really care atm.

It's great for me as I rarely plan (other than work) past 2 days which means I don't ever take it out. Takes 5 days, which pretty much rules any big purchase out

It works for me, but not for anyone after regular income.

BG

BillyGoat wrote:

big-all wrote:how much do you have in bonds ??
a bank account would yield £25 for every £1000 saved at 2.5%

At the moment, only a couple of grand. I had about 17k but it went into the other house. Parents have 30k each, the maximum - any money from mine goes into more bonds automatically. Any they get, has to be cash.

BG

you up on the average then if you get 3 x£25 a year

your parents could always take out £1000 to give them room to leave the winnings in