corsasport.co.uk
 

Corsa Sport » Message Board » Off Day » House Day » Savings


New Topic

New Poll
  Subscribe | Add to Favourites

You are not logged in and may not post or reply to messages. Please log in or create a new account or mail us about fixing an existing one - register@corsasport.co.uk

There are also many more features available when you are logged in such as private messages, buddy list, location services, post search and more.


Author Savings
Andrew
Member

Registered: 5th May 04
Location: Skoda Octavia Estate, Ford Puma
User status: Offline
2nd Sep 15 at 19:52   View User's Profile U2U Member Reply With Quote

Looking to save some money over a couple of years.

Does anyone know of any better deals that this:

http://uk.virginmoney.com/savings/find/virgin_fixed_rate_cash_e_isa_issue_131/overview/

whitter45
Member

Registered: 15th Nov 02
Location: Norton
User status: Offline
3rd Sep 15 at 07:48   View User's Profile U2U Member Reply With Quote

depends how long a couple of years is and how much*

*Not asking you to say

But small amounts will yield little benefits - If long term invest with Stocks and Shares - seen a good return over the last 4 years but they do go up and down
luciaadr
Member

Registered: 11th Aug 04
Location: Bexleyheath, Greater London
User status: Offline
3rd Sep 15 at 08:10   View User's Profile U2U Member Reply With Quote

Santander 123 account pays 3% on balances up to 20k, but you have to use it as your current account. I get 15-20 cashback per month from it as well.
luciaadr
Member

Registered: 11th Aug 04
Location: Bexleyheath, Greater London
User status: Offline
3rd Sep 15 at 08:31   View User's Profile U2U Member Reply With Quote

Much more worthwhile generally to pay down debt though
VrsTurbo
Premium Member

Registered: 8th Jun 10
User status: Offline
3rd Sep 15 at 13:17   View Garage View User's Profile U2U Member Reply With Quote

All mine is in Hargreaves Lansdown. But a stocks and shares ISA. Can loose alot but can also gain alot too.

we the FTSE 100 crashed my father in law lost alot!
spencer88
Member

Registered: 6th Oct 08
Location: cornwall
User status: Offline
3rd Sep 15 at 15:00   View User's Profile U2U Member Reply With Quote

First question is, do you have any debt? Any at all or finance?
DaveyLC
Member

Registered: 8th Oct 08
Location: Berkshire
User status: Offline
3rd Sep 15 at 15:10   View User's Profile U2U Member Reply With Quote

ISA's are a waste of space because the limits are so low and to get even a reasonable return on a savings account it will be one that wont let you withdraw which is a pain if you are the sort of person that will take cash out to do a bit of wheeling and dealing so to speak.

I've got a Halifax savers account that supposed to be 'a good one' that returns 0.5% (really? that's good?), it lets me make a limited number of withdrawals in a year and it returned me a poxy 230 over the last year.

I have an ISA to that maxed out (just over 6k or something IIRC?) returned something gay like 130 over a year.

Hopefully the base rate will sort its life out over the next couple of years!
VrsTurbo
Premium Member

Registered: 8th Jun 10
User status: Offline
3rd Sep 15 at 16:31   View Garage View User's Profile U2U Member Reply With Quote

You do know you can put 15k into an ISA DaveyLC
DaveyLC
Member

Registered: 8th Oct 08
Location: Berkshire
User status: Offline
3rd Sep 15 at 16:38   View User's Profile U2U Member Reply With Quote

Last time I did an ISA (2013-14) the limit was pitiful

What's the return on 15k?
DaveyLC
Member

Registered: 8th Oct 08
Location: Berkshire
User status: Offline
3rd Sep 15 at 16:39   View User's Profile U2U Member Reply With Quote

Just checked my bank.. 0.8% on a flexible one or 1.6%, 2.0% and 2.15% on a fixed.

So about 240 in the first year? Yippy fucking doodah.


[Edited on 03-09-2015 by DaveyLC]
Cavey
Member

Registered: 11th Nov 02
Location: Derby
User status: Offline
3rd Sep 15 at 16:52   View User's Profile U2U Member Reply With Quote

I'm paying into a shareware scheme at work, in 3 years, I'll be buying shares at 360 when I believe they'll be around 500 a share, so will probably make more on that than a saving scheme (although worst scenario I'll just get my money back) Was oversubscribed so we can only do 20 a week at maximum though, so 3k worth

Anything similar you'd be able to get into
Ste
Premium Member

Avatar

Registered: 5th Mar 03
Location: Taif, Saudi Arabia
User status: Offline
4th Sep 15 at 04:46   View Garage View User's Profile U2U Member Reply With Quote

quote:
Originally posted by VrsTurbo
All mine is in Hargreaves Lansdown. But a stocks and shares ISA. Can loose alot but can also gain alot too.

we the FTSE 100 crashed my father in law lost alot!


Yes but it had recovered after a few months and is double what it was then. I have money in axa framlington biotech through Hargreaves Lansdown which has made 240% in 3 years

http://www.hl.co.uk/funds/fund-discounts,-prices--and--factsheets/search-results/a/axa-framlington-biotech-class-z-accumulation/charts

also some in Neptune UK Mid cap which has returned 160% in 4 years.

http://www.hl.co.uk/funds/fund-discounts,-prices--and--factsheets/search-results/n/neptune-uk-mid-cap-class-c-accumulation/charts

Look about July 2011 for the stock market crash and see what it has done since then. A crash is a great time to invest. Just like now, prices are low and historically rise like fuck.


I would rather lose by a mile because i built my own car, than win by an inch because someone else built it for me.
VrsTurbo
Premium Member

Registered: 8th Jun 10
User status: Offline
4th Sep 15 at 13:09   View Garage View User's Profile U2U Member Reply With Quote

Im just talking about the FTSE 100 issue a couple of weeks back when it dropped a nice chuck due to china.
Kyle T
Premium Member

Avatar

Registered: 11th Sep 04
Location: Selby, North Yorkshire
User status: Online
4th Sep 15 at 17:50   View Garage View User's Profile U2U Member Reply With Quote

quote:
Originally posted by Cavey
I'm paying into a shareware scheme at work, in 3 years, I'll be buying shares at 360 when I believe they'll be around 500 a share, so will probably make more on that than a saving scheme (although worst scenario I'll just get my money back) Was oversubscribed so we can only do 20 a week at maximum though, so 3k worth

Anything similar you'd be able to get into


Got 6 more months of my 5 year sharesave. "Bought" at 314p, they peaked at 9 but they're now mid 200 Such a shame.


Lotus Elise 111R

Impreza WRX STi
Kyle T
Premium Member

Avatar

Registered: 11th Sep 04
Location: Selby, North Yorkshire
User status: Online
4th Sep 15 at 17:51   View Garage View User's Profile U2U Member Reply With Quote

Santander 123 is as decent enough for stuff up to 20k from when I did my research, or buy a Corsa C TDI as they're going up in value.


Lotus Elise 111R

Impreza WRX STi
jacko198
Member

Registered: 1st Mar 07
Location: Buckinghamshire
User status: Offline
5th Sep 15 at 18:22   View User's Profile U2U Member Reply With Quote

Is the santander 3% per month? If so thats quite impressive!

jacko198
Member

Registered: 1st Mar 07
Location: Buckinghamshire
User status: Offline
5th Sep 15 at 18:35   View User's Profile U2U Member Reply With Quote

Just been reading into it. I could get 200 cashback (i presume a month)
That is crazy! Am i reading that wrong?!
Andrew
Member

Registered: 5th May 04
Location: Skoda Octavia Estate, Ford Puma
User status: Offline
5th Sep 15 at 18:37   View User's Profile U2U Member Reply With Quote

I don't really know much about stocks and shares.

I'm the kind of person to play it safe!
luciaadr
Member

Registered: 11th Aug 04
Location: Bexleyheath, Greater London
User status: Offline
6th Sep 15 at 17:44   View User's Profile U2U Member Reply With Quote

quote:
Originally posted by jacko198
Is the santander 3% per month? If so thats quite impressive!



Its 3% a year. 3% a month would be very impressive

quote:
Originally posted by jacko198
Just been reading into it. I could get 200 cashback (i presume a month)
That is crazy! Am i reading that wrong?!


Yes, you're reading that wrong. Don't know what you put in the calculator but that's a reasonable yearly figure

 
New Topic

New Poll

  Related Threads Author Forum Replies Views Last Post
Offset Mortgage question BigSte House Day 14 668
30th Oct 07 at 09:27
by Fee
 
Savings accounts loubielou House Day 6 1040
29th Jan 08 at 13:37
by psycho sport
 
Interest rate drop to 2% Colin House Day 9 665
18th Dec 08 at 17:59
by Ian
 
Mortgage advice .. Rob B House Day 28 959
3rd Aug 11 at 18:14
by Rob B
 
Quick boring banking question - Regular Savings kz House Day 2 498
9th Jan 15 at 16:34
by kz
 

Corsa Sport » Message Board » Off Day » House Day » Savings 30 database queries in 0.0188651 seconds