24 replies to this topic

[ryan22_lgm]

i have a isa attached to my lloyds current account and i can move the money instantly using my online banking? :)

Edited by ryan22_lgm, 27 January 2012 - 11:56 PM.

[mini93]

Trust me, my first suggestion is your best bet.

think you have misread though... he doesnt want a card

[TORZIEnJIM]

My bad, monthly stocks and shares isa all the way

[Shifty]

***cough****(what I said!!)

[blacktulip]

Trust me, my first suggestion is your best bet.

think you have misread though... he doesnt want a card

your right, i DONT want a card. i just want a pay in book so i cant touch it for self discipline reasons lol i have a Halifax current account at the moment but just wanted some input on others that anyone of you might be on.

Edited by blacktulip, 28 January 2012 - 12:14 AM.

[se_juggles]

then get a isa lol as shifty said you cant get more disaplin then not being allowed to touch it

[Ethel]

Have a look at one of the online fund managers like Jupiter, Seymour Sinclair...

you should get a better deal than you would through a bank. There are also plenty of money/investment related forums & martin watshis faces site

Always use as much of your ISA as you can so the annual allowances build up - even if the rates are pants now you'll be able to avoid the tax forever.

Property 'n mortgages are a big, long term, commitment, if you could even secure a buy to let mortgage, but you might still find an investment fund that's based in property.

[stevede]

Does your employer offer a share save scheme?

We have one where you can put up to £250 max a month (run by Yorkshire BS) and at the end of 3 or 5 years, you get the option to buy shares at a discounted rate, which was set at the time you took the plan out.

Worst case is you get your money back at the end of the scheme with a small amount of interest.

One of mine at the mo' (still a year to run), the current share value will give me a 47% return. Worst I've had so far is 20%

As always there are lots of T&C's so may not suit everyone.

Good luck

Regards

Steve

Edited by stevede, 28 January 2012 - 08:40 AM.

[Beej123]

Our accountant recommends premium bonds over all else at the moment, the average returns from prizes are higher than any interest rate you will get ISA or not. If you have £1000 worth of bonds, it's like playing the lottery 1000 times a month but you can NEVER lose your money and the chances of a win are thousands of times better. I have around £2000 worth of premium bonds and over the last few years I have averaged around £350 per year in prizes. What bank is offering that kind of interest? (approx. 15%)

[R1minimagic]

If you do get an ISA make sure you transfer it to a new one each year, otherwise the rate plummets and pointless having one