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Was thinking premium bonds but recently found out if you put money in them now you won't be in the draw until 1st November - might only get 1 draw in that time. So is it just a matter of the highest interest savings account that lets me withdraw the money in a few months' time with no penalty? Might only get 1pc for that. Or a CASH Isa. Any advice?
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You won't get much in this day and age, expecially for a few months, after tax etc. If you go for Cash ISA then check penalty causes.
Thinly veiled "seeking some financial advice" thread imo.
1pc = £60-£90 I guess. just seems a waste in a current account where I get £5 a month regardless.
I can give you all the advice . I locked some up at 4.5% 2.5 years ago, I was told I was mad at the time but not worked out that way!
In 2 or 3 months I would turn that into £50,000 ... put it into betfair and lay something thats a 100% certainty, that will keep i hidden for a few months
Go with premium bonds put £ 30' 000 in won £1000 first month
(Or second month which ever way you luck at it )just got £25 for September, better than the bank or under your bed
(Or second month which ever way you luck at it )just got £25 for September, better than the bank or under your bed
Why don't you invest it in gambling or trading. I could turn 35000 in to 70000 in 3 months with ease.
Does seem a strange query for a BETFAIRman. 3months in savings pays - what - £43ish?
That's beaten by 50p/day Betfair. No brainer imo.
That's beaten by 50p/day Betfair. No brainer imo.
No way I'm punting with it. Might just put it in premium bonds but only get 1 or 2 draws. Actually that is kind of punting.
Put it on a Hawks Swans Grand Final quinella. It's not punting, it's finding money in the street.
id do a bit of research on a few shares....making sure you get a dividend in or trade off on the back off a ex dividend date.
Back WI to beat Bangles, 9% in 2 days at most.
Back majority No vote, Scottish referendum 40% this month
Yo know it makes sense.
Back majority No vote, Scottish referendum 40% this month
Yo know it makes sense.
AA pays 1.4% .....Premium Bonds average circa 1% but you might get nothing
or a million.
or a million.
Various solid shares pay decent divis. Buy London Metric anytime before December and pick up 7% and then sell hopefully for a capital appreciation as well.
Shares are not for 3 months more like 5 to 15 years.
Premium bonds a safe punt but you might get nothing.
Banks interest over 3 months probably not worth the bother
Better repaying any credit cards you have
Premium bonds a safe punt but you might get nothing.
Banks interest over 3 months probably not worth the bother
Better repaying any credit cards you have
*sorry 3.5% in December. 3.5% next July.
Bit longer than the OP wants to wait.
Bit longer than the OP wants to wait.
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