The Late Show...With Your Host, Cena

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CahillsCornerFlag said:
A cash ISA mate, I picked that one based on the guy's recommendation, apparently I can pay in whenever I want but I also have a direct debit. Sounds like a decent thing to have.
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Yup - only thing with an ISA is that you can't go over a certain amount per tax year, which is woeful on my part that I can't remember what that is! It's going up in April anyway.

I use ISA's as you can get to the money whenever. Some people prefer Bonds as the rates are a bit better but your money is locked up in them.

I'm boring myself now so i'll stop.
 
ijjysmith said:
Yup - only thing with an ISA is that you can't go over a certain amount per tax year, which is woeful on my part that I can't remember what that is! It's going up in April anyway.

I use ISA's as you can get to the money whenever. Some people prefer Bonds as the rates are a bit better but your money is locked up in them.

I'm boring myself now so i'll stop.
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£5640 max for cash isa until new tax year when it'll go up to £5,760. Whack it all in stocks and shares mate and you'll make billions, plus the limit on stocks and shares ISA is higher than a cash ISA, do it.
 
My mum and dad bought a massive amount of Premium Bonds with my grandma's inheritence. They've made back a lot more than they would have done through any ISA apparently. They did buy a hell of a lot though, so that's what probably made it more worthwhile.
 
Bungle said:
£5640 max for cash isa until new tax year when it'll go up to £5,760. Whack it all in stocks and shares mate and you'll make billions, plus the limit on stocks and shares ISA is higher than a cash ISA, do it.
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Rates on most ISA's are currently pretty woeful, have been for ages, and will be for even longer. But if you want access to your money they are still the way to go I reckon.

However, if you can afford to tie the money up Bonds are the way. OR as you say the Stocks and Shares ones. But there is a risk with those. Not much of one really. but there is one.

Christ i'm boring.
 
ijjysmith said:
Rates on most ISA's are currently pretty woeful, have been for ages, and will be for even longer. But if you want access to your money they are still the way to go I reckon.

However, if you can afford to tie the money up Bonds are the way. OR as you say the Stocks and Shares ones. But there is a risk with those. Not much of one really. but there is one.

Christ i'm boring.
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Structured Products is the way forward, linked to the FTSE 100 with a defensive element to it, or spread across more than one indicie.

How boring do you want to get?
 
ijjysmith said:
Yup - only thing with an ISA is that you can't go over a certain amount per tax year, which is woeful on my part that I can't remember what that is! It's going up in April anyway.

I use ISA's as you can get to the money whenever. Some people prefer Bonds as the rates are a bit better but your money is locked up in them.

I'm boring myself now so i'll stop.
Click to expand...

Bungle said:
£5640 max for cash isa until new tax year when it'll go up to £5,760. Whack it all in stocks and shares mate and you'll make billions, plus the limit on stocks and shares ISA is higher than a cash ISA, do it.
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I don't think I'll exceed that limit (wish it was a genuine concern that I might go over). I wont cave to your daredevil tactics I'm playing it safe...

Somali businessmen are trustworthy right?
 
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