What is a cast iron , 100% safe way to bank a large sum of cash , around £150k . Gaining interest would be 2nd
Jan 23, 2008 by daftjock2 | Posted in Personal Finance
precedence over safety . Things like Northern Rock and share price crashes have me running alarmed lol
If I were you, I would put the affluence into National Savings Income Bonds. They don't give the best interest rates, but they're safe and pay you an income every month. Currently you'd get about 5% crude, so annually you'd receive £7,500. In order to get the best of that, you can put that money into an ISA, or invest it in something that maybe moderately more iffy (according to your appetite for risk, of course) that will produce better returns. That way, your capital is 100% okay, but you can accumulate further wealth at higher rates.
This is how I personally would handle that amount of money:
National Savings receipts bonds. www.nsandi.com
I'd pay the interest into Zopa. This is arguably higher risk than an ordinary savings account, but gives much superiority returns. But Zopa allow you to adjust your risk, anyway, so personally I wouldn't have a problem with that. I'll talk more about it in a second.
I'd then opt not to reinvest the money in Zopa, but take an income from it. I'd then use the interest from Zopa to buy more NS Income Bonds, and hence increase my safe holdings, and my safe monthly proceeds. I'd then reinvest all the capital repayments received back into Zopa.
So every month I'm increasing the number of income bonds I jail, and also increasing my investment in Zopa. Your original capital would be guaranteed safe, and you'd be benefiting from the fantastic interest rates offered by Zopa.
Zopa is an online lending and borrowing securities exchange. It allows you to lend to individuals of good credit rating (so no sub-prime risk.) You choose your interest rates (I'm currently getting about 10% - much outdo than any savings account) and you keep all the interest, since with Zopa you cut out the banks. I've been using this for nearly a year now, and have had no problem with it. They also give special offers to their members, which procure their loyalty.
Apply via this link:
www.zopa.com/member/The%20Hulk
and if you lend out more than £500, you'll get a complimentary £30.
Expect this is helpful
PRyder2000 | Jan 23, 2008
corn
mannymota | Jan 23, 2008
the cast iron shore used to stand on the river mersey. seeking photos of same, from 1940's/80's?
Aug 22, 2006 by lilly | Posted in History
my author used to play there as a young lad (he was "king of the cazzie" to boot!!). Sited on the banks of the Mersey, around the Aigburth parade of Liverpool. If anyone can help, with a photo or info, I'll be eternally grateful.
In my searches I came up with a lot of references to the long story "Glass Onion" and a book (fiction) by Linda Grant.
But this seems like a really promising site http://www.toxteth.net/places/liverpool/history/shore/knotts%20break.htm
This is a post from Rootsweb mentioning the area
http://archiver.rootsweb.com/th/read/ENG-LIVERPOOL/2000-08/0966631237
I expectation this helps a little!
mountaingirl | Aug 22, 2006