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
superiority over safety . Things like Northern Rock and share price crashes have me running terrified lol
If I were you, I would put the folding money 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% heavy, 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 touchy (according to your appetite for risk, of course) that will produce better returns. That way, your capital is 100% justifiable, 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 advance 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 sound monthly income. I'd then reinvest all the capital repayments received back into Zopa.
So every month I'm increasing the loads of income bonds I hold, and also increasing my investment in Zopa. Your original capital would be guaranteed true, and you'd be benefiting from the fantastic interest rates offered by Zopa.
Zopa is an online lending and borrowing the Market. 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 wagerer 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 immovable 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.
Confidence this is helpful
PRyder2000 | Jan 23, 2008
corn
mannymota | Jan 23, 2008
Can you please give me advice on woodcutting on runescape? Like levels to move on to different trees?
May 07, 2009 by George B | Posted in Video & Online Games
Could big gun help me on runescape please? I am level 3 and have got iron axe and steel in bank and need some advice on woodcutting !
i will have two parts to this plea.
part 1: quick xp
from level 1-15 cut normal trees you will need to chop down 97 common trees this is about 2.5k when sold.
from level 15-30 cut oaks you will need to chop down 292 oak logs this is about 7k so you have nearing made 10k
from level 30-99 cut willows you will need to chop 192905 willow logs, if you sell for 18 gp each this is 3472290gp so 3.4m.
part two: gelt
from level 1-15 cut normal logs. this is work 2.5k
from level 15-60 cut oaks. this is advantage 173k
from level 60-99 cut yews. this is 72919 yew logs so this is worth 31719765 so all up 31895265gp. so 31.8m
helpful person | May 10, 2009