How much interest would £100000 make??
16 January 2007, 06:38 PM
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How much interest would £100000 make??
Just out of curiosity, does anybody know how much interest £100000 would make in a month / year?
I know there are many high interest accounts out there, but I just want a rough ballpark figure.
I know there are many high interest accounts out there, but I just want a rough ballpark figure.
House
16 January 2007, 06:56 PM
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16 January 2007, 07:57 PM
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I cant see the problem with what Mark said .......... Look back over the last 25 years and more and the trend is always the same UP. Yeah prices crashed in the 80's, how long did it last for? 5 Years, that's how long, I went from negative equity to good positive equity pretty quickly.
Every year I hear the same thing, prices can't continue to rise and what happens? They go up ...........
Every year I hear the same thing, prices can't continue to rise and what happens? They go up ...........
16 January 2007, 07:59 PM
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I sold a house in Hampshire five years ago. It sold again last year - for exactly the same amount!
And in the six years before that it went up by 130% so you have to time it just right.
Rannoch
And in the six years before that it went up by 130% so you have to time it just right.
Rannoch
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16 January 2007, 08:37 PM
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Having equity in a house is not the same as having liquid assests in the bank. The "profit" made on a house can only be realised when the property is sold.
In response to the OP, you should be looking to get anywhere between 4% and 6% depending on where you put it, with no risk, and how long you are willing to leave it there.
If you have an appetite for risk, you could obviously earn vast sums with that, assuming everything went according to plan, and you understood the word RISK!
With a decent financial guru, you could realisticly expect to get 7% - 10% with a moderately low amount of risk over a year.
To avoid paying tax, lump it all various commodities and FTSE 100 companies on IG Index - Financial Spread Betting and keep your fingers crossed!
In response to the OP, you should be looking to get anywhere between 4% and 6% depending on where you put it, with no risk, and how long you are willing to leave it there.
If you have an appetite for risk, you could obviously earn vast sums with that, assuming everything went according to plan, and you understood the word RISK!
With a decent financial guru, you could realisticly expect to get 7% - 10% with a moderately low amount of risk over a year.
To avoid paying tax, lump it all various commodities and FTSE 100 companies on IG Index - Financial Spread Betting and keep your fingers crossed!
16 January 2007, 09:24 PM
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One-day people will realise that the UK is only 26% populated therefore there is 74% Greenland we hardly live in Hong Kong or Monaco where they're physically isn't any more space.
It's a fallacy created by the government that there is an any more land left in the UK therefore house prices will was go up....
Just look at Google Earth and see how much green there is. The only safe place for your money these days is gold at least that is a valuable commodity
Buy a £100,000 worth of gold you will make a fortune.
You could also look like Mr T.
It's a fallacy created by the government that there is an any more land left in the UK therefore house prices will was go up....
Just look at Google Earth and see how much green there is. The only safe place for your money these days is gold at least that is a valuable commodity
Buy a £100,000 worth of gold you will make a fortune.
You could also look like Mr T.
16 January 2007, 09:34 PM
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The UK is one of the more densely populated countries of the world - especially England. It is lot more densely populated than India or China for example and there are 2.2 billion of them.
This does create upward pressure on house prices over time as planners (local and central) are reluctant to expand planning zones. There are however a lot of brownfield sites to exploit.
Gold is a variable investment. The price today is still significantly below the peak of the 70s. Also since the Isreali war last year the gold price has been channeling and the price moribund. Peak price for gold is September in the pre-Christmas rush for raw material.
This does create upward pressure on house prices over time as planners (local and central) are reluctant to expand planning zones. There are however a lot of brownfield sites to exploit.
Gold is a variable investment. The price today is still significantly below the peak of the 70s. Also since the Isreali war last year the gold price has been channeling and the price moribund. Peak price for gold is September in the pre-Christmas rush for raw material.
03 January 2008, 12:01 PM
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I will then! Have done very well over the last few days. Shorted Kingfisher group and before Christmas, shorted GBP/CHF in the new year, and have been long on gold for several months.
Anyway, £100k will make just over £6k p/a gross currently in a high interest account. It's probably worth going for a fixed term bond for a year or two as rates will almost certainly start coming down. e.g. Fixed Rate Bond, Savings Account UK, Investments, Deposit Accounts, High Interest Savings Account - Anglo Irish Bank
Anyway, £100k will make just over £6k p/a gross currently in a high interest account. It's probably worth going for a fixed term bond for a year or two as rates will almost certainly start coming down. e.g. Fixed Rate Bond, Savings Account UK, Investments, Deposit Accounts, High Interest Savings Account - Anglo Irish Bank
03 January 2008, 12:01 PM
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£100k would make you about £6300/year in a variable rate instant access savings account or about £7000/year in a 1year fixed rate.
You pay tax on the interest however, but if you went for NSI index-linked bonds you'd get the best part of £6000/year tax free.
03 January 2008, 12:18 PM
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03 January 2008, 01:30 PM
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Speak to a proper financial advisor. You should get 10% or so but riskier. 20% possible but riskier still. 100,000 lottery tickets even more risky but the gains 
It all depends on how safe you want to play it.
Spread the cash around.
£10k (or whatever the max is) into an ISA.
£30k in low/medium risk shares
£30k in best high interest account
£10k in higher risk shares
£10k in premium bonds
£10k to me.
Doesn't have to be these figures, but you get the general idea.
It all depends on how safe you want to play it.
Spread the cash around.
£10k (or whatever the max is) into an ISA.
£30k in low/medium risk shares
£30k in best high interest account
£10k in higher risk shares
£10k in premium bonds
£10k to me.
Doesn't have to be these figures, but you get the general idea.
03 January 2008, 04:43 PM
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He said buy gold if you have 100k to invest, this was back in Jan 07, Gold was around 20,000$ / kg then. One year on it's around 28,000 $ /kg, so if the op had invested in it he'd have made around £40,000 in 12 months
03 January 2008, 05:33 PM
#21
One-day people will realise that the UK is only 26% populated therefore there is 74% Greenland we hardly live in Hong Kong or Monaco where they're physically isn't any more space.
It's a fallacy created by the government that there is an any more land left in the UK therefore house prices will was go up....
Just look at Google Earth and see how much green there is. The only safe place for your money these days is gold at least that is a valuable commodity
Buy a £100,000 worth of gold you will make a fortune.
You could also look like Mr T.
It's a fallacy created by the government that there is an any more land left in the UK therefore house prices will was go up....
Just look at Google Earth and see how much green there is. The only safe place for your money these days is gold at least that is a valuable commodity
Buy a £100,000 worth of gold you will make a fortune.
You could also look like Mr T.
Gordon brown wouldn't agree thats why he sold off most our gold reserves...
and lost billions
03 January 2008, 10:10 PM
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03 January 2008, 11:10 PM
#23
http://www.dailyreckoning.com.au/gordon-brown/2007/04/17/
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