where to put my money?
15 August 2007, 12:57 PM
#1
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where to put my money?
was thinking of taking my money out of a mini cash isa cos basically the banks are crap lol was thinking of putting it into this:
Cheltenham and Gloucester - Fixed Rate Bonds
good idea?
Cheltenham and Gloucester - Fixed Rate Bonds
good idea?
15 August 2007, 02:59 PM
#7
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First response would be why take your money out of a tax free environment into a taxable environment?
C&G FR bond = 5.2% net
NS&I Cash ISA = 6.3& tax free
Plus if its a bond you probably need notice in order to get the money in a hurry and they'll certainly punish you for taking it out before the end of the term/notice period.
C&G FR bond = 5.2% net
NS&I Cash ISA = 6.3& tax free
Plus if its a bond you probably need notice in order to get the money in a hurry and they'll certainly punish you for taking it out before the end of the term/notice period.
Last edited by EddScott; 15 August 2007 at 03:01 PM.
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