2006-07-17 07:32:37 · 13 answers · asked by jalopy6080 2 in Business & Finance ➔ Investing
www.moneysupermarket.com is great for all financial info...and will give you a quick Top 10 and comparison...... since discovering it a couple of months ago, it has literally saved me £100's
....and - no - I'm not employed by them !!
2006-07-17 08:04:41 · answer #1 · answered by Snert 1 · 0⤊ 1⤋
One year? And how much are we talking, a mill, ten, fifty? The truth is even with Barclays, now offering 10% for a year, you have to deduct income tax on the interest, leaving you effectively with 8%. Balance this with a rise in inflation of some 3 or 4% in the year, and you've made 4 or 5%. Not exactly a fortune. Do you have any outstanding credit, at all? If you have a credit card on which you are paying just 10%, and your savings are only making 5%, it's easy to see that you should be getting yourself absolutely debt-free first.
2006-07-17 08:36:36 · answer #2 · answered by Anonymous · 0⤊ 0⤋
Portman Building Society 8%
2006-07-17 07:48:46 · answer #3 · answered by Star 2 · 0⤊ 0⤋
I keep telling people this in this thread and everyone thinks it's a con but it isnt.
If you have £3,000 in a high interest account it will make you about £150 by the end of the year.
4% is a joke.
I paid for a Maxnet subscription in January at £1,195 set up a trading bank with my £3,000 and to date I have made £1,645 and there are still 6 months left this year. My subscription cost is covered and I am in profit by more than the interest would be.
I expect that my total cost of £4,195 will make me a clear profit of at least £3,000 this year. AND ITS TAX FREE
www.maxnetreturns.com
2006-07-17 09:26:38 · answer #4 · answered by Anonymous · 0⤊ 0⤋
Manchester Building Soc., Premier 90 a/c, 5.06%, 90 days notice.
2006-07-19 08:04:10 · answer #5 · answered by Anonymous · 1⤊ 0⤋
It changes almost daily. Look at the Sunday Times business section.
2006-07-18 10:31:12 · answer #6 · answered by Veritas 7 · 0⤊ 0⤋
Real estate. there are too many foreign hackers out there trying to crash the banking systems. A bunch of my money is missing !
2006-07-17 07:41:56 · answer #7 · answered by Anonymous · 0⤊ 0⤋
ING offers some great rates, about 4% i believe.
2006-07-17 07:35:47 · answer #8 · answered by yesmynameismud 3 · 0⤊ 0⤋
Hi Barclays is quite good
2006-07-17 07:37:26 · answer #9 · answered by Anonymous · 0⤊ 0⤋
shop around for a good CD..I think they are your best bet for a short term investment
2006-07-18 18:20:13 · answer #10 · answered by T 2 · 0⤊ 0⤋