Anybody know anything about fixed term investments

Discussion in 'General Chat' started by ONEDUNME, Oct 9, 2017.

  1. ONEDUNME

    ONEDUNME Administrator

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    Just a thought. I'm looking at options of either putting away a fixed amount every month for 5 or 10 years or maybe putting a lump sum away for the same period but a quick look around is showing less than 2.5% return. Fuck that for a lark - I can get better returns backing the first favorite of the day every day :lol

    I don't need too many details of your financial circumstances but if anyone has any general pointers (and you can pm me if you don't feel comfortable posting in an open thread) I'd be grateful for any advice.
  2. Seen

    Seen Moderator

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    Funnily enough I looked at this a couple of weeks ago and was also disappointed in the potential rewards, especially considering the strict rules you have to adhere to. Admittedly I didn't spend an age looking around.
  3. slick

    slick Administrator

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    Where's Nick Wilmore when you need him lol.
  4. slick

    slick Administrator

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    Have you looked at Bitcoins?

    I've been meaning to look at them for a few years now but never got round to it, wish I did though because they are now worth a fortune and still rising.
  5. ONEDUNME

    ONEDUNME Administrator

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    9,598
    Same here. It would bug me knowing I've missed the boat though
  6. Punter

    Punter Moderator

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    I tried Premium bonds for 2yrs. No good really but with the current interest rates nothing lost.
    Property seems to be the only place to make money these days. Either for doing up and selling or just for collecting rent.
    I'm sticking to the first favourite of the day though lol
  7. ONEDUNME

    ONEDUNME Administrator

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    Good idea for a thread that. im going to see if i can get 10% return on a mythical £1000 starting today
    Punter likes this.
  8. winrew

    winrew GILF

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    You could increase your pension contributions, along with my company contribution as well as my own I have 23% of my salary going in , it's making decent interest year on year and when you are 55 or over you can take 25% of the total tax free.
    slick and Punter like this.
  9. slick

    slick Administrator

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    How time flies, when we first started posting in what seems like yesterday, we used to talk about shagging, beer and porn. Now it's Investments, pensions and retiring:lol
    Jezza likes this.
  10. Punter

    Punter Moderator

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    :lol
  11. ONEDUNME

    ONEDUNME Administrator

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    :roll

    Aye, time is moving on alright Slick. Although it's never too early to make plans for what you're gonna be getting when you hand your clocking in card for the last time, it's something you never ever think about until people around your age start keeling over:frown


    Winrew - funnily enough I happened to be out with a bloke who I used to work with the other week and another guy mentioned AVCs (additional voluntary contributions I think) and the HR bloke was warning him that, although they can be good, you need to be very careful with them because everyone has a limit on how much their pension can grow. It can all look good while you're putting in (he was saying) but you could end up losing out because you lose a great lump in tax if you hit this limit that he was talking about.

    Coincidentally, realised about two months ago that I hadn't notified by former employer of my change of address (about ten fucking years ago:lol) so I wrote off to let them know and, just for a laugh, I asked them for projections of what it might be worth. They wrote back and said that they could give me the info but first I had to inform them if I had any other pension scheme's because they had a duty to inform me if my pension was likely to reach a certain limit when combined (presumably, the same kind of limit that the HR guy in the pub was on about).

    You're a switched on bloke and you probably know all of that stuff inside out but, if you don't know what I'm on about, it might be worth getting someone to look into it (you'll no doubt get free advice on that sort of stuff through your union).
  12. Punter

    Punter Moderator

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    I've 4 pensions without having much in any of them. 8yrs was the longest i paid into one and that was the first 8yrs of my working career. Is it true you can take part of them out at 55? If that is the case, i'm taking what i can from the weaker 3.

    Talking of getting on a bit. How many of these can you remember and what was the year?...

    Capture.PNG
  13. ONEDUNME

    ONEDUNME Administrator

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    I'd go for 1977. im a bit bleary wyes cos i juat woke up but two songs iyjat jump out at nw that i played to death are Black Betty (fucking lives that record) and, believe it or not Needles and Pins (must have had an unrequited crush at the tine lol)

    ill look through the reat later tonight
  14. Seen

    Seen Moderator

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    1977 a good guess, ODM, although I thought The Stranglers' No More Heroes was a year or two later than that - Golden Brown was 1980 or 1981 I would guess. I started getting in to music when I was about 10 in 1980 and most of these singers/groups were before my time so I'll go for 1978.
  15. ONEDUNME

    ONEDUNME Administrator

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    78 was my first thought Seen so you're probably right but i redjusted my thoughts based on the fact that a lot of these records remind me of certain places but of course some of those memories might have been several years after they'd been in the charts.

    More worrying is the fact that i dont even recognise some of those listed at all
  16. Punter

    Punter Moderator

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    It was indeed 1977. My first year at secondary school, or year 7 as it's called these days.

    I can remember about 15 just by the title but i'm sure i'd probably remember most of them if i heard them.
  17. slick

    slick Administrator

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    Some cracking songs in there Punt, I know about 90% of them, show me todays charts and I probably don't know any of them.
    My mam used to love David Soul and used to hammer 'Silver Lady' non stop on the Stereogram lol, remember them?
    If I'm not mistaken 'Black Bean soup' was the B side, I know the words to both off by heart because I heard them that much.

    My first year at secondary school was '76' so not much between us.

    I've only got the one pension but I've been in it since I was 19, it's the old 'Superanuation' one, so I pretty much fell on my feet with that, even with all the changes these last few yrs it's still a pretty good pay out should I live to see it.

    certain pensions you can start collecting at 55 Punt but you want to read the small print because you will get a reduced amount but in some pensions like mine you won't get deductions for VS or redundancy, if so it might be worth waiting for a round of job cuts.
  18. ONEDUNME

    ONEDUNME Administrator

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    nah b side of silver lady was something river or something slick
  19. slick

    slick Administrator

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    Maybe but it was definitely a B side on another hit he had then that I can't think of, let me go look.................
  20. slick

    slick Administrator

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    It was the B side to 'Don't give up on us baby' that's the one she was always playing, I know the words to them all lol because she was David Soul mad (after Elvis that is), it's that long ago it's easy to get confused:eek:

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