Ideas for 10000 please

aerosol

Hi, I want to split some savings up(not all eggs in 1 basket type thing)

Currently have a wad in post office on good rate on a 30 day notice account,I plan to leave some here,some to my Lloyds acc in the UK and have 10grand to lodge elsewhere.

I need it to be an easy access type acc with half decent interest!Would really like this to be secure ,as in not guanteed by a mickeymouse goverment who I'd be fearfull of being able to guantee anything.

Any ideas would be much appreciated(BTW I've a UK paasport so can deposit there...):)Ta

WildBoots

aerosol wrote: »

Hi, I want to split some savings up(not all eggs in 1 basket type thing)

Currently have a wad in post office on good rate on a 30 day notice account,I plan to leave some here,some to my Lloyds acc in the UK and have 10grand to lodge elsewhere.

I need it to be an easy access type acc with half decent interest!Would really like this to be secure ,as in not guanteed by a mickeymouse goverment who I'd be fearfull of being able to guantee anything.

Any ideas would be much appreciated(BTW I've a UK paasport so can deposit there...):)Ta

Do you mean you just want to put the 10k into different bank accounts?

arrowloopboy

You could drink, ride,and gamble nine and a half grand of it ,and just blow the rest of it:D:D:D;)

Sols12

WildBoots wrote: »

Do you mean you just want to put the 10k into different bank accounts?

When you get past all the waffle about how much money he/she has I'm pretty sure thats what he/she is trying to say....

aerosol

arrowloopboy wrote: »

You could drink, ride,and gamble nine and a half grand of it ,and just blow the rest of it:D:D:D;)

creeper1

I have very little faith in Sterling. It's a fundamentally flawed currency. Euros held in Ireland are even worse however (Ireland will come out of the euro next year) so if I were you I would look at stocks in the FTSE.

Be careful what you invest in but stocks are better than cash. The saying goes - cash is trash. That's because goverments create inflation by printing money. The BOE has been printing money like there is no tomorrow. Shares and gold protect you from this criminal manouvre that central banks pull.

Mr_Roger_Bongos

creeper1 wrote: »

I have very little faith in Sterling. It's a fundamentally flawed currency.

The saying goes - cash is trash

I thought the saying was cash is king!?

Why do you think sterling is fundamentally flawed?

creeper1

Here is the info concerning Sterling.

http://www.youtube.com/watch?v=XbLfje8_jgI

Euros in Ireland are worse however. Ireland will come out of the euro.

jethrothe2nd

Euros in Ireland are worse however. Ireland will come out of the euro.[/QUOTE]


You are basing this statement on what?

digitally-yours

creeper1 wrote: »

Here is the info concerning Sterling.

http://www.youtube.com/watch?v=XbLfje8_jgI

Euros in Ireland are worse however. Ireland will come out of the euro.

I seriously doubt Ireland will come out of euro ... that will set a precedent and the implications will be massive.

I still believe sterling to be the strongest currency in 2011

http://www.telegraph.co.uk/finance/currency/8192550/Sterling-will-be-strongest-major-currency-in-2011-says-Barclays.html

I would suggest you to study fundamentals ... at the end of the day they are all paper currencies and worth paper ... on broad fundamentals currently Sterling is my pick as soon as the Interest rates in UK go up Bingo !

but that's what we have to play with and where I sit there are still plenty of opportunities to make money

WildBoots

digitally-yours wrote: »

I seriously doubt Ireland will come out of euro ... that will set a precedent and the implications will be massive.

Stranger things have happened...

http://www.reuters.com/article/idUSTRE6BU0QI20101231

digitally-yours

WildBoots wrote: »

Stranger things have happened...

http://www.reuters.com/article/idUSTRE6BU0QI20101231

there is always a possibility for everything and anything...
when and if it goes down there is tons of money to be made

for disclosure I am holding some Euro and rest are in sterling & polish zloty(via stocks).
No metals.

cgarrad

Head over to Harrods and buy 5k gold, 5k silver and bury them somewhere.

Seriously.

digitally-yours

reason I am not in metals is because the following link.If I find a decent entry I will take a position but currently its at the OB stage in my opinion.

http://www.youtube.com/watch?v=-1NApLuuqrM&feature=player_embedded

cgarrad

Completely agree with you but gold has a floor thanks to Chinese buying and the upside of silver outweigh the downside risk.

Also as this thread contains the scenario of the collapse of currencies there is room for alternate stores of wealth as he says in his first line

poodles

creeper1 wrote: »

Here is the info concerning Sterling.

http://www.youtube.com/watch?v=XbLfje8_jgI

Euros in Ireland are worse however. Ireland will come out of the euro.

North Sea oil is drying up? Complete b0llix.