WTF? 20 grand to blow...

[Trem]

How do you guys rate premium bonds? I've also got some spare cash lying about that I know could be more lucrative elsewhere, but i'm not batshit crazy to throw it into stocks and shares

I had the maximum amount a few years back, they were awesome when the interest rates were at 5%, got around £3000 a year in winnings but they are interest based so as soon as the rates dropped I won fuck all so withdrew my bonds.

Not a good investment while the rates stay so low, once again the sensible people get punished while the fuckwits are laughing

 

[Ch3tan]

Not a good investment while the rates stay so low, once again the sensible people get punished while the fuckwits are laughing

People say this, but it's wrong. If you are sensible and save when the rates are high, then when the rates are low you should take advantage and use your money as quickly as possible to offset your debts.

If you save and continue to try to save while the rates are low, then you are a fuckwit.

 

[Trem]

People say this, but it's wrong. If you are sensible and save when the rates are high, then when the rates are low you should take advantage and use your money as quickly as possible to offset your debts.

If you save and continue to try to save while the rates are low, then you are a fuckwit.

I have no debts though chum, I paid them all off and had some left over to save/invest with. I didn't want the risk of stocks so just chucked it into premium bonds.

Just wish I had bought gold when I thought about it a few years ago

 

[StRaNgEdAyS]

I'd buy gold.

 

[caLLous]

I wouldn't.. now. There's only so much the price can go up, surely.

If you had bought it off of Gordon Brown, you'd be laughing.

 

[Trem]

I wouldn't.. now. There's only so much the price can go up, surely.

If you had bought it off of Gordon Brown, you'd be laughing.

Ha! Aye, didn't the twat-eyed idiot sell about 30 tonnes of it for about the third of the price it is now?

Good old Labour.

 

[caLLous]

A third? Try nearly an 8th.

 

[Trem]

A third? Try nearly an 8th.

Fucking hell

Theres a guy at work who is Labour through and through, all this credit crunch stuff at the minute is absolutely nothing to do with Labour he says, its all "the Tories fault" he says, he also denies that Labour sold our gold. He will argue until he is blue in the face that its a lie.

He's a twat.

 

[ECA]

I wouldn't.. now. There's only so much the price can go up, surely.

If you had bought it off of Gordon Brown, you'd be laughing.

It's got room to go up a lot more.

Whenever there is quantitive easing, price goes up, inflation? price goes up, instability in large economies, price goes up.

Is a bubble going to develop in gold, yes, but all the fundamental reasons to buy are still there right now and will be for the next decade.

Of course, you have to know when to jump ship ahead of the crash.

 

[yaruar]

A mate has just bought solar panels for his house. He says it's the best finanical investment he's ever likely to make..

Why is it such a good investment, from trems figures over 25 years you will make 15,000 profit on a 10,000 investment.

That's the equivalent of 3.75 pa return unless you can sell the solar panels back at the end for the 10,000...

Or am I missing something!

 

[yaruar]

I'd buy gold.

The bubble will burst eventually though, no commodity price growth can continue at the rate gold has gone.

 

[StRaNgEdAyS]

Why is it such a good investment, from trems figures over 25 years you will make 15,000 profit on a 10,000 investment.

That's the equivalent of 3.75 pa return unless you can sell the solar panels back at the end for the 10,000...

Or am I missing something!

It's hard to drive down any street over here now without seeing a lot of solar panels.
We just had an 18% increase in the price per kwH for electricity.
Our power bills run into over $1100 (£710) per quarter. At that rate it's a less than 20 year investment to get a full return on a fully self sufficient system that will back feed to the grid to earn money in the summer months.

 

[Trem]

Why is it such a good investment, from trems figures over 25 years you will make 15,000 profit on a 10,000 investment.

That's the equivalent of 3.75 pa return unless you can sell the solar panels back at the end for the 10,000...

Or am I missing something!

3.75 pa is a shitload better than the rates I would get if I saved the money in the bank.

Plus the savings on my bills would bump that figure up as well.

 

[throdgrain]

Fucking hell

Theres a guy at work who is Labour through and through, all this credit crunch stuff at the minute is absolutely nothing to do with Labour he says, its all "the Tories fault" he says, he also denies that Labour sold our gold. He will argue until he is blue in the face that its a lie.

He's a twat.

lmfao

 

[old.user4556]

The bubble will burst eventually though, no commodity price growth can continue at the rate gold has gone.

This was discussed on another thread somewhere, I'll see if i can root it out.

 

[Lamp]

Scouse, rather than chuck everything into a single share, have you thought about a basket of shares?

 

[Trem]

Scouse, rather than chuck everything into a single share, have you thought about a basket of shares?

OR...

...share a basket?

 

[Wazzerphuk]

He can have some spoils from my AIDS basket if he wants.

 

[TdC]

"basket sharer". sounds dodgy.

 

[old.Tohtori]

OR...

...share a basket?

I'm thinking basket shares.

PEople always need baskets and after 2012, the basket industry will explode when people need stuff to carry rocks and ammo in.

 

[Kahland]

I entered this thread because i thought it was a question asking if you'd blow one for 20 grand.

 

[old.Tohtori]

I entered this thread because i thought it was a question asking if you'd blow one for 20 grand.

Well...would you?

 

[Kahland]

Well...would you?

Ofc, i was looking for the yes button.

 

[old.Tohtori]

Think i would too. Might get called gay for it, but i'd be a rich gay

 

[Lamp]

...rich...

20K?!

at least start at 200K & work upwards from there

 

[old.Tohtori]

20K?!

at least start at 200K & work upwards from there

Screw that, 20k is plenty rich

 

[caLLous]

It really isn't. For doing something like that. :\

 

[old.Tohtori]

Well, depends on the person really. 20k for someone who ahs no needs for cars, houses, etc, 20k is a good load of money to dillydally around.

And yes, the word load is a pun

 

[Kahland]

Well, depends on the person really. 20k for someone who ahs no needs for cars, houses, etc, 20k is a good load of money to dillydally around.

And yes, the word load is a pun

Yes, you could blow one guy, get blown a 1000 times by various whores.

Worth it, imo!

 

[old.Tohtori]

Yes, you could blow one guy, get blown a 1000 times by various whores.

Worth it, imo!

The man knows the value of riches