- Joined
- 22 Aug 2006
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I'm hoping/expecting that now we all more or less know where the interest rates in US/EU/Japan are going, things will settle down again.
I haven't been in the game long enough to learn to use FX variations. A 5% move was a bit of a surprise.
We're both mad though, doing that. I mean, 4.85% is bonkers.
I guess I'm promoting Hargreaves L, though their fees are a bit high. They have a lot of positives, though. They have "Actives Savings" which is ok for easy access, then the range of platforms. I have a lot of ISA there. They have a non ISA invest account which I imagine is the same apart from the ISA cover. You can pick stocks and etfs. £12 to trade is enough to make you be sure it's right...
I've shown this before. Blue line is money market where you'll get about the same as a bldg soc (5.2% currently) and the orange a corporate bond.
You can look in their ETF screener to find things like that.
It's surprising how reticent we all are to use something like that. One chap I told, who has significant amounts in bldg socs, objected that he'd have to buy at the top, because he'd been told he should buy only on a dip. Saints preserve us...
I said "well if you have 500k in it, which you could (he could) you'd have 600k by Christmas". I had exaggerated on purpose. "Oh no it would only be about 550k", he said. Me "Yes you're right, you would expect around 550k". He was happy that he'd been right. so I said "compared with 520k in your building society". Pause. 30k more, then. He said he'd look at it. Sigh.
6 months: 12 months makes the lines too feint. You can use this charting - no need to log in.
You can see whay, as I said, I've been using Real Estate (yellow) for a while.
Spy Brown might come back, we'll see.
India's election was June, I panicked and sold but am back in now.
Being a general account you can have stocks or ETFs in there.
Here's exactly the same chart but with NVD3 added for the last week.
I haven't been in the game long enough to learn to use FX variations. A 5% move was a bit of a surprise.
NOt in the way I meant. I have some in there too, in a current account which pays interest, and a fixed term thing. They're a nice traditional Co with people who speak English and good rates. (Bit worrying though when they got caught with delinquent car loans).My savings are in a Chase saver at 4.85%. Is that a savings platform?
We're both mad though, doing that. I mean, 4.85% is bonkers.
I guess I'm promoting Hargreaves L, though their fees are a bit high. They have a lot of positives, though. They have "Actives Savings" which is ok for easy access, then the range of platforms. I have a lot of ISA there. They have a non ISA invest account which I imagine is the same apart from the ISA cover. You can pick stocks and etfs. £12 to trade is enough to make you be sure it's right...
I've shown this before. Blue line is money market where you'll get about the same as a bldg soc (5.2% currently) and the orange a corporate bond.
You can look in their ETF screener to find things like that.
It's surprising how reticent we all are to use something like that. One chap I told, who has significant amounts in bldg socs, objected that he'd have to buy at the top, because he'd been told he should buy only on a dip. Saints preserve us...
I said "well if you have 500k in it, which you could (he could) you'd have 600k by Christmas". I had exaggerated on purpose. "Oh no it would only be about 550k", he said. Me "Yes you're right, you would expect around 550k". He was happy that he'd been right. so I said "compared with 520k in your building society". Pause. 30k more, then. He said he'd look at it. Sigh.
6 months: 12 months makes the lines too feint. You can use this charting - no need to log in.
You can see whay, as I said, I've been using Real Estate (yellow) for a while.
Spy Brown might come back, we'll see.
India's election was June, I panicked and sold but am back in now.
Being a general account you can have stocks or ETFs in there.
Here's exactly the same chart but with NVD3 added for the last week.