Another member put me onto Flagstone, which lets me keep it the highest interest rate instant access accounts without having to actually keep opening accounts. It's all done through their dashboard.
very interesting, will check it out.. I think Hargreaves also runs a similar investment platform, but I find HL very inefficient and some outdated tech.
If you are looking for something north of 10% on your return I wouldn't bother. My Quilter ISA has returned 14% over the last 12 months, this is with a risk "Profile" of 7, there are higher and lower profiles. I also have a feeder account called a Collective Investment account with Quilter, I put money into it when my ISA allowance has been used up, It still returns the same but is subject to tax.
If you haven't maxed out your ISA for this year then make sure you use the £20K limit and stick it in the best one you can find. I think Trading212 do a cash ISA that is instant access and is giving over 5% just now but it's app only which might scare a few people off. If you're married then the wife will have a £20K limit as well so use that.
Yes 212 is probably the best cash ISA around. Paying 5.17% at the moment with interest paid daily. It's also a flexible one so you can pay back in anything you take out with out affecting your allowance for the year
That sounds promising, is it risk free ?
Nothing is risk free. and the higher the returns the more risk.
Standard FSCS up to 85k comp. He has 80.... And can only put 20 in this year . So yes as good as risk free as you could get, short of putting it under your mattress.
Is just a cash ISA, so you get the standard FSCS guarantees
Sorry, didnt notice it was an ISA, thought the chat was about stocks etc.
I took out an ISA with Saga.
Giving up a couple of hundred with the saga rates.
I'll see how it pans out for a week or so, then make a decision, to invest or just stick to the savings account.
The stock market has averaged about 10% return per year although also factor in inflation, that's average so, some years more and some a lot less even negative. I've got most of my long term savings in ETFs that track the world market and also another that just does the USA. Everything auto re invests. Emergency cash is in the 212 ISA.
Aye, rumours of a takeover always makes everyone sit up and take notice
i used to have DL long ago, but sold them when they put the my premiums up for no reason... and then they lagged the market. Should have brought them when I switched back to them from LV.
