travolta
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Post by travolta on Nov 25, 2020 17:23:53 GMT
I pulled mine our about a month ago. Still have max Premium Bonds ,but I'm not sure where they are going.
I tried HGL savings ,but they are gradually slipping down. Perhaps a little property somewhere close to home...but eveyone is moving out to the countryside these days.
At this rate I'll only be able to afford a glamping pod(yuck).
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Post by bracknellboy on Nov 25, 2020 17:50:11 GMT
I pulled mine our about a month ago. Still have max Premium Bonds ,but I'm not sure where they are going. I tried HGL savings ,but they are gradually slipping down. Perhaps a little property somewhere close to home...but eveyone is moving out to the countryside these days. At this rate I'll only be able to afford a glamping pod(yuck).Yes, but just think how much you can charge those middle class southern softies to stay in it.
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adrianc
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Post by adrianc on Nov 25, 2020 18:10:03 GMT
The saddest and most frightening aspect of this decision is the clear indication (yet again) of the level of business/commercial acumen possessed by those in Government & Quasi-Government. There isn't any, they don't have a clue, most have never worked in the private sector. The experiment failed in the USA, but I often wonder how we'd fare with Alan Sugar as PM? (Or anyone of similar ilk) 'twould be interesting, wouldn't it?  From www.rishisunak.com/about-meI have been fortunate to enjoy a successful business career. I co-founded a large investment firm, working with companies from Silicon Valley to Bangalore. Then I used that experience to help small and entrepreneurial British companies grow successfully. From working in my mum’s tiny chemist shop to my experience building large businesses, I have seen first-hand how politicians should support free enterprise and innovation to ensure our future prosperity. Quite. Whatever else you may wish to say about the current mob, most of them made quite a bit of money through successful careers in The Real World prior to parliament. Even those that have been around the Westminster Bubble since uni have mostly come from entrepreneurial families. Obvs the usual selection of journos and lawyers, as well as city number-jugglers like Sunak - but several of them founded and built "proper" businesses which they went on to sell for 7 or 8 figure sums.
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ozboy
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Mine's a Large One! (Snigger, snigger .......)
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Post by ozboy on Nov 26, 2020 15:50:12 GMT
The saddest and most frightening aspect of this decision is the clear indication (yet again) of the level of business/commercial acumen possessed by those in Government & Quasi-Government. There isn't any, they don't have a clue, most have never worked in the private sector. The experiment failed in the USA, but I often wonder how we'd fare with Alan Sugar as PM? (Or anyone of similar ilk) 'twould be interesting, wouldn't it? From www.rishisunak.com/about-meI have been fortunate to enjoy a successful business career. I co-founded a large investment firm, working with companies from Silicon Valley to Bangalore. Then I used that experience to help small and entrepreneurial British companies grow successfully. From working in my mum’s tiny chemist shop to my experience building large businesses, I have seen first-hand how politicians should support free enterprise and innovation to ensure our future prosperity. I stand corrected! 😁
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Post by bracknellboy on Nov 26, 2020 16:36:11 GMT
The saddest and most frightening aspect of this decision is the clear indication (yet again) of the level of business/commercial acumen possessed by those in Government & Quasi-Government. There isn't any, they don't have a clue, most have never worked in the private sector. The experiment failed in the USA, but I often wonder how we'd fare with Alan Sugar as PM? (Or anyone of similar ilk) 'twould be interesting, wouldn't it? From www.rishisunak.com/about-meI have been fortunate to enjoy a successful business career. I co-founded a large investment firm, working with companies from Silicon Valley to Bangalore. Then I used that experience to help small and entrepreneurial British companies grow successfully. From working in my mum’s tiny chemist shop to my experience building large businesses, I have seen first-hand how politicians should support free enterprise and innovation to ensure our future prosperity. i was really impressed by this. Its taken me a while to realise you were quoting from teh linked article and not giving your own bio. I'm now deeply disappointed. Still, I'm sure your back history is more impressive then dishi rishi's
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Post by Deleted on Nov 26, 2020 16:36:24 GMT
A lot of people will have taken their eyes off the ball and will leave their bucket of money in their for zero interest. I suspect there was a bit of acumen involved, by being the last man standing above 1% they sucked a lot of people in. As others have said the difference between 1% and 0% when tax is 3?% is really nowt.
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littleoldlady
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Running down all platforms due to age
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Post by littleoldlady on Nov 26, 2020 20:30:16 GMT
The saddest and most frightening aspect of this decision is the clear indication (yet again) of the level of business/commercial acumen possessed by those in Government & Quasi-Government. There isn't any, they don't have a clue, most have never worked in the private sector. The experiment failed in the USA, but I often wonder how we'd fare with Alan Sugar as PM? (Or anyone of similar ilk) 'twould be interesting, wouldn't it? Yes it was a colossal failure in PR terms due to Trump's eccentric and rather unpleasant personality. However in terms of policy we are already seeing a definite anti-Britishness displayed in "Obama's third term" and I fear it will not be long before we in this country wish we had Trump back. I hope I'm wrong but the early signs are not hopeful.
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ozboy
Member of DD Central
Mine's a Large One! (Snigger, snigger .......)
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Post by ozboy on Nov 26, 2020 22:00:45 GMT
Biden apparently has no great liking for the UK, he's inordinately "proud of his Irish roots." Nothing wrong with that of course, but if it sub/consciously skews his decisions, " We have a problem Houston!"  |
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Post by carol167 on Nov 27, 2020 9:08:15 GMT
Just a reminder. NS&I Income Bonds down to 0.01% today. And it was surprisingly quick & easy to transfer my entire wedge out today. Thanks NS&I! (Marcus Bank, for the time being, if you must know.  ) I take it you closed the account then since unless you keep £500 in it closes automatically. I can't decide whether to take the last 500 out or not. Presumably we will still be able to access tax statements come April.
Hmm... To close or not to close, that is the question...
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cb25
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Post by cb25 on Nov 27, 2020 10:28:14 GMT
And it was surprisingly quick & easy to transfer my entire wedge out today. Thanks NS&I! (Marcus Bank, for the time being, if you must know. ) I take it you closed the account then since unless you keep £500 in it closes automatically. I can't decide whether to take the last 500 out or not. Presumably we will still be able to access tax statements come April.
Hmm... To close or not to close, that is the question...
I closed my NS&I Income Bonds account recently and i) you get a closing statement that includes 'Tax information for the 2020/21 tax year' and ii) I can still access the account despite it holding £0.
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Post by carol167 on Nov 27, 2020 10:35:06 GMT
I take it you closed the account then since unless you keep £500 in it closes automatically. I can't decide whether to take the last 500 out or not. Presumably we will still be able to access tax statements come April.
Hmm... To close or not to close, that is the question...
I closed my NS&I Income Bonds account recently and i) you get a closing statement that includes 'Tax information for the 2020/21 tax year' and ii) I can still access the account despite it holding £0. Oh brilliant - muchas gracias. I shall close it then.
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ozboy
Member of DD Central
Mine's a Large One! (Snigger, snigger .......)
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Likes: 4,859
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Post by ozboy on Nov 27, 2020 11:37:55 GMT
And it was surprisingly quick & easy to transfer my entire wedge out today. Thanks NS&I! (Marcus Bank, for the time being, if you must know. ) I take it you closed the account then since unless you keep £500 in it closes automatically. I can't decide whether to take the last 500 out or not. Presumably we will still be able to access tax statements come April.
Hmm... To close or not to close, that is the question...
Closed it completely carol167, I don't see rates improving anytime soon nor any advantage in keeping it open, but wot do I know?!! 😁
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Post by carol167 on Nov 27, 2020 13:16:05 GMT
I take it you closed the account then since unless you keep £500 in it closes automatically. I can't decide whether to take the last 500 out or not. Presumably we will still be able to access tax statements come April.
Hmm... To close or not to close, that is the question...
Closed it completely carol167 , I don't see rates improving anytime soon nor any advantage in keeping it open, but wot do I know?!! 😁 I too have closed it now. You are right - no advantage to keeping it open. I can always open another one at a later date.
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Post by Badly Drawn Stickman on Nov 30, 2020 22:00:56 GMT
I really must stop writing myself cryptic notes which have no meaning a few weeks later.
I have the TSB account as dead in the water after today, I have salvaged all the useful 'scrap parts - few direct debits in this case'.
Given I am far from short of accounts to transfer if a paid chance occurs at some point, can anybody think of a good reason not to transfer it into one I use more?
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agent69
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Post by agent69 on Dec 2, 2020 10:06:11 GMT
2 x £25 this month, so same as 2 of the last 3 months.
I've only held £50k for 4 months, as 2 x £15k blocks and 2 x£10k blocks. One of the £15k blocks has won every month, and one of the £10k blocks hasn't won at all. Still currently looking at 0.55% return after 4 months, so not too bad.
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