rogedavi
Member of DD Central
Posts: 100
Likes: 129
|
Post by rogedavi on Feb 27, 2021 10:55:10 GMT
Hi folks
Ive got a lump of cash that is sitting around doing nothing, so I want to put it to work, but I dont want to earn any income from it during 2021/2 due to tax reasons. I also want it to redeem in one go rather than, as what happens with a lot of my legacy P2P investments, I end up with a rump of bad loans that just sit there in limbo forever.
Therefore I'm looking for fixed term products - e.g. a 1yr bond or similar, that I can enter into on say April 7th and which pays a coupon and redeems at the end.
I've used Kufflink before for this sort of thing which worked out pretty well with the cashback incentives. Wisealpha too.
Any other suggestions that would be worth a look into?
Thanks
|
|
|
Post by Ace on Feb 27, 2021 11:06:42 GMT
CapitalRise might be worth a look. You would obviously need to pick loans with suitable terms and only those that pay all profits at the end (some of mine on there pay quarterly). Or perhaps Brickowner for a higher risk/reward option.
|
|
Nomad
Member of DD Central
Posts: 755
Likes: 513
|
Post by Nomad on Feb 27, 2021 11:50:53 GMT
|
|