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Post by barnsleybiker on Dec 16, 2022 14:48:31 GMT
Yip agree with LP and UB .let's see what happens tomorrow with Bie rates. Fixed bonds may be worth a look with protection. Or you could buy my ktm 1190 😁 Funny you should mention your bike, I am starting to wonder whether my three bikes are really being used enough and should I let one go, should it be the 1957 Triton , the 1983 Honda XL250 or the 1998 Ducati 916, hopefully they've all increased in value a bit. As I'm over 70 now a decision will have to be made soon. Sorry for going off topic. I've owned or ridden all 3 of those bikes, id think the prices are quite favorable, value probably risen in line with our investments? just more fun than looking at a return on a web page!
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Post by barnsleybiker on Dec 16, 2022 14:51:14 GMT
thx "overthehill", very interesting.
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Post by overthehill on Dec 16, 2022 15:41:35 GMT
Funny you should mention your bike, I am starting to wonder whether my three bikes are really being used enough and should I let one go, should it be the 1957 Triton , the 1983 Honda XL250 or the 1998 Ducati 916, hopefully they've all increased in value a bit. As I'm over 70 now a decision will have to be made soon. Sorry for going off topic. I've owned or ridden all 3 of those bikes, id think the prices are quite favorable, value probably risen in line with our investments? just more fun than looking at a return on a web page!
I only had a bike for about 13 years, original motivation was avoiding traffic queues to and from work, kawasaki gpz500 and a honda CBR600F which I sold 3 years ago. I used to follow a friend on his Fireblade.
Is this forum where ex-bikers end up ? I've not sold the gear yet but the climate in the UK is so atrocious for biking, once the necessity is gone you need some warmth. It was leathers and cold gear in summer.
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Post by davefoz on Dec 19, 2022 19:24:58 GMT
Worth considering Easymoney. The target rates are tiered depending on investment amount, as you increase your investment you are automatically moved to a higher rate if appropriate, however you seemingly stay with any loans you acquired whilst in the lower target rate till they repay. For a 20,000+ investment the targeted rate is now 5.52%. Interest is paid monthly. Been with them for about 9 months, when you move to the next tier only the new loans are at the higher rate, you move up on reinvestment Any other negatives re easy money ?
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Post by Ace on Dec 19, 2022 19:43:38 GMT
Been with them for about 9 months, when you move to the next tier only the new loans are at the higher rate, you move up on reinvestment Any other negatives re easy money ? The only reason that I've never tried them is that I've never considered their rates to be competitive. Possibly worth a shot as a diversification play if you particularly want their type of account, I.e. automation with potential easy access. Others greatly value their EasyMoney Plus card, but doesn't interest me.
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Greenwood2
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Post by Greenwood2 on Dec 19, 2022 19:53:34 GMT
Tried easymoney twice rates too low, no diversification and the perks still don't do anything for me.
Edit: If the perks are useful to you it may be worth a punt just for that.
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mogish
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Post by mogish on Dec 20, 2022 12:37:37 GMT
I've owned or ridden all 3 of those bikes, id think the prices are quite favorable, value probably risen in line with our investments? just more fun than looking at a return on a web page!
I only had a bike for about 13 years, original motivation was avoiding traffic queues to and from work, kawasaki gpz500 and a honda CBR600F which I sold 3 years ago. I used to follow a friend on his Fireblade.
Is this forum where ex-bikers end up ? I've not sold the gear yet but the climate in the UK is so atrocious for biking, once the necessity is gone you need some warmth. It was leathers and cold gear in summer.
I bought a crf300l last year. Only done a 1000 mile or so but enjoy it more than the big bike. I'm doing less mileage each year prob due to not travelling to Europe each summer. It's too easy to make excuses until eventually , like everyone else, I will eventually admit the standing cost is not worth the times I'm using them and sell up. Unfortunately I always choose models that depreciate ; wish I had kept al my yam LCs.!
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Post by davefoz on Dec 20, 2022 20:39:06 GMT
Any other negatives re easy money ? The only reason that I've never tried them is that I've never considered their rates to be competitive. Possibly worth a shot as a diversification play if you particularly want their type of account, I.e. automation with potential easy access. Others greatly value their EasyMoney Plus card, but doesn't interest me. Thank you - Was in originally in at 8% back in today @ 6.5% which makes it more attractive than loanpad. Waiting for a 1 yr bond at 5% (FCS) to further divest out of P2P but it’s difficult.
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hantsowl
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Post by hantsowl on Dec 21, 2022 12:53:34 GMT
Worth considering Easymoney. The target rates are tiered depending on investment amount, as you increase your investment you are automatically moved to a higher rate if appropriate, however you seemingly stay with any loans you acquired whilst in the lower target rate till they repay. For a 20,000+ investment the targeted rate is now 5.52%. Interest is paid monthly.
Consider this.
I haven't lost outright capital+interest with any platform which has/had a 4thway rating. My 3 worst performing platforms by far have been Property Partner (unrated), Lending Works and AssetzCapital for detrimental lender policy changes and damaging defaults/write downs.
Outright capital+interest+time losses with unrated platforms, Fundingsecure (definitely), Archover (probably) and Ablrate (almost certainty)
I agree with the 4th way comments. One to maybe consider is CapitalRise. They have been given the top 3* rating and are ranked the same risk as CrowdProperty. No losses to date and rates 7-8%. They also have loan availability and combined with their Bulletin Board (SM) offerings would allow quite a bit of diversification to spread risk even further.
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Post by indexfund on Dec 25, 2022 5:11:45 GMT
Outside of P2P and with full fscs protection it's worth looking at Hargreaves Lansdown Active Savings.
Lots of prodcuts there, but all non-ISA currently.
3.95% 9 month
4.2% 12 month
4.5% 24 months
etc
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theta
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Post by theta on Mar 2, 2023 9:33:27 GMT
Outside of P2P and with full fscs protection it's worth looking at Hargreaves Lansdown Active Savings. Lots of prodcuts there, but all non-ISA currently. 3.95% 9 month 4.2% 12 month 4.5% 24 months etc If non-ISA and no-easy access, and you are a high/additional rate taxpayer, a better alternative is buying low-coupon Gilts, as capital gains in Gilts are tax exempt. For example the 31/01/24 0.125% Gilt has a yield of 4.1% right now, which is about 4.05% after tax (only the very low coupon is taxed) for a 40%+ taxpayer. It's as safe as can be, and better than fixed term savings in that if you need to, you can sell it before maturity (which may result in losses if rates have increased in the meantime, but at least you have the option), or let it mature to get the guaranteed return. You would need rates in the region of 7% to match that after tax.
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IFISAcava
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Post by IFISAcava on Mar 2, 2023 11:40:08 GMT
Outside of P2P and with full fscs protection it's worth looking at Hargreaves Lansdown Active Savings. Lots of prodcuts there, but all non-ISA currently. 3.95% 9 month 4.2% 12 month 4.5% 24 months etc If non-ISA and no-easy access, and you are a high/additional rate taxpayer, a better alternative is buying low-coupon Gilts, as capital gains in Gilts are tax exempt. For example the 31/01/24 0.125% Gilt has a yield of 4.1% right now, which is about 4.05% after tax (only the very low coupon is taxed) for a 40%+ taxpayer. It's as safe as can be, and better than fixed term savings in that if you need to, you can sell it before maturity (which may result in losses if rates have increased in the meantime, but at least you have the option), or let it mature to get the guaranteed return. You would need rates in the region of 7% to match that after tax. Anyone have tips on where the best place is to buy gilts without large fees? I picked up some via Wise Alpha, as no fee for buying selling, but wary of putting all eggs in that basket.
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theta
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Post by theta on Mar 2, 2023 14:30:20 GMT
If non-ISA and no-easy access, and you are a high/additional rate taxpayer, a better alternative is buying low-coupon Gilts, as capital gains in Gilts are tax exempt. For example the 31/01/24 0.125% Gilt has a yield of 4.1% right now, which is about 4.05% after tax (only the very low coupon is taxed) for a 40%+ taxpayer. It's as safe as can be, and better than fixed term savings in that if you need to, you can sell it before maturity (which may result in losses if rates have increased in the meantime, but at least you have the option), or let it mature to get the guaranteed return. You would need rates in the region of 7% to match that after tax. Anyone have tips on where the best place is to buy gilts without large fees? I picked up some via Wise Alpha, as no fee for buying selling, but wary of putting all eggs in that basket. I wasn't aware of Wise Alpha, so I looked it up. It appears it offers indirect investment in bonds (similar to CFDs). This means you don't get the tax exemption from directly holding the underlying Gilts. I have used Interactive Brokers, it costs 0.1% for the first 10k face value plus 0.025% for any amount over that.
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IFISAcava
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Post by IFISAcava on Mar 3, 2023 11:43:03 GMT
Anyone have tips on where the best place is to buy gilts without large fees? I picked up some via Wise Alpha, as no fee for buying selling, but wary of putting all eggs in that basket. I wasn't aware of Wise Alpha, so I looked it up. It appears it offers indirect investment in bonds (similar to CFDs). This means you don't get the tax exemption from directly holding the underlying Gilts.I have used Interactive Brokers, it costs 0.1% for the first 10k face value plus 0.025% for any amount over that. Sure, but it is a capital gain not income which is the main advantage for me, and the lack of fees means that (given my the sad state of my "limited" [aka negative] capital gains elsewhere) it is probably a better overall return on the short term bonds. Thanks for the IB nod, one of my favourite platforms.
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theta
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Post by theta on Mar 3, 2023 13:51:51 GMT
I wasn't aware of Wise Alpha, so I looked it up. It appears it offers indirect investment in bonds (similar to CFDs). This means you don't get the tax exemption from directly holding the underlying Gilts.I have used Interactive Brokers, it costs 0.1% for the first 10k face value plus 0.025% for any amount over that. Sure, but it is a capital gain not income which is the main advantage for me, and the lack of fees means that (given my the sad state of my "limited" [aka negative] capital gains elsewhere) it is probably a better overall return on the short term bonds. Thanks for the IB nod, one of my favourite platforms. In that case it will definitely better for you indeed. You're welcome re: IB and thank you for the Wisealpha mention, it looks interesting for corporate bonds if the returns are indeed treated as capital gains, so I opened an account.
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