sqh
Member of DD Central
Before P2P, savers put a guinea in a piggy bank, now they smash the banks to become guinea pigs.
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Post by sqh on Sept 28, 2021 14:45:38 GMT
First or second class Stamps.
In 2011 I bought £100 worth of Stamps at 41p(first class) each, because Royal Mail were about to hike the price. I've used about half the stamps and still have £100 worth of stamps.
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Post by martin44 on Oct 9, 2021 19:35:03 GMT
I would love to pull all of my money out of p2p and to earn a high interest rate for a low risk, the problem is there aren't such investments out there. I like you don't understand a lot of alternative investments. Bonds could be an option, but again I don't fully understand them. Stocks might be vastly inflated, so I don't want to to risk a large capital fall. p2p has served me well since 2012, losses are to be expected, valuations across a lot of different assets are often wrong or at least wrong in a distressed sale situation, but overall I have made over 10%pa, which I am happy with, despite a lot of bad investments decisions on my behalf(combined with bad platform info). If I had left the money in the bank, I would have been a lot worse off. Not east times to find a high interest, safe(ish) investment. I know its a bit belated.... but stocks... as is always the case... will always pay well in the long run.
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easylender
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Post by easylender on Nov 4, 2021 10:57:03 GMT
I know its a bit belated.... but stocks... as is always the case... will always pay well in the long run. Maybe, but as the saying goes, "in the long run we're all dead". In 1929 the Dow fell and took 25 years to recover. Not all of us have an investment timescale of more than 5 years. There would appear to be a lot of market turbulence ahead. If I had a reliable way to know when to buy and when to sell I'd consider stocks, but not without.
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Post by moonraker on Feb 5, 2022 18:06:50 GMT
First or second class Stamps. In 2011 I bought £100 worth of Stamps at 41p(first class) each, because Royal Mail were about to hike the price. I've used about half the stamps and still have £100 worth of stamps.
I missed the original announcement and was alerted to the change by a letter in today's Daily Telegraph reassuring a previous correspondent that obsolete stamps could be exchanged for new ones.
I looked at my motley accumulation of "stamps for postage" dating back many decades and decided I could probably use up most of them by next January. I've just sold a paperback on eBay and rather than print off a £1.99 postage label used six stamps. And I have a parcel to post at a cost of £9.99, so that should use up some of the higher values. And recipients of my cards next Christmas may each be treated to the envelopes being covered in a variety of low-value issues amounting to second-class postage.
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hazellend
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Post by hazellend on Feb 5, 2022 20:39:10 GMT
I know its a bit belated.... but stocks... as is always the case... will always pay well in the long run. Maybe, but as the saying goes, "in the long run we're all dead". In 1929 the Dow fell and took 25 years to recover. Not all of us have an investment timescale of more than 5 years. There would appear to be a lot of market turbulence ahead. If I had a reliable way to know when to buy and when to sell I'd consider stocks, but not without. If your time frame is short then cash is the only sensible holding.
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littleoldlady
Member of DD Central
Running down all platforms due to age
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Post by littleoldlady on Feb 7, 2022 14:11:50 GMT
I know its a bit belated.... but stocks... as is always the case... will always pay well in the long run. Maybe, but as the saying goes, "in the long run we're all dead". In 1929 the Dow fell and took 25 years to recover. Not all of us have an investment timescale of more than 5 years. There would appear to be a lot of market turbulence ahead. If I had a reliable way to know when to buy and when to sell I'd consider stocks, but not without. You could have a look at structured products like those at www.lowes.co.uk/ These usually cannot perform worse than stocks (ignoring dividends) and will in almost all scenarios give a generous return. The downsides are that stocks will outperform them in a strong bull market, and they have to be held until maturity which date is often unknown at the outset as they will mature when the relevant index has triggered repayment. They take the decision of when to buy and when to sell out of your hands.
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mogish
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Post by mogish on Feb 7, 2022 19:34:06 GMT
Even decluttering and selling stuff on ebay isnt worthwhile. Just sold an item for £120, charge £16 in fees!
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m2btj
Member of DD Central
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Post by m2btj on Feb 8, 2022 9:07:09 GMT
Even decluttering and selling stuff on ebay isnt worthwhile. Just sold an item for £120, charge £16 in fees! Always wait for eBay seller offers. Deals range from fee free to 70% off seller fees. Check in notifications for deals & promotions.
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Post by overthehill on Feb 8, 2022 9:19:36 GMT
Even decluttering and selling stuff on ebay isnt worthwhile. Just sold an item for £120, charge £16 in fees! Always wait for eBay seller offers. Deals range from fee free to 70% off seller fees. Check in notifications for deals & promotions.
I use ebay a lot and the final value fee has always been about 13% pre and post paypal, no savings past onto users when they dumped paypal. I've never paid an insertion fee, no idea why, and I believe all offers refer to this fee, maybe not. Offers usually have more strings than a harp but I noticed one on the buy page which was a straight discount code off the purchase price, no idea how I earned it, 15% I think.
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agent69
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Post by agent69 on Feb 8, 2022 10:50:30 GMT
Just had an email from Santander inviting me to 'watch your savings grow'. The invite was for their 0.7% 3 year fixed rate bond, which is subject to availability.
Somehow I think availability might be quite good.
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littleoldlady
Member of DD Central
Running down all platforms due to age
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Post by littleoldlady on Feb 8, 2022 16:31:40 GMT
Just had an email from Santander inviting me to 'watch your savings grow'. The invite was for their 0.7% 3 year fixed rate bond, which is subject to availability.
Or, in real terms, watch it shrink by about 5% pa.
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lobster
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Post by lobster on Feb 8, 2022 17:08:24 GMT
Just had an email from Santander inviting me to 'watch your savings grow'. The invite was for their 0.7% 3 year fixed rate bond, which is subject to availability.
Or, in real terms, watch it shrink by about 5% pa.
That's the grim reality nowadays with inflation running high : Whether it be stocks or bonds or P2P (or the 2:30 at Ascot  ) you have to risk your capital simply to avoid losing purchasing power . You'll be certain to lose with any "savings" account 
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easynow
Member of DD Central
Popcorn anyone?
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Post by easynow on Feb 9, 2022 8:33:10 GMT
Always wait for eBay seller offers. Deals range from fee free to 70% off seller fees. Check in notifications for deals & promotions.
I use ebay a lot and the final value fee has always been about 13% pre and post paypal, no savings past onto users when they dumped paypal. I've never paid an insertion fee, no idea why, and I believe all offers refer to this fee, maybe not. Offers usually have more strings than a harp but I noticed one on the buy page which was a straight discount code off the purchase price, no idea how I earned it, 15% I think.
Ebay fees work out closer to 16% for a business, and I find just over 13% for private accounts. Insertion fees only apply to certain categories (usually business), when you add a second category, or classified adverts, general household doesn't usually attract the attention of insertion fees. The reduced selling fees are based on final value fees. A couple of examples, I had something listed for several weeks on BIN, it sold on Saturday, I received £69.46 for an item which sold at £80, on Sunday I sold something which had been listed as an auction after taking up the offer of selling with 80% reduced selling fees, item sold for £99.02, i received £96.19 after fees. Its certainly worth waiting for the reduced selling fees if you are a private account holder, business sellers get none of the benefits. You will find discount codes are only available on certain items, usually the ones which aren't qualifying for any reduction in fees on the sellers part.
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macq
Member of DD Central
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Post by macq on Feb 9, 2022 10:34:52 GMT
Just had an email from Santander inviting me to 'watch your savings grow'. The invite was for their 0.7% 3 year fixed rate bond, which is subject to availability.
Somehow I think availability might be quite good.
Sounds good to me - having just been offered 0.36% for 3 years on a maturing bond that had been paying 1.95% with NS&I  A quick look at the rates for 3 years on HL active savings shows their top rate for 3 years @ 1.75% down to a laughable low of 0.25 with Metro
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macq
Member of DD Central
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Post by macq on Feb 9, 2022 10:44:31 GMT
Maybe, but as the saying goes, "in the long run we're all dead". In 1929 the Dow fell and took 25 years to recover. Not all of us have an investment timescale of more than 5 years. There would appear to be a lot of market turbulence ahead. If I had a reliable way to know when to buy and when to sell I'd consider stocks, but not without. You could have a look at structured products like those at www.lowes.co.uk/ These usually cannot perform worse than stocks (ignoring dividends) and will in almost all scenarios give a generous return. The downsides are that stocks will outperform them in a strong bull market, and they have to be held until maturity which date is often unknown at the outset as they will mature when the relevant index has triggered repayment. They take the decision of when to buy and when to sell out of your hands. Had been offered a "informal chat/sales pitch" with a tied agent at local building society last year about the same style of product but when i asked about the fee information they became vague and said i must have the meeting first - so i declined A quick look at the link you provide seems also not to mention fees either (or i am not looking in the right place) - but what are the fees on these products as i assume they may be high as i guess they cover the offered product and a management fee?
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) you have to risk your capital simply to avoid losing purchasing power .
A quick look at the rates for 3 years on HL active savings shows their top rate for 3 years @ 1.75% down to a laughable low of 0.25 with Metro