natjake24
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Did you get the £250 investment cheque if so i would invest the money with the same people you get higher rates.
If not look around the banks and compare all the interest rates. Normally your bank will do you a good offer!!
Good luck in what you choose. |
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Mr E Cad
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Safest place for your investments is under your mattress at the moment. |
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marco polo
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The smart medium to long term investment is Silver...
It is still under valued.
The price is likely to go up 1000% in the next 10 years due to its increased use in more and more new technology products.
Also it is a traditional hedge against inflation so you wont ever lose... |
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elocav
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I would buy bullion. Your swiss bank will look after it for you. |
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ALPHF
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Are you Children born after September 2002 ?
If so: The Children's Mutual: CTF
# All payments are a gift to the child and can't be reclaimed by the payer
# The money can only be paid out to the child and is locked in until they are 18
# Tax-efficient growth
# You, your family and friends will be able to contribute up to £1,200 a year into the account between you.
http://www.financecomparator.co.uk/saving.html
Otherwise, Engage is very good:
Engage CHILD TRUST FUND:
# Minimum £5
# Maximum £1200 per year
# Stakeholder Child Trust Fund with stock market growth potential
# The engage Child Trust Fund account meets all of the Government’s Stakeholder CTF requirements.
# Up to £25 FREE Boots voucher
# 1.5% Management Fee
http://www.financecomparator.co.uk/ethical_finance.html#investment_saving
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Ello Guvna
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This may sound a bit left field, but have you ever considered investing in woodland. It actually increases nicely in value plus your kids get their own wood!!! what could be better.
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lou b
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At the moment Mel...the only thing I would invest in is a home safe where you can keep the money until things have stabilised. Mind you. .....my mother is on about Northern Rock being as safe as houses now....and she studies stuff like this. But please don't take her or my word....
## I meant the optimistic definition of 'safe as houses'...as we all know even houses aren't safe at the moment. But my Mum says she'd put her money in Northern Rock...and that's really saying something.... |
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Snoozy
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Post Office, Northern Rock, or NS&I.
If and when the Loyds/HBOS union is complete, and everything is a bit more secure, I'd recommend investing it in a bond. That way you can multiply the money by the time the children are old enough to go onto higher education/leave home. |
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milkman
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i would consider prize bonds - totally secure with the chance of winning money every moth |
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Dilligaf
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National Savings & Investments, it's also easy access. Premium bonds, cant loose and it's backed by the government. |
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betnoonehasthisname84
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open a cash isa - tax free input of £3600 a year on around 5-6% interest. it doesnt ahve a card or book so you dont spend it, it willl be a great nest egg when hes 18 |
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chris_doire80
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You could possibly look into companies expanding into the renewable energy field and have a look at their prices now and their prices in the past when they began or merged into the company they now trade under? Another option may be to inves in an everyday company such as Tescos who are continually evolving their retail methods to include everyday things. Hope this helps you a little, and I hope your kids make millions and look after you in your twilight years!! lol! |
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